FinTech News

France-based health InsurTech Alan closes €50m Series C

Alan online health insurance provider has secured €50m in its Series C round, to support the opening of two new European offices.

23 FinTech investment rounds to make the news over the past seven days

Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.

The global InsurTech market to be worth $10.14bn by 2025 as traditional insurers embrace...

In 2019, the global InsurTech market was valued at $5.48bn. Now, new research has suggested that figure could jump to $10.14bn by 2025, representing a compound annual growth rate of 10.8%.

OneDegree becomes Hong Kong’s first licensed fully digital insurer

Digital insurance platform OneDegree has reportedly become the first company to receive a virtual insurance license from the Hong Kong Insurance Authority.

Tide teams up with Hokodo to protect invoice payments

SME bank Tide has teamed up with InsurTech platform Hokodo to release the Invoice Protection service.

BlockClaim rebrands after closing its second seed round

Insurance claims platform Sprout.ai has rebranded from BlockClaim alongside the close of its second seed round.

Data platform Clareto partners with Diameter Health

Clareto, which acquires electronic health data for insurance underwriting, has partnered with clinical data normalisation platform Diameter Health.

Parsyl launches insurance service after closing Series A round

Parsyl, a supply chain data platform, has collected $15m in a new funding round which coincides with the launch of its new insurance product.

Zetta Venture Partners has raised a $180m to keep supporting AI-powered startups like Tractable

Having already backed InsurTech startup Tractable, Zetta Venture Partners is looking for more AI-powered ventures to support with its new $180m fund.

HSA Bank forms a partnership with Jellyvision

HSA Bank has formed a partnership with financial advice platform Jellyvision to help create a new Health Savings Account (HSA) product.

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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