FinTech News

Hellas Direct links with Akur8 to boost its best-in-class pricing process

Akur8 has partnered with Hellas Direct to strengthen the latter’s pricing process for motor and home insurance.

MotionsCloud rakes in $2m

InsurTech startup MotionsCloud, which leverages AI to automate insurance claims and inspections, has raised $2m in its recent round of funding.

Addresscloud and Ambiental to level-up climate risk modelling

Geo-coding and property intelligence provider Addresscloud has partnered with provider of flood and climate risk data Ambiental Risk Analytics, to bring advanced climate change data to the insurance market.

Nationwide and Razor Tracking to optimise agribusiness fleet safety

Nationwide has partnered with Razor Tracking to offer advanced telematics and fleet management solutions at a discount for Nationwide’s agribusiness customers.

By Miles launches connected platform

UK-based pay-by-mile car insurance startup By Miles has launched its By Miles Connect platform which will allow drivers of connected cars to connect their insurance policy to the company directly from their car.

Cyber insurer Coalition adds Vantage to its excess program

Cyber insurance platform Coalition has added Vantage, a re/insurance partner established in 2020, to its US excess cyber program through its Vantage Risk Specialty Insurance Company.

Tractable and Aviva team up for AI-powered motor claims

InsurTech Tractable has signed an agreement with UK-based insurer Aviva, to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI).

InsurTech Draftrs launches digital platform

Draftrs, an InsurTech company focused on modernising small business professional liability insurance, has launched a digital insurance platform.

Estonian InsurTech DriveX steers to $1m round close

Estonian FinTech startup DriveX has closed a $1m investment round to help with its European expansion efforts.

ennabl, Relativity6 partner to bring tailored insurance advice to brokers

InsurTech startup ennabl has teamed up with data classification platform Relativity6 to help insurance brokers give tailored insurance to customers.
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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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