FinTech News

Blockchain consortium RiskStream to work with B3i Services for parametric home insurance

The Institutes RiskStream Collaborative, the risk management and insurance industry’s blockchain consortium, has partnered with B3i Services AG, to explore automation in home insurance.

Associa selects Mylo as home and auto insurance partner

Associa, a community association management firm in North America, has selected digital agency Mylo as its home and auto insurance partner.

Traditional Mutual Insurance opts for Guidewire to automate underwriting

Traditional Mutual Insurance Company has selected Guidewire to automate and simplify its business processes, including underwriting and reinsurance.

IMA launches metaverse’s first insurance research facility

IMA Financial Group has launched IMA Web3Labs, the metaverse’s first insurance and risk management research and development facility.

InsurTechs Ascend and Stere join forces

InsurTech infrastructure companies Ascend and Stere have partnered to provide existing brokers, MGAs and carriers with digital experiences.

Keller Williams partners with bolt for home insurance

Real estate technology franchise Keller Williams (KW) has partnered with property and casualty (P&C) InsurTech bolt.

Insurity to support global cargo market

Insurity, a provider of cloud-based software for insurance carriers, brokers and MGAs, is to launch a solution for property & casualty (P&C) carriers in the global cargo market.

Gradient AI and Socotra join forces for intelligent claims and underwriting

Gradient AI, a software provider of artificial intelligence (AI) solutions in the insurance industry, has partnered with Socotra, a provider of a cloud-native platform for insurers.

BlackRock selected as strategic partner for AIG

American International Group (AIG) has entered into a strategic partnership with BlackRock whereby the company will manage certain AIG life and retirement assets.

RVU to bolster motor insurance with Tempcover

RVU, owners of Uswitch, Confused.com and Money.co.uk, has agreed to acquire short term insurance brokerTempcover.
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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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