FinTech News

AXA brings in Procore to improve project risk management in construction

Project management software developer Procore has teamed up with AXA XL's North America Construction insurance business to help contractors increase productivity and project risk management.

InsurTech startup Huddle said to raise $3.1m in its funding round

Online insurance platform Huddle has reportedly netted $3.1m in its funding round, which was led by AirTree Ventures.

Cybersecurity and InsurTech startups behind many of the 27 rounds raised last week

Of the 26 FinTech companies to raise rounds in the last seven days, cybersecurity and InsurTech companies enjoyed the most cash injections.

Origami Risk partners with Gradient to offer customers with claims and pricing tools

Risk and insurance SaaS company Origami Risk has established a strategic partnership with Gradient, which will give its customers access to claims and policy modelling capabilities.

Kin Insurance closes $35m Series B as it looks to expand across the US

Home insurance platform Kin Insurance has closed its Series B round on $35m, which was led by Commerce Ventures.

High Definition Vehicle Insurance pulls in $16m Series A

Commercial auto insurance startup High Definition Vehicle Insurance (HDVI) has netted $16m in its Series A round.

Spin Technology releases cyber liability insurance product

Spin Technology has released a cyber liability insurance service to help companies cope with the rising threats online.

Bambi Dynamic bags $6m to bolster its mobility insurance offering

On the back of its new funding round, InsurTech Bambi Dynamic wants to update car insurance for a modern world where ownership might be a thing of the past.

Payments company Vitesse nets £6.6m in its Series A

Cross-border B2B payments company Vitesse has netted £6.6m in its Series A round , which was led by Octopus Ventures.

InsurTech the Demex Group bags $4.2m in seed funding

Climate risk InsurTech the Demex Group has secured $4.2m in a seed funding round led by Anthemis and IA Capital Group.

News Stories

How Dutch insurers can govern Wtp without rebuilding systems

How Dutch insurers can govern Wtp without rebuilding systems

The most significant reform to the Dutch pension system in recent memory — the Wet toekomst pensioenen (Wtp) — has entered its decisive phase....
In Quentin Tarantino’s 1994 cult classic Pulp Fiction, when a situation deteriorates beyond control, everyone knows you call The Wolf. Arriving without the slightest hint of panic, he surveys the damage with practised calm and begins issuing instructions. Within minutes, chaos has been reduced to a sequence of manageable decisions. Insurance has long relied on people capable of performing a similar role. Actuaries are the professionals insurers turn to when risk becomes too complex for instinct alone.

The evolving role of actuaries in the age of AI

In Quentin Tarantino’s 1994 cult classic Pulp Fiction, when a situation deteriorates beyond control, everyone knows you call The Wolf. Arriving without the slightest...
Akur8, the AI-driven actuarial platform, has been selected by Occident, one of Spain’s leading insurance groups, to enhance pricing capabilities across its non-life business lines.

Akur8 partners with Occident on AI-driven pricing transformation

Akur8, the AI-driven actuarial platform, has been selected by Occident, one of Spain’s leading insurance groups, to enhance pricing capabilities across its non-life business...
Pan-American Life Insurance Group (PALIG) has launched an online claims submission portal for life insurance beneficiaries as part of its digital transformation strategy.

PALIG launches life claims portal in partnership with Swiss Re

Pan-American Life Insurance Group (PALIG) has launched an online claims submission portal for life insurance beneficiaries as part of its digital transformation strategy. Developed in...
AI underwriting platform Kalepa has appointed Audrey Howell as Head of Product to lead product strategy and innovation across its insurance technology platform.

Kalepa hires former Palantir leader as product chief

AI underwriting platform Kalepa has appointed Audrey Howell as Head of Product to lead product strategy and innovation across its insurance technology platform. In the...
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