FinTech News

Sureify and Socotra join forces for life insurance

InsurTech Sureify has partnered with Socotra, a provider of a cloud-native platform for insurers, to strengthen digital capabilities in the life insurance industry.

Singapore’s Docsumo scores seed funding

Singapore-headquartered Docsumo, which helps firms automate decisions from customer documents, has netted $3.5m in its seed funding round.

UK InsurTech DeadHappy collects funds

Digital life insurance startup DeadHappy has reportedly scored $15m in its latest funding round.

How InsurTech Air Doctor is pioneering access to medical care, wherever you are

Despite the fact that travel was hit hard by the Covid-19 pandemic, the need for sufficient medical coverage has been thrust into the spotlight. Air Doctor bridges the gap between insurers, doctors and travellers to offer a universal healthcare product, at a time when it is particularly anxiety-inducing to fall ill whilst abroad.

Anthemis on public InsurTech woes, backing female founders and the sector’s future

Anthemis Group, a cultivator of change in the financial system, was the most active InsurTech investor in 2021, participating in a total of 11 transactions. FinTech Global sits down with the prolific VC to discuss what exactly it sees in the InsurTech industry.

Plum Life secures seed for digital life insurance platform

InsurTech Plum Life has closed a $5.3m seed round led by ManchesterStory to grow its agent-only digital life insurance platform.

Cover Whale and dreyhev in pursuit of creating safer roads

Cover Whale Insurance Solutions is partnering with dreyhev to build a risk-based technology process to transform commercial auto insurance.

Acrisure sets foot in Spain with Summa Insurance

Global insurance broker Acrisure has acquired Spain-based Summa Insurance Brokerage, marking its entry into its tenth global market.

Verisk in Opta take-over for data-driven risk management

Global data analytics provider Verisk has acquired provider of property intelligence solutions Opta with the goal of reshaping risk management.

How can companies engage in smarter customer conversations?

Research by software company Smart Communications has outlined the importance of delivering personalised, omnichannel conversations amid increasing consumer expectations to build trust.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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