FinTech News

Cruise and Mobilitas to provide autonomous vehicle insurance

Cruise and Mobilitas Insurance have partnered to provide commercial insurance coverage for Cruise and its fleet of all-electric, zero-emission self-driving vehicles.

Tokio Marina backs ICEYE for natural catastrophe risks

ICEYE, an expert in natural catastrophe (NatCat) solutions, has received an investment from Tokio Marine Holdings to develop insurance products.

Treasury management platform Vitesse PSP scores $26m

Vitesse PSP, a global payment and treasury management platform, has scored $26m in its Series B funding round.

Neobank Rewire to add insurance offering

Israel-based neobank Rewire, which provides services for expatriate workers, has raised a $25m strategic investment that it said will allow it to develop insurance products.

Elephant Insurance partners with Appalachian Underwriters

Elephant Insurance, a Virginia-based, digital-first auto insurance company, has partnered with Appalachian Underwriters (AUI), the nation's fifth largest national managing general agency.

Sensa launches ‘pro-active’ insurance in US

Sensa, which calls itself a “pro-active insurance company” has launched its auto insurance offering in the US.

Topsail sails away with $50m

Reinsurance company based in the Cayman Islands Topsail has raised $50m from existing investors to continue its growth in the region.

Climate-focused InsurTech kWh Analytics raises $20m

kWh Analytics, which supports insurance for the climate, has received $20m in funding to support its expansion efforts.

Armorblox, Coalition team to protect firms from email attacks and cyber threats

Security firm Armorblox has partnered with InsurTech firm Coaliation to offer an end-to-end solution that combines best in-class email security and cyber insurance to companies.

The 4 high-value trends in InsurTech

InsurTech is evolving rapidly. The sector has flourished over the past few years and new trends are always taking centre stage. To stay ahead...

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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