FinTech News

Debunking 5 myths around InsurTech

The InsurTech sector has boomed over the past few years, but there are still common myths about the sector that need to be debunked.

InsurTech startup Slope Software nets $2m in funding

US-based InsurTech startup Slope Software has netted $2m in a funding round led by Tech Square Ventures.

Pet insurance company OneDegree bags Series B1 to support five-year expansion plan

OneDegree, which claims to be one of the fastest growing InsurTech companies in Asia, has raised $28m in its Series B1 funding round.

Goldman Sachs backs InsurTech DealerPolicy in $110m Series C

Automotive insurance marketplace DealerPolicy has pulled in $110m from a Series C funding round led by Goldman Sachs Asset Management.

Pie Insurance secures regulatory approval to acquire Western Select

InsurTech Pie Insurance has revealed it has received regulatory approval from the Illinois Department of Insurance to purchase Western Select Insurance Company.

InShare collects $7.5m to support new product launches

InShare, which claims to provide workers with cheaper insurance policies, has collected $7.5m in its seed funding round.

Sayata aims to expand insurance footprint with $17m Series A

Insurance broker marketplace Sayata has bagged $17m from a Series A funding round led by Team8 Capital and Vertex Ventures.

FCA concerned insurers unprepared for governance regulation

The UK Financial Conduct Authority worries many insurance firms are not prepared for upcoming product governance regulation changes.

Koop Technologies closes seed funding for its autonomous vehicle data platform

Koop Technologies, an InsurTech aimed at the autonomous vehicle market, has secured $2.5m in its seed round.

Tysers unveils new cloud-based policy consolidation platform

Global insurance broker Tysers who launched TConnect, an insurance platform that is designed to consolidate processes and automate the life cycle of a policy.

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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