FinTech News

Zurich UK has appointed Paul Norcott as its new UK operations director, the insurer announced on Monday.

Zurich UK names Paul Norcott as operations director

Zurich UK has appointed Paul Norcott as its new UK operations director, the insurer announced on Monday. In his new role, Norcott will oversee operations...
Manual onboarding can turn a simple process into weeks or even months of delay. Every day a producer waits to start selling represents lost revenue, increased risk of drop-off, and greater exposure to compliance issues. Traditional methods that rely on spreadsheets, email chains, and manual checks are slow and prone to error. These inefficiencies frustrate operations teams and slow the path to revenue.

Producer onboarding: a guide for quicker revenue

Manual onboarding can turn a simple process into weeks or even months of delay. Every day a producer waits to start selling represents lost...
Regulatory and financial obligations play a defining role in shaping how insurers approach loss reserve reporting, influencing both its structure and substance. These requirements leave limited flexibility, resulting in reporting outputs that often exist at opposite ends of the spectrum.

Why insurers struggle to turn loss reserve data into decisions

Regulatory and financial obligations play a defining role in shaping how insurers approach loss reserve reporting, influencing both its structure and substance. These requirements...
Prestige Underwriting, a specialist managing general agent, and Urban Jungle, a UK-based InsurTech, have announced a new partnership to deliver non-standard home insurance through Urban Jungle’s online platform.

Prestige Underwriting and Urban Jungle launch non-standard home insurance

Prestige Underwriting, a specialist managing general agent, and Urban Jungle, a UK-based InsurTech, have announced a new partnership to deliver non-standard home insurance through...
Orange Poland, one of the leading telecommunications providers in the Polish market, and bolttech, a global InsurTech, have launched a new digital insurance comparison service designed specifically for telecom customers.

Orange Poland teams up with bolttech to expand digital insurance access

Orange Poland, one of the leading telecommunications providers in the Polish market, and bolttech, a global InsurTech, have launched a new digital insurance comparison...
Citroën India has partnered with IndusInd General Insurance to transform the car ownership experience for its customers, offering greater convenience, protection, and digital-first support.

Citroën joins forces with IndusInd for digital car insurance

Citroën India has partnered with IndusInd General Insurance to transform the car ownership experience for its customers, offering greater convenience, protection, and digital-first support. The...
WTW, the global advisory, broking and solutions firm, has signed a definitive agreement to acquire Newfront, a San Francisco-based broker, in a deal valued at $1.3bn.

WTW to acquire San Fransisco broker Newfront in $1.3bn deal

WTW, the global advisory, broking and solutions firm, has signed a definitive agreement to acquire Newfront, a San Francisco-based broker, in a deal valued...
MOTER Technologies and Sonatus are partnering to bring advanced driver risk analytics directly into vehicles, bypassing traditional telematics tools such as smartphone apps and plug-in dongles.

MOTER and Sonatus to transform auto insurance with AI

MOTER Technologies and Sonatus are partnering to bring advanced driver risk analytics directly into vehicles, bypassing traditional telematics tools such as smartphone apps and...
Wakam UK Ltd, a digital insurer serving MGAs, brokers and the embedded insurance market, has partnered with Vitesse to overhaul how claims funds are managed across its UK and European operations.

Wakam UK adopts Vitesse platform to streamline claims payments

Wakam UK Ltd, a digital insurer serving MGAs, brokers and the embedded insurance market, has partnered with Vitesse to overhaul how claims funds are...
video

What is the current state of risk in the finance and insurance sector?

FinTech Global recently sat down for an interview with Dun & Bradstreet, a US-based provider of commercial data, analytics, and insights for businesses, to find out how financial services and insurance companies are navigating risk in an age of AI, fraud and uncertainty.
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News Stories

Building a strong pricing model remains a core responsibility for actuarial teams, but creating an accurate model is only the beginning. Before pricing changes can generate measurable business value, they must navigate data pipelines, product requirements, governance reviews, IT systems and deployment workflows. Increasingly, that journey involves far more than actuaries alone.

Why insurers risk delays when pricing teams work in silos

Building a strong pricing model remains a core responsibility for actuarial teams, but creating an accurate model is only the beginning. Before pricing changes...
Auto lenders are being forced to rethink long-standing pricing strategies as affordability concerns, rising portfolio risks and intensifying competition reshape the lending landscape, according to Earnix.

Why traditional auto lending pricing is reaching its limits

Auto lenders are being forced to rethink long-standing pricing strategies as affordability concerns, rising portfolio risks and intensifying competition reshape the lending landscape, according...
Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech's AI-powered telematics platform into the insurer's commercial motor business.

Admiral finalises Flock deal to expand telematics capability

Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech's AI-powered telematics platform into the insurer's commercial motor business. The...
Professional services firm WTW has launched a new workforce transformation offering designed to help organisations identify where artificial intelligence can deliver the greatest productivity gains and support wider adoption across the business.

WTW introduces AI workforce solution for business leaders

Professional services firm WTW has launched a new workforce transformation offering designed to help organisations identify where artificial intelligence can deliver the greatest productivity...
Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and broaden its product offering.

AI InsurTech Honeycomb secures $40m to fuel expansion

Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and...
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