FinTech News

Parametrix, a provider of parametric insurance for digital business interruption, has raised $27m in Series B funding led by Mundi Ventures, FirstMark Capital, and Hannover Digital Investments, the corporate venture arm of HDI Group.

Parametrix bags $27m to expand parametric coverage

Parametrix, a provider of parametric insurance for digital business interruption, has raised $27m in Series B funding led by Mundi Ventures, FirstMark Capital, and...
Wisedocs, an AI-powered medical record review and claims documentation platform with expert human oversight, has joined the Guidewire Insurtech Vanguards program, a curated community of InsurTechs helping property and casualty (P&C) insurers modernise and scale their operations.

Wisedocs joins Guidewire’s Insurtech Vanguards program

Wisedocs, an AI-powered medical record review and claims documentation platform with expert human oversight, has joined the Guidewire Insurtech Vanguards program, a curated community...
A high-potential producer is ready to join your network, but contract reviews often drag on for weeks. Commission questions and addendums slow the process. By the time organisations are ready to finalise, the producer may have signed with a competitor who moved faster.

How to accelerate producer contracting and onboarding

A high-potential producer is ready to join your network, but contract reviews often drag on for weeks. Commission questions and addendums slow the process....
Modern pricing engines are rapidly changing how insurers approach deployment, shifting from an infrastructure-heavy burden to a streamlined strategic capability. In a sector long constrained by complex integrations, unpredictable expenditure and brittle architecture, cloud-native design is now redefining how IT leaders deliver performance, agility and resilience, according to Akur8.

How insurers scale pricing engines with agility

Modern pricing engines are rapidly changing how insurers approach deployment, shifting from an infrastructure-heavy burden to a streamlined strategic capability. In a sector long...
Bold Penguin has announced a new partnership with Adaptive Insurance, bringing the insurer’s parametric power outage protection to the Bold Penguin Placement Desk and expanding the range of climate-resilience solutions available to agents.

Bold Penguin integrates Adaptive’s GridProtect into its platform

Bold Penguin has announced a new partnership with Adaptive Insurance, bringing the insurer’s parametric power outage protection to the Bold Penguin Placement Desk and...
US InsurTech deal activity Q1 - Q3 2025

California firms dominated US InsurTech market from Q1 – Q3 as national deal activity...

Key US InsurTech investment stats in Q1 – Q3 2025: US InsurTech deal activity held steady at 110 transactions in Q1-Q3 California continued to...
Carpe Data, a leading provider of next-generation data solutions for the insurance industry, has announced a collaboration with Verisk, a global provider of data analytics and technology for insurers.

Carpe Data and Verisk enhance digital insurance claims tools

Carpe Data, a leading provider of next-generation data solutions for the insurance industry, has announced a collaboration with Verisk, a global provider of data...
McGill and Partners, the independent global specialty insurance and reinsurance broker, has partnered with AEGIS London, a top-quartile Lloyd’s syndicate, to introduce a digital-first approach to placing risk.

McGill and Partners and AEGIS London unveil automated quote-and-bind system

McGill and Partners, the independent global specialty insurance and reinsurance broker, has partnered with AEGIS London, a top-quartile Lloyd’s syndicate, to introduce a digital-first...
AI agents are fundamentally different from traditional software. According to Ushur, treating AI agents like standard software—something to buy, configure, and “set and forget”—can create challenges, especially in regulated industries such as healthcare, financial services, and insurance. Unlike deterministic software, AI agents interpret, reason, and act within environments, making them function more like digital co-workers than hard-wired applications.

How enterprises can safely deploy AI agents

AI agents are fundamentally different from traditional software. According to Ushur, treating AI agents like standard software—something to buy, configure, and “set and forget”—can...
Growing a producer network across multiple US states is notoriously labour-intensive, and according to Producerflow, organisations often spend weeks manually tracking licences, managing renewals and navigating numerous state portals. Without a centralised view of producer status, compliance teams lack real-time insight into continuing education progress and upcoming expirations. This slows activation, drains operational capacity and exposes firms to unnecessary compliance risk.

How automation simplifies multi-state producer licensing

Growing a producer network across multiple US states is notoriously labour-intensive, and according to Producerflow, organisations often spend weeks manually tracking licences, managing renewals...
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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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