FinTech News

Travel insurance Faye nets seed just month after launch from stealth

Whole-trip travel insurance startup Faye has scored $8m in its seed round, which was led by Viola Ventures and F2 Venture Capital.

Industry-first no-code insurer CoverGo receives Series A backing

CoverGo, a no-code SaaS insurance platform, has closed its Series A funding round on $15m, as it eyes international growth.

Healthy lifestyle reward credit card Ness scores funding and launches debut product

Ness, a FinTech that builds credit cards to reduce the cost of wellcare, has raised $15.5m alongside the official launch of its first product, Ness Rewards App.

InsurTech startup SALT scores Series A

SALT, an InsurTech built for the home and auto insurance market, has scored a $2m Series A investment

Munich Re backs ShipIn for digital fleet management

Munich Re Ventures, the venture capital arm of Munich Re Group, a provider of reinsurance, primary insurance and insurance-related risk solutions, has invested in visual fleet management platform ShipIn Systems.

AXA Partners and Trip.com bolster travel insurance alliance

Trip.com and AXA Partners have strengthened their partnership in Europe with the launch of cancellation and medical insurance solutions in Germany, France, and the UK.

SURE closes $150m catastrophe bond transaction

SureChoice Underwriter Reciprocal Exchange (SURE), whose policies are available through US-based residential property managing general underwriter SageSure, has closed a $150m private placement catastrophe bond transaction.

BeSafe Group lands €1.2m for traveller security

Italian travel InsurTech BeSafe Group has raised €1.2m to accelerate the development of tech and insurance services for European tourism.
Generali-AXA-acquisition-Malaysia-life-insurance

Generali poised to take Malaysian life insurance market by storm

Global insurer and asset manager Generali has acquired the majority stakes in the AXA-Affin joint ventures in Malaysia.

ennabl and Fenris Digital team up for insurance brokers

InsurTech startup ennabl has partnered with data innovator Fenris Digital to allow insurance brokers and agents to leverage Fenris’ extensive pool of data.
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Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes costly disruption. Traditional systems, particularly those using leak detection cables, have offered a relatively simple monitoring solution. However, these systems typically rely on fixed alert thresholds, which often fail to reflect the variability of real-world environments. As a result, while detection capabilities exist, their reliability has frequently been called into question.

Why traditional leak detection systems falter in real environments

Leak detection technology has long been a staple across commercial buildings, data centres and critical infrastructure, helping organisations identify water ingress before it causes...
The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade, the sector has made notable progress in areas such as digital distribution, API connectivity, embedded insurance, and the modernisation of agency management systems. However, beneath these advancements lies a growing concern, according to Producerflow.

InsurTech’s data gap threatens AI ambitions

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade,...
Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US.

Ethos and Liberty Mutual team up to deliver fully digital life insurance

Liberty Mutual has partnered with life insurance technology company Ethos to expand its direct-to-consumer life insurance offering in the US. The collaboration will see Liberty...
Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles.

VWFS UK selects Wrisk as preferred insurance partner for commercial vehicles

Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen...
Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience.

Transamerica and Swiss Re collaborate on digital claims transformation

Transamerica, a life insurer, has partnered with global reinsurer Swiss Re to modernise its claims experience. The initiative will see Transamerica adopt Swiss Re’s PromiseXP...
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