FinTech News

Employee health insurance app yulife bags $10m Series A

Life insurance startup yulife has closed its Series A round on $10m to support its ability to reward policyholders for living healthy.

Tax software provider Sovos completes two acquisitions

Global tax software provider Sovos has acquired e-invoicing solution Foriba and tax solution Eagle Technology Management (ETM).

Risk management solution Reg UK nets ?2.4m in funding

London-based Reg UK, a provider of data analytics and risk management solutions, has netted ?2.4m in funding from Disruptive Capital Finance.

FinTech backer Pilot Growth pulls in $45m to close second fund

Tech-focused growth investor Pilot Growth Management, which uses AI to help source its investments, has pulled in $45m for the final close of its second fund.

Insurance data company Betterview closes Series A on $4.5m

InsurTech 100 company Betterview has closed its Series A round on $4.5m, bringing its total funding up to $10m.

Blockchain-based insurance solution B3i closes investment from SBI Group

B3i, which offers distributed ledger technology for the insurance space, has received an undisclosed investment from SBI Group.

Insurers need to move away from just a contract and provide a real service

Building an on-demand insurance solution which provides a service rather than a ‘contract’ is how the space will evolve, according to a panel at the Global InsurTech Summit 2019.

Los Angeles’ Fika Ventures raises $76m for sophomore fundraise

LA-based VC Fika Ventures has raised $76m for its second seed fund, just over two years after the final close of its maiden fund.

SE2 becomes majority shareholder of Life.io following new deal

Life.io, a life insurance platform which rewards healthy behaviour, has received an increased investment from SE2.

OneDegree extends Series A to surpass $30m

Hong Kong-based digital health insurance startup OneDegree has extended its Series A round to surpass $30m.

News Stories

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early customer interest. Yet maintaining engagement over time remains a persistent challenge.

Why life insurers struggle to sustain wellness programme engagement

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early...
INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within a single policy in real time.

INSTANDA introduces MAX to scale commercial underwriting with AI

INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility.

Talanx lands €1bn through dual bond issuance

Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility. The financing consists...
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...
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