FinTech News

Qover snares $25m Series B to accelerate global development

Brussels-headquartered InsurTech Qover has closed a $25m Series B funding round led by Prime Ventures.

InsurTech companies raised nearly $2.3bn in Q1 driven by large late-stage deals in United...

Companies in the sector completed 126 deals globally with six $100m+ transactions closed in the US The global InsurTech industry saw tremendous growth in...

dacadoo named as one of the Cool Vendors in Insurance 2021 by Gartner

Switzerland-based InsurTech platform dacadoo has been named as one of the four Cool Vendors in Insurance 2021 by Gartner.

The 34 FinTech rounds from the last week you can’t afford to miss

FinTech companies continue to blaze a trail with CyberTech and InsurTech enterprises in the lead. The 34 ventures in the sector that topped up their accounts last week prove that.

InsurTech Archipelago scoops up $34m in new funding

San Francisco-based AI-driven technology and data analytics company focused on commercial property risks Archipelago raised $34m in Series B funding.

Brella Insurance scores $15m Series A as it gears for US growth

US-based Brella Insurance has collected $15m in its Series A funding round, which was led by Brewer Lane Ventures.

InsurTech company Air Doctor is a finalist for the 2021 Efma-Accenture Innovation in Insurance...

Israel-based InsurTech company Air Doctor has been named as a finalist for the 2021 Efma-Accenture Innovation in Insurance Awards competition.

Ornikar reels in $120m in Series C funding to expand its insurance offering

Paris-based online driver training and road awareness platform Ornikar raised $120m in led by KKR in an effort to scale up its car insurance product.

Insurance firms sign Tech Nation’s FinTech Pledge

A cohort of insurance providers signed up to the FinTech Pledge, which was launched across the UK banking sector last year by tech company growth platform, Tech Nation.

Akur8 to help Munich Re bolster its pricing capabilities through new partnership

Akur8, an AI-powered insurance pricing solution, will help Munich Re bolster its pricing capabilities for Global Consulting Unit1, as part of a new partnership.

News Stories

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens of thousands of independent agencies, and a growing volume of licensing and compliance transactions all play a role in how insurance products reach customers.

What the latest data says about the US insurance producer landscape

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens...
Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers in Malaysia and the Philippines.

Cover Genius expands Asia travel insurance footprint with Tongcheng Travel

Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers...
Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across organisations.

Sixfold enhances underwriting AI with institutional knowledge engine

Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across...
Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use of generative AI across protection insurance.

Aviva rolls out AI-powered critical illness underwriting capability

Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use...
Zego secures $28m to expand telematics in Japan

Zego secures $28m to expand telematics in Japan

Zego, a UK-based digital motor InsurTech, has announced a strategic partnership with Sompo Holdings, one of Japan's largest insurance groups, as part of a...
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