FinTech News

Across the insurance industry, pricing remains one of the last major functions to fully modernise. While data volumes have grown and analytical techniques have advanced, many insurers still rely on spreadsheet-heavy workflows, fragmented models and manual processes that slow decision-making and limit visibility. As competition intensifies and margins tighten, these legacy approaches are increasingly becoming a barrier to growth.

How Akur8 is reshaping insurance pricing at James River

Across the insurance industry, pricing remains one of the last major functions to fully modernise. While data volumes have grown and analytical techniques have...
Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m.

Defaqto boosts UK insurance data with £11m acquisition

Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m. The move is set to significantly...
Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against generative AI risks.

AI InsurTech Armilla AI secures $25m funding round

Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against...
Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection and verification, used by over 2,500 property and casualty insurance agents nationwide.

InsurGrid joins Helium Ventures to transform P&C insurance

Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection...
Root Platform, Admiral Pioneer and Octopus Electric Vehicles have joined forces to embed motor insurance directly into the electric vehicle leasing journey.

Octopus EV teams up with Root and Admiral Pioneer on motor cover

Root Platform, Admiral Pioneer and Octopus Electric Vehicles have joined forces to embed motor insurance directly into the electric vehicle leasing journey. The partnership has...
Zinnia, a life insurance and annuity (L&A) technology provider, and Snowflake, the AI Data Cloud company, have announced a new integration designed to transform how insurers access, analyse and activate data.

Zinnia partners with Snowflake to power AI-driven insurance analytics

Zinnia, a life insurance and annuity (L&A) technology provider, and Snowflake, the AI Data Cloud company, have announced a new integration designed to transform...
XBuild, a construction-tech startup, with an AI-native estimating and proposal platform for contractors and insurers, focused initially on residential roofing and insurance restoration work, has raised $19m in Series A funding.

XBuild raises $19m to streamline insurance estimates

XBuild, a construction-tech startup, with an AI-native estimating and proposal platform for contractors and insurers, focused initially on residential roofing and insurance restoration work,...
MAPFRE, a global insurance group, and Carrefour Spain, the Spanish arm of the multinational retail giant Carrefour, have announced an exclusive distribution agreement aimed at integrating insurance products directly into the retail checkout experience.

MAPFRE joins Carrefour Spain to transform retail insurance

MAPFRE, a global insurance group, and Carrefour Spain, the Spanish arm of the multinational retail giant Carrefour, have announced an exclusive distribution agreement aimed...
Ardonagh Europe, a large insurance distribution and underwriting group, has announced the launch of Orvia Underwriting, a new pan-European Managing General Agent (MGA) platform.

Ardonagh Europe unveils pan-European MGA Orvia

Ardonagh Europe, a large insurance distribution and underwriting group, has announced the launch of Orvia Underwriting, a new pan-European Managing General Agent (MGA) platform. The...
Lemonade, a digital insurance company powered by AI and social impact, has announced the launch of Lemonade Autonomous Car insurance, a new product designed specifically for self-driving vehicles, beginning with Tesla Full Self-Driving (FSD).

Lemonade unveils autonomous car insurance for Tesla FSD

Lemonade, a digital insurance company, has announced the launch of Lemonade Autonomous Car insurance, a new product designed specifically for self-driving vehicles, beginning with...

News Stories

Feathery’s $30m raise targets insurance workflow gaps

Feathery’s $30m raise targets insurance workflow gaps

Feathery, an AI operating and decisioning platform serving insurance carriers, brokers and wealth firms, has secured $30m in total funding as it expands its...
Blue Zebra extends QBE partnership to bolster motor offering

Blue Zebra extends QBE partnership to bolster motor offering

Blue Zebra, the Australian InsurTech underwriting agency, has strengthened its motor proposition through a renewed multi-year capacity agreement with QBE and a series of...
Corgi unveils Golden, a sports insurance vertical

Corgi unveils Golden, a sports insurance vertical

Corgi Insurance, the AI-native InsurTech, has unveiled Golden by Corgi, a new vertical dedicated to serving sports and entertainment organisations, including leagues, federations, clubs,...
One Inc expands insurance payments through CalcFocus partnership

One Inc expands insurance payments through CalcFocus partnership

One Inc, a digital payments network for the insurance industry, has entered a partnership with policy administration provider CalcFocus to support life insurers in...
PremFina expands funding base with £400m Lloyds facility

PremFina expands funding base with £400m Lloyds facility

PremFina, the UK-based insurance premium finance provider, has secured a £400m senior debt facility from Lloyds as it expands its funding capacity to support...
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