FinTech News

Market consolidation in InsurTech: who wins and who loses?

An increased demand of InsurTech services has continued to attract steady stream of innovative new entrants to the industry, and incumbents have had to...

WTW offloads treaty reinsurance brokerage business to Gallagher for $3.25bn

Willis Towers Watson has completed the sale of all its treaty reinsurance brokerage operations to global insurance firm Gallagher.

HealthySure secures funding to provide health security to India

Mumbai-based InsurTech platform HealthySure, has raised an undisclosed amount of funding in a pre-Series A round from We Founder Circle (WFC) and others, a...

Lyanne, the voice for policyholders, lands funding

Paris-headquartered Lyanne, which aims to simplify insurance claims management on behalf of policy holders, has raised €1.2m in seed funding.

Octamile raises $500,000 as it exits stealth

Nigeria-based InsurTech startup Octamile has come out of stealth mode with $500,000 from a pre-seed funding round led by EchoVC.

InsurTech startup Betterfly recruits Chubb for Latin America expansion

Property and casualty insurer Chubb has formed a digital alliance with Betterfly, a Latin America-based digital benefits platform used by companies to encourage employee commitment to self-care.

Kin launches its landlord insurance plan in Florida

Kin, which is transforming home insurance through technology, has launched its landlord insurance plans, which will debut in Florida.

Socotra and omni:us join forces for better customer experience

Socotra, a cloud-native core platform for insurers, is to partner with provider of intelligent insurance claims automation omni:us. Socotra said that together with omni:us, it...

Delos secures funding to insure homes at risk of wildfires

Delos Insurance Solutions, a catastrophe insurance managing general agency (MGA) with a specialty in California wildfire-related risks, has closed a $5.3m seed funding round. The round...

Azos secures funding to modernise life insurance in Brazil

Brazilian digital life insurance provider Azos has raised $10m in a Series A funding round led by Prosus Ventures, a report by Coverager has revealed.

News Stories

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company.

Beazley investors back £8.1bn Zurich takeover deal

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company. The deal was backed by 99.9% of votes...
Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they share their insurance information.

Canopy Connect adds multi-option sharing path to intake platform

Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they...
The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers.

Rising home insurance premiums add pressure for first-time buyers

The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers. The company’s latest analysis...
EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part of a new overseas travel insurance offering.

Tokio Marine adopts ClaimPulse to automate travel insurance FNOL

EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part...
SoundHound AI, a conversational AI technology firm, has agreed to acquire enterprise messaging platform LivePerson in a deal designed to create an end-to-end omnichannel conversational AI platform for global enterprises.

SoundHound buys LivePerson to build omnichannel AI platform

SoundHound AI, a conversational AI technology firm, has agreed to acquire enterprise messaging platform LivePerson in a deal designed to create an end-to-end omnichannel...
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