FinTech News

Comarch has been enlisted by P&V Group to bolster the company's digital insurance solutions as part of their continued collaboration.

P&V Group partners with Comarch for enhanced digital insurance solutions

Comarch has been enlisted by P&V Group to bolster the company's digital insurance solutions as part of their continued collaboration.
Gain an edge in pricing decision intelligence with hx Renew's specialist API Exam

Gain an edge in pricing decision intelligence with hx Renew’s specialist API Exam

Nearly one year ago, hyperexponential launched a certification programme, beginning with the "Core Model Developer Exam." The initiative has been warmly received, with certificates and badges being awarded quarterly. The enthusiasm for this achievement is visible, with many sharing their hx Renew certificates on LinkedIn, celebrating their success.
In the realm of insurance, the claims process stands as a pivotal point in shaping overall customer satisfaction. Simplifai explores this process from the handlers’ perspective to give valuable insights into how to improve it across various insurance lines and regions.

Transforming customer experience in insurance claims handling

In the realm of insurance, the claims process stands as a pivotal point in shaping overall customer satisfaction. Simplifai explores this process from the handlers’ perspective to give valuable insights into how to improve it across various insurance lines and regions.
Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix to elevate real-time benefits administration. 

Pacific Life and Selerix join forces for real-time benefits administration

Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix to elevate real-time benefits administration. 
Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.

Arch Insurance names new deputy CEO

Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.
Trustmark National Bank has agreed to sell its wholly owned subsidiary, Fisher Brown Bottrell Insurance, Inc. (FBBINSURANCE), to Marsh & McLennan for $345m in cash.

Trustmark National Bank sells Fisher Brown Bottrell Insurance to Marsh & McLennan Agency for...

Trustmark National Bank has agreed to sell its wholly owned subsidiary, Fisher Brown Bottrell Insurance, Inc. (FBBINSURANCE), to Marsh & McLennan for $345m in cash.
PCF Insurance Services, a prominent U.S. insurance brokerage, has successfully secured $400m in incremental debt financing.

PCF Insurance Services secures $400m debt financing led by Blue Owl

PCF Insurance Services, a prominent U.S. insurance brokerage, has successfully secured $400m in incremental debt financing.
Swisscom, a leading telecommunications provider in Switzerland, now expanding its services into the insurance sector with Sure.

Swisscom expands its services into insurance sector with Sure

Swisscom, a leading telecommunications provider in Switzerland, now expanding its services into the insurance sector with Sure.
Cowbell, a leading provider of cyber insurance for SMEs, has introduced a new generative AI solution aimed at optimising underwriting workflows.

Cowbell introduces GenAI solution to optimise underwriting workflows

Cowbell, a leading provider of cyber insurance for SMEs, has introduced a new generative AI solution aimed at optimising underwriting workflows.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
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Starwind Specialty Insurance Services, a subsidiary of TIH, has partnered with Stone Point Credit to launch Fractal Re, a newly formed collateralised reinsurer.

Starwind partners with Stone Point Credit to launch $270m reinsurer Fractal Re

Starwind Specialty Insurance Services, a subsidiary of TIH, has partnered with Stone Point Credit to launch Fractal Re, a newly formed collateralised reinsurer.
US-based InsurTech managing general agent, Ledgebrook, has secured $17m in a Series B funding round.

US InsurTech Ledgebrook secures $17m Series B to accelerate growth

US-based InsurTech managing general agent, Ledgebrook, has secured $17m in a Series B funding round.
Rising delinquencies across all consumer lending lines have become a significant concern, as highlighted by the Q2 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion. This uptick in defaults, alongside intensifying competition, shrinking profit margins, and increasing financial pressures, is pushing lenders to reassess their pricing and credit risk strategies. 

How Earnix is transforming consumer lending

Rising delinquencies across all consumer lending lines have become a significant concern, as highlighted by the Q2 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion. This uptick in defaults, alongside intensifying competition, shrinking profit margins, and increasing financial pressures, is pushing lenders to reassess their pricing and credit risk strategies. 
California leads US InsurTech market in H1 2024 as deals drop 60% YoY

California retained top spot as US InsurTech deals and investments plummeted in H1

California retained top spot as US InsurTech deals and investments plummeted in H1 Key US InsurTech investment stats in H1 2024: US InsurTech deal activity...
In today’s dynamic retail environment, acquiring new customers is more challenging and essential than ever. Simply increasing spending isn’t enough—success depends on balancing customer growth with effective cost management. Zurich-based technlogy firm dacadoo delves into seven strategies that can help retailers achieve this balance while keeping Customer Acquisition Costs (CAC) in check.

7 effective strategies for retail customer acquisition

In today’s dynamic retail environment, acquiring new customers is more challenging and essential than ever. Simply increasing spending isn’t enough—success depends on balancing customer growth with effective cost management. Zurich-based technlogy firm dacadoo delves into seven strategies that can help retailers achieve this balance while keeping Customer Acquisition Costs (CAC) in check.
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