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 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...
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 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.
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 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 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 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 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 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.