FinTech News

Thailand-based InsurTech startup Sunday nets Series B round

Thailand-based InsurTech startup Sunday has reportedly collected $45m in its Series B funding round,

Why insurers need to leverage digitalisation and InsurTech to get a competitive advantage

Prior to the Covid-19 pandemic, the insurance sector was already a highly competitive space. Now, with more demand than ever for insurance, the market is going into overdrive.

Shepherd eyes strengthened workforce following $6.15m seed round

Commercial construction insurance business Shepherd has raised $6.15m from a seed funding round led by Spark Capital.

Tractable releases new AI tool that can assess vehicle damage within minutes

Tractable has released a new AI solution that can assess a vehicle’s external condition and possible damage within minutes.

How dacadoo’s personalised risk assessments can help insurers up their insurance game

Dacadoo’s new whitepaper outlined the tangible outcomes its Health Scoring technology can bring to healthcare expenditure savings.

Open collects $31m ahead of New Zealand launch

Australasian InsurTech company Open has raised $31m in a growth round supported by international investors, as it gears up for New Zealand launch.

Arch Capital closes deal to acquire Westpac’s mortgage insurance business

Insurance firm Arch Capital has closed the acquisition of Westpac Lenders Mortgage Insurance (WLMI) for an undisclosed fee.

InsurTech Blueprint banks $16m, buys Southwest Land Title Insurance Company

Real estate company Blueprint Holding Co., a Nashville-based owner of InsurTech company Blueprint Title, raised $16m in Series B funding.

Insurify rakes in $100m from Motive Partners-led Series B

Insurance agent and comparison platform Insurify has raised $100m from a Series B round led by private equity firm Motive Partners.

UAE InsurTech Hala inks $5m to expand market footprint

Abu Dhabi-based Hala has snared $5m from a funding round led by Mubadala Investment Company.

News Stories

Insurers and banks rely on increasingly powerful data platforms. But while data infrastructure has advanced, the processes used to prepare that data often remain slow and manual. As data volumes grow and sources multiply, turning raw data into usable inputs for pricing and underwriting has become one of the biggest operational bottlenecks. Earnix Elevate Data was designed to address this challenge.

How Earnix Elevate Data accelerates pricing and underwriting decisions

Insurers and banks rely on increasingly powerful data platforms. But while data infrastructure has advanced, the processes used to prepare that data often remain...
Insurance pricing in Brazil has evolved significantly over the past decade. What was once a process driven largely by experience and professional judgment is becoming a more structured discipline based on data, modelling and risk analysis.

Expected loss and tariff gaps: a practical framework for insurance pricing

Insurance pricing in Brazil has evolved significantly over the past decade. What was once a process driven largely by experience and professional judgment is...
Allianz Turkiye, a multinational insurer, has selected the Nettle platform to support its commercial property risk engineering operations.

Allianz Turkiye adopts Nettle platform for commercial property inspections

Allianz Turkiye, a multinational insurer, has selected the Nettle platform to support its commercial property risk engineering operations. The decision follows a pilot programme in...

1Cover consolidates payments stack with Adyen platform

Adyen, a global PayTech platform, has expanded its partnership with Australian travel insurer 1Cover to modernise the company’s payments infrastructure across Australia and New...
ING, a global banking group, has become a managing general agent (MGA) as part of a new insurance strategy powered by InsurTech platform Qover.

ING becomes managing general agent with Qover technology

ING, a global banking group, has become a managing general agent (MGA) as part of a new insurance strategy powered by InsurTech platform Qover. Under...
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