FinTech News

Generali partners with United Nations to protect the world’s vulnerable

Global insurer and asset manager Generali has partnered with The United Nations Development Programme (UNDP) to develop insurance and risk finance solutions to enhance the resilience of communities and local businesses.

Betterview and Canopy Weather to pool property risk datasets

Betterview, an InsurTech provider of actionable property intelligence to property and casualty (P&C) insurance companies, has partnered with Canopy Weather, a provider of weather and hazard data sets.

Tractable teams up with Duck Creek for AI-powered solutions

Tractable, a provider of artificial intelligence (AI) to accelerate accident and disaster recovery, is to integrate its solutions into Duck Creek Technologies platform.

Sigo Seguros secures funding for underserved hispanic market

Sigo Seguros, an InsurTech startup determined to close the insurance gap within Latinx and immigrant communities, has raised $5.4m in its seed funding round.

Digital insurer Covr collects $15m

Covr Financial Technologies, a digital life insurance platform, has raised $15m in Series B funding.

What do insurance leaders want to see from the industry?

It is an exciting time for the Insurance and InsurTech industry. Ahead of the Global InsurTech Summit on April 28, FinTech Global spoke to some notable leaders in the industry on what areas are most exciting, the technologies that are being implemented, and what they would like to see from the industry.

Policygenius and Foresters Financial launch insurance product

Policygenius, a tech-enabled platform for insurance shopping, has launched an insurance product in collaboration with Foresters Financial.

Relativity6 collects seed fund to expand its underwriting capabilities

Relativity6, an AI platform for industry classification, has raised $5.25m in a seed funding round led by Fin Capital.

RenaissanceRe launches casualty and specialty venture

RenaissanceRe has unveiled a casualty and specialty joint venture, Fontana Holdings, which has launched with $375m of capital.

Novidea responds to increased global demand from MGAs

Novidea, the creator of a cloud-native, data-driven platform for the entire insurance policy distribution lifecycle, has revealed its configurable Agency Management System (AMS) is seeing high demand from Managing General Agents (MGAs) and Managing General Underwriters (MGUs).
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News Stories

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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