FinTech News

Root Insurance, the technology-driven auto carrier and subsidiary of Root, Inc., and Kikoff, a personal finance platform using AI to help users build credit, manage debt and save, have announced a new partnership.

Root and Kikoff join to offer personalised car insurance

Root Insurance, the technology-driven auto carrier and subsidiary of Root, Inc., and Kikoff, a personal finance platform using AI to help users build credit,...
WTW (Willis Towers Watson) has launched the Radar Connector for Databricks, expanding the capabilities of its insurance analytics and pricing platform through a new native integration with the Databricks Data Intelligence Platform.

WTW connects Radar pricing platform to Databricks

WTW (Willis Towers Watson) has launched the Radar Connector for Databricks, expanding the capabilities of its insurance analytics and pricing platform through a new...
Japanese electronics giant Sony has partnered with global InsurTech bolttech to launch My Sony Care+, an embedded protection programme designed to provide customers with extended and more comprehensive coverage for their devices.

Sony partners with bolttech on embedded insurance

Japanese electronics giant Sony has partnered with global InsurTech bolttech to launch My Sony Care+, an embedded protection programme designed to provide customers with...
Almost everyone in the insurance sector is talking about AI, yet few organisations have managed to deploy it at scale. By 2025, nearly 90 per cent of insurers are expected to implement some form of AI. That figure sounds impressive until you consider that only around seven per cent are likely to move beyond pilot programmes. The challenge is not ambition or budget. According to IntellectAI, it comes down to trust, accuracy, and the often chaotic reality of insurance data.

How human oversight improves insurance AI

Almost everyone in the insurance sector is talking about AI, yet few organisations have managed to deploy it at scale. By 2025, nearly 90...
Israel-based automotive group Colmobil has chosen Novidea’s cloud-native insurance management platform to modernise and consolidate its vehicle insurance operations.

Colmobil deploys Novidea to automate vehicle insurance

Israel-based automotive group Colmobil has chosen Novidea’s cloud-native insurance management platform to modernise and consolidate its vehicle insurance operations. The rollout will cover Colmobil’s insurance...
Lausanne-based startup Ex Nunc Intelligence has closed an oversubscribed €1.8m pre-seed funding round to further develop its Silex platform and expand its legal intelligence infrastructure.

Lausanne LegalTech Ex Nunc raises €1.8m for AI platform

Lausanne-based startup Ex Nunc Intelligence has closed an oversubscribed €1.8m pre-seed funding round to further develop its Silex platform and expand its legal intelligence...
BirdsEyeView, a European Space Agency-backed InsurTech, has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling capabilities.

BirdsEyeView lands investment to scale wildfire analytics

BirdsEyeView, a European Space Agency-backed InsurTech, has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling...
London-based InsurTech YuLife has appointed Tal Gilbert as chief executive officer as the InsurTech company enters its next phase of growth, with a renewed focus on artificial intelligence and employee benefits. 

YuLife appoints Tal Gilbert as CEO to drive AI growth

London-based InsurTech YuLife has appointed Tal Gilbert as chief executive officer as the InsurTech company enters its next phase of growth, with a renewed...
New York-based InsurTech WithCoverage has raised $42m in a Series B funding round as it looks to challenge traditional, commission-based insurance brokerage models for fast-growing businesses.

AI InsurTech WithCoverage bags $42m Series B funding

New York-based InsurTech WithCoverage has raised $42m in a Series B funding round as it looks to challenge traditional, commission-based insurance brokerage models for...
Optalitix has entered into a strategic partnership with Dutch managing general agent Intermont to modernise its pricing and underwriting operations and support the MGA’s digital transformation.

Optalitix partners with Intermont to digitise underwriting

Optalitix has entered into a strategic partnership with Dutch managing general agent Intermont to modernise its pricing and underwriting operations and support the MGA’s...
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News Stories

Building a strong pricing model remains a core responsibility for actuarial teams, but creating an accurate model is only the beginning. Before pricing changes can generate measurable business value, they must navigate data pipelines, product requirements, governance reviews, IT systems and deployment workflows. Increasingly, that journey involves far more than actuaries alone.

Why insurers risk delays when pricing teams work in silos

Building a strong pricing model remains a core responsibility for actuarial teams, but creating an accurate model is only the beginning. Before pricing changes...
Auto lenders are being forced to rethink long-standing pricing strategies as affordability concerns, rising portfolio risks and intensifying competition reshape the lending landscape, according to Earnix.

Why traditional auto lending pricing is reaching its limits

Auto lenders are being forced to rethink long-standing pricing strategies as affordability concerns, rising portfolio risks and intensifying competition reshape the lending landscape, according...
Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech's AI-powered telematics platform into the insurer's commercial motor business.

Admiral finalises Flock deal to expand telematics capability

Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech's AI-powered telematics platform into the insurer's commercial motor business. The...
Professional services firm WTW has launched a new workforce transformation offering designed to help organisations identify where artificial intelligence can deliver the greatest productivity gains and support wider adoption across the business.

WTW introduces AI workforce solution for business leaders

Professional services firm WTW has launched a new workforce transformation offering designed to help organisations identify where artificial intelligence can deliver the greatest productivity...
Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and broaden its product offering.

AI InsurTech Honeycomb secures $40m to fuel expansion

Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and...
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