FinTech News

FCA Bank teams up with Yolo to support digital insurance services

FCA Bank, a ban dedicated to motorists, has teamed up with InsurTech platform Yolo to launch a digital insurance products through a newly-launched dedicated online platform.

Global cyber insurance market’s revenue expected to reach $70.67bn in 2030

The global cyber insurance market's revenue is expected to grow at a massive 26.3% compound annual growth rate in the next ten years to reach $70.67bn in 2030.

Sofia said to close $19m Series A round led by Index Ventures

Sofia, a telemedicine and insurance startup, has reportedly received $19m in its Series A investment round.

Healthy lifestyle reward platform Paceline scores $5m in its seed round

Paceline, which offers financial benefits for health living, has scored $5m in its seed round, which was co-led by Montage Ventures and Propel Venture Partners.

Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?

Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.

Property insurance underwriting platform Flyreel soars to $10m Series A close

Flyreel, an AI-powered residential and commercial property insurance service, has closed its Series A round on $10m.

Omniscience launches new tool for customer intelligence

Omniscience, life insurance automation software, has released a new customer intelligence service to improve underwriting decisions.

InsurTech platform HOVER scores $60m in its Series D

HOVER, an end-to-end platform for improvement and property insurance professionals, has closed its Series D on $60m.

Blink launches tool to help SMEs get liquidity in the immediate aftermath of a...

Irish InsurTech Blink has released its new service, which will provide liquidity to small and medium-sized businesses in the immediate aftermath of an insured event, such as a hurricane.

How firms can maintain their digital ecosystems

Digital ecosystems have a plethora of benefits to helping a business grow and stay ahead in innovation, but they are not always easy to maintain.

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...
224931

60,000+ InsurTech leaders get exclusive insights delivered every week