FinTech News

Tractable scored $25m in its Series C round as it eyes new markets

Tractable, which develops AI solutions for accident and disaster recovery, has collected $25m in its Series C round which was led by Georgian Partners.

Aventus collects £2.6m in its funding round to help scale operations

Aventus, a B2B digital insurance platform, has collected £2.6m in its funding round which will be used to scale up the business.

Covered Insurance Solutions receives a strategic investment

Digital agency Covered Insurance Solutions has received a strategic investment from Radian Group, a provider of mortgage insurance and other related services.

Foxquilt continues Canadian expansion efforts

Foxquilt, which builds communities to improve insurance experiences, has released its services in more Canadian states as part of its 2020 expansion plan.

Zurich Insurance releases new cyber insurance solution with CYE

Zurich Insurance Group has established a new cyber protection offering in partnership with cybersecurity firm CYE.

Digital Risks collects $10.4m in round led by BHL

Digital Risks, an online insurance service, has collected $10.4m in its funding round led by BHL Holdings.

CPP Group to launch cyber insurance with Gallagher

CPP Group has partnered with insurance broker Arthur J Gallagher & Co to release a new cyber insurance product for small businesses.

Carrot Insurance under fire after drivers were threatened with car insurance cancellations due to...

Young drivers and an MP are putting pressure on Carrot Insurance after its app failed to accurately measure people’s driving and threatened to cancel their insurance as a result, according to the BBC.

Collective Benefits bags £3.3m as it eyes new product releases

Collective Benefits, which helps the self-employed access tailored insurance policies, has bagged £3.3m in its funding round.

Acturis partners with QOMPLX:UNDERWRITING

InsurTech software builder Acturis has partnered with QOMPLX:UNDERWRITING , a cybersecurity and data analytics platform.

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...
224931

60,000+ InsurTech leaders get exclusive insights delivered every week