FinTech News

Online investing, trading app business Wealthsimple gets Allianz backing in C$100m investment

Allianz Group has used its digital investment unit Allianz X to take part in a C$100m investment in online investing service and trading app provider Wealthsimple.

Dawex secures ?5m funding to support growth in US and Europe

Data exchange platform Dawex has secured ?5m in its latest funding round which will support its development in Europe and the US.

Noro-Moseley bags $180m for Fund VIII final close

Noro-Moseley Partners has raised $180m for final close of its eighth private equity fund, as it continues its investment strategy of backing American businesses in the IT and healthcare sectors.

On-demand insurance platform VOOM launches from stealth after $2m Series A

On-demand insurance platform VOOM has exited from stealth and closed a $5m Series A funding round.

AnaCap Financial buys majority stake in health insurance platform SundhedsGruppen

European private equity firm AnaCap Financial Partners has bought a majority stake in SundhedsGruppen A/S, a digital health insurance platform.

Snapsheet bags $29m in its Series E to support growth of analytical capabilities

Virtual claims solution Snapsheet has closed its Series E funding round on $29m to support the advancement of analytical capabilities.

Finantix names Tim Wood as its chief financial officer to support international growth

Finantix, a software builder for banking, wealth and insurance industries, has named Tim Wood as its new chief financial officer.

Setoo to provide travel insurance to Im group customers through new partnership

Setoo, a personalised insurance and protection platform, has partnered with Im group to supply its customers with greater travel insurance.

Docupace and Workplace partner to help improve the selection of insurance cyberseurity tools

Docupace and Workplace by OS33 have established a strategic partnership to combine their solutions and offer insurance firms greater cybersecurity and compliance utensils. Customers of...

Vertafore acquires VUE to improve distribution management

Digital insurance software provider Vertafore has acquired VUE Software to establish a more powerful insurance distribution management platform.

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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