FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...
The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.
Neptune Flood launches in another three US states
Neptune Flood, an online flood insurance company, has launched its services in Arkansas, Idaho and Illinois, making its solution now available in 42 US states.
Hi Marley said to raise $8m in new round
Insurance chatbot Hi Marley has reportedly secured $8m in a new funding round, according to a new US Securities and Exchange filing,
Coterie collects $8.5m in oversubscribed Series A round
Coterie, an API solution developer for the commercial insurance industy, has collected $8.5m in its oversubscribed Series A round.
Zego to offer drivers free 14-day cover for coronavirus cases
Digital insurance platform Zego is now offerings customers who have been forced to self-isolate due to coronavirus with up to 14 days of free cover.
Urban Jungle to offer content insurance to Canopy users
Pay-as-you-go contents insurance provider Urban Jungle has reportedly teamed up with digital renting platform Canopy.
The deal sees Urban Jungle offer tenant insurance policies to...
The British FCA expects insurers to be compassionate and fair to consumers during the...
As everyone from challenger banks to regulators are dealing with the global COVID-19 outbreak, the UK’s financial watchdog has given insurance companies a clear indication how they should conduct themselves during the crisis.
CyberCube extends Series B round to hit $40m
CyberCube, which offers risk modelling and underwriting applications, has extended its Series B round with a new investment from MTech Capital.
AMTD Digital said to be acquiring controlling stake in PolicyPal
AMTD Digital is reportedly set to acquire a controlling stake in PolicyPal, an InsurTech startup which helps consumers buy, manage and claim.
FSB tells South Africa’s authorities to do more to secure financial stability
South Africa’s new bank resolution and deposit insurance measures are welcome, but more needs to be done to ensure financial stability in the country, according to a new report from the Financial Stability Board (FSB).
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