FinTech News

San Francisco-based InsurTech Kover.ai closes $1.5m seed round

Kover.ai, a San Francisco-based insurance startup, has closed its seed round on $1.5m.

Applied Systems acquires insurance CRM developer TechCanary

Applied Systems, a cloud-based software developer for insurance firms, has acquired insurance customer relationship management (CRM) system TechCanary.

Zurich Insurance, CoverWallet partner to launch SME insurance platform in Switzerland

Zurich Insurance Group has teamed with CoverWallet to launch a new SME insurance platform in Switzerland.

Bewica launches new cyber insurance tools for brokers and intemediaries

Cyber insurance MGA Bewica has released a set of tools to help brokers and intermediaries looking to move into the SME cyber insurance space.

Labelbox pulls in $10m for Series A round

Labelbox, a machine learning application platform, has pulled in £10m for its Series A funding round.

Wrisk raises £779,000, surpassing its crowdfunding target

Mobile InsurTech platform Wrisk has exceeded the £750,000 funding target on its latest crowdfunding campaign.

Renewable energy insurance company Energetic Insurance closes $2.5m seed round

Energetic Insurance has held the close of a $2.5m seed investment round, and also established a partnership with SCOR to launch the EneRate Credit Cover policy.

HUK-COBURG partners with Cambridge Mobile Telematics to lower insurance premiums for safe drivers

Germany-based auto insurer HUK-COBURG has partnered with Cambridge Mobile Telematics to launch a new safe-driving insurance product. Telematik Plus will replace HUK-COBURG’s existing telematics offering...

Jet Insurance Services launches in the US

Sacramento-based Jet Insurance Services has launched its services, providing bonds and insurance to businesses.

FinTech investor Core Innovation Capital confirms $100m Fund III goal

FinTech venture capital investor Core Innovation Capital has confirmed it is eyeing up to $100m for its third foray into the fundraising market.

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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