FinTech News

AXA completes strategic deal with Neptune Flood to boost protections in the US

AXA XL has entered a strategic digital flood insurance program administrator Neptune Flood to expand the reach of flood insurance policies in the US.

Private equity firm Tailwind Capital acquires risk management platform Ventiv

Mid-market private equity firm Tailwind Capital has acquired Ventiv Technology, a global software provider of integrated risk management solutions.

Root Insurance closes Series E valuing it at $3.65bn

Root Insurance, a property casualty InsurTech, has closed its Series E funding round on $523m, valuing it at $3.65bn.

TNEDICCA collects $750,000 to support expansion of its platform and services

TNEDICCA, which provides location-based traffic crash intelligence for auto insurance, has netted $750,000 in capital funding.

Hong Kong Exchanges and Clearing signs MOU with Ping An to boost FinTech sector...

Hong Kong Exchanges and Clearing Limited (HKEX) has entered a memorandum of understanding (MoU) with Ping An Insurance to enhance the region’s financial market ecosystem.

China-based Leyue Health said to bag $16m in funding

Leyue Health, a technology platform which aims to improve the settlement of commercial insurance, has reportedly raised 115 yuan ($16m) in funding.

Root launches insurance services in California

InsurTech unicorn Root Insurance has launched its services into California, making its services now available to 60 per cent of the US population.

Minuto Seguros reveals it’s total venture funding reaches $60m

Brazil-based online insurance broker Minuto Seguros has revealed it has raised $60m in funding since 2011.

Tech Nation unveils the 23 startups joining its second FinTech growth programme

From SME finance and RegTech solutions to payments and impact retail investment, the 23 startups selected to take part of the second instalment of...

Tremor bags $10m in funding led by Anthemis Group

Tremor, a programmatic insurance and reinsurance risk transfer marketplace, has bagged $10m in new funding.

News Stories

How reinsurers can demonstrate AML effectiveness

The reinsurance markets in the Cayman Islands and Bermuda represent one of the offshore financial world’s genuine success stories. Capital flows into these jurisdictions on the back of regulatory credibility, and as the markets have grown, so too has regulatory scrutiny.
PremFina lands £100m funding boost from Waterfall

PremFina lands £100m funding boost from Waterfall

PremFina, the UK's fastest-growing insurance premium finance provider, has expanded its junior capital facility with Waterfall Asset Management to £100m, upsizing and extending the...
Cytora and VulnCheck partner to sharpen cyber underwriting

Cytora and VulnCheck partner to sharpen cyber underwriting

Commercial insurers are set to gain a sharper view of cyber risk at the point of underwriting, following a new partnership between Cytora, the...

MAIB selects FINEOS to modernise claims management

The Motor Accidents Insurance Board (MAIB) of Tasmania, a government business enterprise providing compulsory third-party personal injury insurance to Tasmanian motorists, has selected the...
Vertafore's Project Impact saves agencies two hours a day

Vertafore’s Project Impact saves agencies two hours a day

Vertafore, a North American InsurTech, has announced that its Project Impact initiative has delivered on its promise to return up to two hours per...
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