FinTech News

Madrid-based InsurTech startup Tuio has raised $16.7m in a funding round that combined equity and debt, as it looks to enhance the service it provides to its clients.

Spanish InsurTech startup Tuio raises $16.7m to accelerate growth

Madrid-based InsurTech startup Tuio has raised $16.7m in a funding round that combined equity and debt, as it looks to enhance the service it provides to its clients.
Monarch E&S Insurance Services has partnered with Obsidian Insurance Holdings to launch an enhanced personal umbrella policy.

Monarch E&S and Obsidian Insurance collaborate to launch enhanced personal umbrella policy

Monarch E&S Insurance Services has partnered with Obsidian Insurance Holdings to launch an enhanced personal umbrella policy. The offering, known as Knight Protector, seeks to enhance personal liability...
arqu, a tech-enabled wholesale insurance brokerage, has raised $10m in a Series A financing round led by Crosslink Capital, with additional support from Intact Ventures.

Tech-driven insurance broker arqu raises $10m in Crosslink Capital-led round

arqu, a tech-enabled wholesale insurance brokerage, has raised $10m in a Series A financing round led by Crosslink Capital, with additional support from Intact Ventures.
65% of insurance claims handlers have noticed a rise in fraudulent claims since the onset of the cost of living crisis.

65% of insurance claims handlers report surge in fraudulent claims amid cost of living...

65% of insurance claims handlers have noticed a rise in fraudulent claims since the onset of the cost of living crisis.
In the fast-paced world of retail, securing customer loyalty requires more than just making sales—it’s about creating engaging, personalised experiences that keep shoppers coming back. With e-commerce giants and social media-driven brands constantly setting higher expectations, retailers must stay ahead by addressing customers' deeper wants and needs. From personalised shopping to advanced AI, the following strategies will help retailers retain customers and build long-term relationships.

10 key customer engagement strategies for retailers

In the fast-paced world of retail, securing customer loyalty requires more than just making sales—it’s about creating engaging, personalised experiences that keep shoppers coming back. With e-commerce giants and social media-driven brands constantly setting higher expectations, retailers must stay ahead by addressing customers' deeper wants and needs. From personalised shopping to advanced AI, the following strategies will help retailers retain customers and build long-term relationships.
Quantee, a leading InsurTech provider, has announced that Colombian insurance firm Seguros del Estado has joined its client base. 

Quantee partners with Colombian insurer Seguros del Estado to develop scalable insurance models

Quantee, a leading InsurTech provider, has announced that Colombian insurance firm Seguros del Estado has joined its client base. 
Marsh, a global professional services firm offering risk management and insurance solutions, and Tokio Marine Kiln (TMK), a specialist Lloyd’s underwriter, have teamed up to create a business interruption insurance facility.

Marsh and Tokio Marine Kiln launch $50m business interruption insurance for ports facing geopolitical...

Marsh, a global professional services firm offering risk management and insurance solutions, and Tokio Marine Kiln (TMK), a specialist Lloyd’s underwriter, have teamed up to create a business interruption insurance facility.
wefox Holding AG, a leading InsurTech firm focused on simplifying insurance processes, has appointed Joachim Müller as its new CEO, effective immediately.

Wefox announces Joachim Müller as CEO to mark next phase of growth

wefox Holding AG, a leading InsurTech firm focused on simplifying insurance processes, has appointed Joachim Müller as its new CEO, effective immediately.
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced that Sir Charles Roxburgh KCB will be its next Chair.

Lloyd’s announces Sir Charles Roxburgh as new Chair

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has announced that Sir Charles Roxburgh KCB will be its next Chair. This appointment is subject...
Davies, a specialist in professional services and technology for the insurance, financial services, and regulated markets, has announced a strategic partnership with Majesco, a global leader in cloud-based insurance software solutions.

Davies teams up with Majesco for AI-powered loss control solutions

Davies, a specialist in professional services and technology for the insurance, financial services, and regulated markets, has announced a strategic partnership with Majesco, a global leader in cloud-based insurance software solutions.

News Stories

Duck Creek Technologies, an intelligent solutions provider shaping the future of property and casualty (P&C) and general insurance, has launched its latest insurance-focused payments solution to modernise and simplify payment processes for insurance carriers.

Duck Creek Technologies introduces Payments Facilitator to streamline insurance transactions

Duck Creek Technologies, an intelligent solutions provider shaping the future of property and casualty (P&C) and general insurance, has launched its latest insurance-focused payments solution to modernise and simplify payment processes for insurance carriers.
The Open Carbon Protocol (OCP) has announced a strategic partnership with Kita to improve the credibility and integrity of carbon credit transactions.

The Open Carbon Protocol partners with Kita to boost transparency in carbon credit markets

The Open Carbon Protocol (OCP) has announced a strategic partnership with Kita to improve the credibility and integrity of carbon credit transactions. The primary goal...
RSA Insurance, a leading provider of insurance products and services, has launched a new financial risks product called Directors' and Officers' (D&O) Protection.

RSA expands financial risks offering with new D&O protection product

RSA Insurance, a leading provider of insurance products and services, has launched a new financial risks product called Directors' and Officers' (D&O) Protection.
Quantee, a dynamic provider of pricing solutions, is set to help Agria achieve pricing excellence throughout its next stage of growth in Sweden and across Europe.

Quantee collaborates with Agria to revolutionise pet insurance in Sweden and beyond

Quantee, a dynamic provider of pricing solutions, is set to help Agria achieve pricing excellence throughout its next stage of growth in Sweden and across Europe.
Saudi Reinsurance Company (Saudi Re), a leading reinsurer in the Middle East, has appointed Ahmed Al-Jabr as its new chief executive officer (CEO), effective from 1st October 2024.

Saudi Re appoints new CEO as it looks to reinforce its competitive position

Saudi Reinsurance Company (Saudi Re), a leading reinsurer in the Middle East, has appointed Ahmed Al-Jabr as its new chief executive officer (CEO), effective from 1st October 2024.

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