FinTech News

New reinsurer Conduit seals London’s third biggest IPO this year, value exceeds £826m

Newly-launched reinsurer Conduit Holdings has made a strong start to its time as a listed business after seeing its share value rise above its initial 500 pence offering in its first day of trading.

AXA XL improves its claims process through Xtract partnership

AXA XL has signed a multi-year partnership and licensing agreement with data aggregation platform Xtract to transform its auto claims management process.

dacadoo launches new health engagement service for insurers

dacadoo, which builds digitalisation services for the healthcare space, has released a new digital health engagement platform to meet changing demands of insurance customers.

UPS Capital Insurance Agency deploys its insurance services to AscendTMS

UPS Capital Insurance Agency is making its shipping insurance coverage options available to small and medium-sized businesses through AscendTMS.

Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week

Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.

Over two fifths of health insurers still lack a consumer facing app

Only 42% of health insurers in Europe have a consumer facing app, despite the rising importance of digitalisation, according to a new whitepaper from Scanbot.

Novidea – the future of broking

To succeed, the broker of the future must transition into a consultancy role that provides an enhanced service and greater value to customers. This means embracing change through customer-centric, data-first technologies, according to leading broker platform provider Novidea.

Zywave acquires fellow InsurTech platform ITC to improve its sales cloud services

Insurance software developer Zywave has acquired Insurance Technologies Corporation (ITC), a provider of marketing, rating and management solutions for the insurance industry.

Hippo snaps up another $350m as the InsurTech industry seems to be reaching new...

Hippo is having a great 2020, having officially secured its unicorn status this summer and it now bagging a $350m investment just as the InsurTech industry seems to be recovering from a previous slump.

InsurTech100 company Novidea secures $15m Series B

Insurance software developer Novidea has closes its Series B round on $15m, as it looks to capitalise on its strong growth.

News Stories

Why “UK-hosted” cloud doesn’t mean what you think

Cloud computing has become a core function in modern finance and while many depend on it to store their sensitive data, they do not...
Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely used agency management systems in North America.

Quandri brings AI renewal automation to more North American agencies

Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely...
Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business.

Atrium deploys Sofix AI tool to streamline claims analysis

Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business. The deployment...
AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform.

Munich Re integrates Sixfold AI to streamline underwriting workflows

AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform. The integration enables...
Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client acquisition, compliance and underwriting processes.

Pelican Insured transforms broker workflows with nCino SmartBroker

Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client...
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