FinTech News

Berkshire Hathaway picks CLARA to improve compensation claims

Berkshire Hathaway Homestate Companies has selected CLARA analytics, an AI solution developer for the insurance space, to improve its compensation claims operations.

Insurify bags $23m in its Series A round

Insurify, an AI-powered insurance comparison platform, is moving into home, renters and life insurance comparison after raising $23m in its Series A

Cape Analytics secures funding from State Farm Ventures

Geospatial property data company Cape Analytics has secured an investment from State Farm Ventures.

Why German Getsafe dared to launch in the UK just days ahead of Brexit

Brexit has caused a lot of uncertainty for FinTech firms. However, those worries have not stopped Getsafe from venturing into Britain.

Consumer experience platform Zipari bags $22.5m in Series B

Zipari, a consumer experience platform for the health insurance space, has bagged $22.5m in a Series B round.

Hiscox to improve insights into cyber risk following new deal

Specialist Insurance firm Hiscox has integrated the cyber risk analytics services of CyberCube to improve its insights into potential systemic cyber risk.

honcho surges past crowdfunding target

honcho, which operates a reverse auction marketplace for financial services, has surpassed its ?700,000 crowdfunding target.

ePayPolicy secures “significant” investment

ePayPolicy, an electronic payment processing company, has secured a “significant” investment from US-based private equity firm Serent Capital.

SIMON Markets to extend its InsurTech platform after new deal

SIMON Markets is enhancing its InsurTech platform following a new partnership with Great American Life Insurance Company.

Insurity acquires fellow InsurTech platform SpatialKey

Data analytics platform for insurance brokers Insurity has acquired SpatialKey, a geospatial analytics and data enrichment hub, for an undisclosed amount.

News Stories

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to support a new end-to-end approach spanning underwriting, claims and mid-term policy adjustments.

Covéa adopts Shift AI to unify underwriting and claims risk

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
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...
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