FinTech News

QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.

QBE NA launches specialised healthcare liability practice

QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.
As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.

Should insurers invest in becoming an IT organisation?

As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.
Aviva, a leading insurance provider, and RiskEye, a digital risk management specialist, have joined forces to enhance Aviva’s cyber insurance offering.

Aviva to enhance cyber insurance offering through new partnership

Aviva, a leading insurance provider, and RiskEye, a digital risk management specialist, have joined forces to enhance Aviva’s cyber insurance offering.
Kayna, an award-winning embedded insurance infrastructure platform, is set to optimise AEGIS London’s online quote and bind platform through a new partnership.

Kayna to optimise AEGIS London’s online quote and bind platform through new partnership

Kayna, an award-winning embedded insurance infrastructure platform, is set to optimise AEGIS London’s online quote and bind platform through a new partnership.
Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.

Arbol bags $60m in Series B funding to scale parametric insurance offering

Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.
Simplifai, a leading provider of AI-powered solutions, has announced the availability of a new product designed to streamline the claims processing workflow for insurance companies. 

Simplifai launches claims processing solution powered by InsuranceGPT

Simplifai, a leading provider of AI-powered solutions, has announced the availability of a new product designed to streamline the claims processing workflow for insurance companies. 
Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.

Insurance startup Urban Jungle set to announce $14.4m funding raise

Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.
Loadsure, an international InsurTech managing general agent (MGA) and Lloyd’s coverholder, has launched into the European market.

InsurTech MGA Loadsure enters European market

Loadsure, an international InsurTech managing general agent (MGA) and Lloyd’s coverholder, has launched into the European market.
Open, a global embedded insurance partner, has introduced a new travel insurance offering tailored to meet the diverse needs of individual travellers and travel providers.

Open introduces innovative travel insurance solution with instant claims technology

Open, a global embedded insurance partner, has introduced a new travel insurance offering tailored to meet the diverse needs of individual travellers and travel providers.
AF Group, a leading provider of innovative specialty insurance solutions nationwide, has announced the appointment of Kriss Barronton as its new chief operating officer (COO).

AF Group welcomes Kriss Barronton as COO

AF Group, a leading provider of innovative specialty insurance solutions nationwide, has announced the appointment of Kriss Barronton as its new chief operating officer (COO).

News Stories

Lockton, the world's largest privately-owned insurance brokerage, has announced the launch of Lockton Pulse, a groundbreaking digital insurance offering designed for SMEs and individuals across Australia.

Lockton launches digital insurance platform for SMEs in Australia

Lockton, the world's largest privately-owned insurance brokerage, has announced the launch of Lockton Pulse, a groundbreaking digital insurance offering designed for SMEs and individuals across Australia.
Adaptive Insurance has unveiled an innovative parametric insurance platform which aims to revolutionise how businesses manage and mitigate the risks associated with power outages.

Adaptive Insurance launches AI-driven GridProtect platform to tackle climate-related risks

Adaptive Insurance has unveiled an innovative parametric insurance platform which aims to revolutionise how businesses manage and mitigate the risks associated with power outages. The...
S-RM, has announced the appointment of Kelly McManus as the new global business development lead, insurance and legal, as part of its expanding cyber security offering.

S-RM appoints Kelly McManus as global business development lead for insurance and legal sectors

S-RM, has announced the appointment of Kelly McManus as the new global business development lead, insurance and legal, as part of its expanding cyber security offering.
Verisk has announced the U.S. launch of Whitespace, an all-in-one platform designed to transform operations for brokers, underwriters, and managing general agents (MGAs) in the global (re)insurance market.

Whitespace by Verisk debuts in the U.S. to revolutionise the E&S and specialty insurance...

Verisk has announced the U.S. launch of Whitespace, an all-in-one platform designed to transform operations for brokers, underwriters, and managing general agents (MGAs) in the global (re)insurance market.
Coalition, the world’s first Active Insurance provider focused on mitigating digital risks, has announced the appointment of Tine Simonsen as its new head of insurance for continental Europe.

Coalition appoints Tine Simonsen as head of insurance for continental Europe

Coalition, the world’s first Active Insurance provider focused on mitigating digital risks, has announced the appointment of Tine Simonsen as its new head of insurance for continental Europe.

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