FinTech News

Blink Parametric launches new travel insurance solution Blink Luggage in the midst of COVID-19

Despite the coronavirus having wreaked havoc on the travel industry, InsurTech Blink Parametric has unveiled a new solution for weary travellers.

Insurance Authority extends coronavirus rules

Hong Kong's Insurance Authority has extended its temporary Covid-19 facilities for non-face-to-face distribution of some insurance products.

Italy’s Neosurance said to raise €1.1m in funding

Italian InsurTech startup Neosurance, which helps consumers find the right policy, has reportedly bagged €1.1m in a round.

Avo Insurance teams up with investment manager Two Sigma to boost its InsurTech efforts

Hong Kong-based InsurTech company Avo Insurance has signed a partnership with investment management firm Two Sigma.

CoverFox said to raise round which values the business at $227m

Digital insurance broker CoverFox has reportedly raised INR 300m ($3.9m) in a funding round which values the InsurTech at around INR 17.3bn ($227.1m).

Corvus Insurance offers free cyber risk reports to hospitals and organisations on the frontlines...

COVID-19 has not only caused major disruption into people’s lives and in the markets, but has also raised the risk of hack attacks. Now, Corvus Insurance hopes to help.

Kin Insurance to leverage Cape Analytics software to improve insurance

Home insurance platform Kin Insurance will leverage Cape Analytics’ geospatial property intelligence to improve policies for consumers, as part of a new agreement.

Greater Than unveils new AI-powered car insurance platform

The Swedish InsurTech company Greater Than has launched its new AI-based platform, which caters to all types of cars, auto insurers, fleets, and car manufacturers.

InsurTech startup honcho closes £1.2m round supported by crowdfunding and established investors

UK-based startup honcho has closed another successful round by combining crowdfunding and the backing of established investors such as Insurtech Gateway, Business Durham and the North East Development Capital Fund.

Lloyd’s Lab has picked 12 startups for its InsurTech accelerator programme

Building on its reputation of nurturing successful startups in the InsurTech space, Lloyd’s Lab has now picked the fourth batch for its accelerator programme.

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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