FinTech News

InsurTech startup Fenris receives funding from CIT

Fenris, which helps streamlines and modernises the process of quoting insurance products, has received an investment from the Center for Innovative Technology (CIT).

Insurity deploys newly acquired geospatial solution to Lockton Re

Insurity, a core system solution developer and data analytics platform, is deploying its newly acquired geospatial analytics solution into reinsurance firm Lockton Re.

The coronavirus represents a “return to chaos” that could benefit FinTech companies

COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.

Zego extends partnership with RSA Insurance to cover van fleets

InsurTech platform Zego has extended its partnership with RSA Insurance to offer adaptable protection for van fleets.

Xceedance teams up with Xemplar Insights to help insurers

Xceedance, a consulting and managed service provider for insurers, has formed a strategic partnership with Xemplar Insights to offer mobile-based InsurTech solutions to global property and casualty insurance markets.

Verteva said to close AUS $33m Series A round

Australia-based lending platform Verteva has reportedly collected AUS $33m ($21m) in a Series A investment.

CyberCube launches new tool to help brokers improve their cyber insurance offerings

CyberCube, a cyber risk analytics platform, has released a new software-as-a-service (SaaS) application to help insurance brokers.

Clyde closes $14m Series A to boost growth in the market

Clyde, which offers extended warranties and accident protection, has secured $14m in its Series A round to support its growth in the market.

Shift Technology forms partnership with Snapsheet to support anti-fraud efforts

AI-fraud detection solution Shift Technology will help identify suspicious claims for users of Snapsheet, a claims management technology platform.

Tractable to help Tokio Marine improve auto claims through new deal

Tractable will deploy its AI solution to help Japan’s property and casualty insurance firm Tokio Marine improve auto claims, through a new partnership.

News Stories

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...
PolicyStreet has secured $21m in the first close of its Series C round as the Malaysian InsurTech scales its embedded insurance platform across Asia.

Malaysian InsurTech PolicyStreet bags $21m

PolicyStreet has secured $21m in the first close of its Series C round as the Malaysian InsurTech scales its embedded insurance platform across Asia. The...
AI platform Cara has raised $8m in seed funding to help insurance brokerages automate sales and servicing workflows.

Cara raises $8m to scale AI infrastructure for brokers

AI platform Cara has raised $8m in seed funding to help insurance brokerages automate sales and servicing workflows. The round was led by Kearny Jackson,...
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