FinTech News

Haven Life and Kinly to break down life insurance barriers

Haven Life, the customer centric life insurance agency backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual), and Kinly are partnering to make term life insurance more accessible to Black Americans.

CropSafe secures $3m to “revolutionise farming”

CropSafe, a platform which aims to revolutionise the future of farming, has raised over $3m in seed funding and opened a US headquarters in Los Angeles.

Helping businesses prepare for climate change: Salient Predictions raises $5.4m

Salient Predictions, a Boston-based technology company that creates subseasonal-to-seasonal (S2S) weather forecasts and analytics, has raised $5.4m in a seed round.

Digital life insurer Afficiency secures Series A

Afficiency, an InsurTech aiming to transform the end-to-end life insurance buying process, has raised $7m in Series A funding.

What were the biggest deals in InsurTech in 2021?

2021 was another year of growth for the InsurTech industry, with funding setting an annual record of $9.1bn only nine months into the year. But what were the biggest deals?

Is embedded insurance the way forward for insurance distribution?

One of the fastest growing trends in the insurance market today is embedded insurance. Predicted to reach $722bn by 2030, it is definitely something to watch out for.

How applied AI benefits people, the planet, and profits

Businesses must act now to adapt to the challenges of today and unlock greater growth potential, without sacrificing the health of the planet. Applied AI technologies could be paramount in achieving this.
acrisure-receives-eye-watering-725m-now-valued-at-23bn

Acrisure receives eye-watering $725m, now valued at $23bn

Global insurer and FinTech Acrisure has raised $725m in Series B-2 preferred equity to fuel its ongoing expansion.

Quantexa secures 144% net retention rate in stellar FY 2022 performance

Quantexa has secured a powerful full year fiscal 2022 performance and has emphasised its 144% net retention rate and 70% increase in committed ARR across the year.

Lumera to acquire Ai-London for European expansion

Lumera, an InsurTech dedicated to the digital transformation of the European Life and Pensions industry, has entered an agreement to acquire Ai-London.

News Stories

Across EMEA, insurers are investing heavily in insurance pricing and AI. Companies are looking to implement faster decisions, more precise pricing, and the ability to compete in a market defined by volatility and regulation. On the surface, progress looks real. New models are built. Data science teams expand. AI pilots are launched. Platforms are upgraded. Yet when it comes to production, very little changes.

Why insurers are falling behind on pricing platform transformation

Across EMEA, insurers are investing heavily in insurance pricing and AI. Companies are looking to implement faster decisions, more precise pricing, and the ability...
Clearcover, a digital-first InsurTech specialising in car insurance, has launched a new auto insurance product in Florida alongside its “26 for ’26” agent incentive programme, aiming to deliver flexible, transparent cover while boosting agent engagement.

Clearcover enters Florida with fee-free car insurance

Clearcover, a digital-first InsurTech specialising in car insurance, has launched a new auto insurance product in Florida alongside its “26 for ’26” agent incentive...
Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, an insurer targeting underserved markets, to deploy its P&C SaaS platform and support business expansion.

Origami Risk powers Gramercy growth with SaaS solution

Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, an insurer targeting underserved markets, to...
Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and reduces costs when vehicles operate in autopilot mode, in partnership with Tesla.

Roamly unveils real-time insurance for Tesla fleets

Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and...
Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies within a single day.

Root speeds up agent onboarding with 24-hour programme

Root, a technology-driven car insurance provider, has launched a 24-hour agent appointment programme, enabling independent insurance agents to complete onboarding and begin selling policies...
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