FinTech News

Insurance compliance teams have long relied on rules-based monitoring as the cornerstone of anti-money laundering (AML) programmes. Fixed thresholds and predefined alerts offer simplicity and auditability, but as financial crime becomes more complex, this approach is increasingly insufficient, according to SymphonyAI. 

How can insurance firms stop financial crime effectively?

Insurance compliance teams have long relied on rules-based monitoring as the cornerstone of anti-money laundering (AML) programmes. Fixed thresholds and predefined alerts offer simplicity...
Akur8, a next-generation insurance pricing and reserving solution, has been selected by Branch, an innovative insurance company leveraging data, technology, and automation, to transform its actuarial workflows.

Akur8 selected by Branch to modernise actuarial pricing

Akur8, a next-generation insurance pricing and reserving solution, has been selected by Branch, an innovative insurance company leveraging data, technology, and automation, to transform...
dacadoo, a digital health engagement company, has partnered with Specialist Direct, a digital health solutions subsidiary of Swisstec, to provide a holistic health experience that supports users from initial recovery through sustained wellbeing.

dacadoo and Specialist Direct partner to transform digital health

dacadoo, a digital health engagement company, has partnered with Specialist Direct, a digital health solutions subsidiary of Swisstec, to provide a holistic health experience...
ZestyAI, a leading provider of AI-driven property risk analytics, has announced a partnership with Brava Roof Tile, a provider of premium synthetic roofing solutions, to validate the performance of its roofing systems in real-world storm conditions.

ZestyAI brings data-driven roof analytics to Brava Roof Tile

ZestyAI, a leading provider of AI-driven property risk analytics, has announced a partnership with Brava Roof Tile, a provider of premium synthetic roofing solutions,...
Pyq AI, a Y Combinator-backed workflow automation company, has launched Mulligan, an end-to-end AI automation platform designed for commercial insurance brokers.

Pyq AI unveils Mulligan to streamline broker workflows

Pyq AI, a Y Combinator-backed workflow automation company, has launched Mulligan, an end-to-end AI automation platform designed for commercial insurance brokers. The firm, which...

Breaking through the efficiency plateau: How insurers can unlock the next wave of productivity...

Over the past decade, insurers have poured money and effort into digital. Core policy systems have been upgraded, portals rolled out, mobile apps launched....
Healthcare FinTech Cylerity raises $4m to speed payments

Healthcare FinTech Cylerity raises $4m to speed payments

Madison-based Cylerity, a healthcare FinTech company that uses AI to accelerate payments to providers, has raised $4m in an oversubscribed seed round and secured...
AutoRek, a global provider of automated reconciliation and financial controls solutions, has strengthened its insurance sector team to support growth and accelerate digital transformation.

AutoRek strengthens team to support insurance growth

AutoRek, a global provider of automated reconciliation and financial controls solutions, has strengthened its insurance sector team to support growth and accelerate digital transformation. The...
Zurich Insurance Group, a leading global insurance provider, has launched the Zurich AI Lab, aimed at advancing artificial intelligence research and development.

Zurich expands AI research with new global lab

Zurich Insurance Group, a leading global insurance provider, has launched the Zurich AI Lab, aimed at advancing artificial intelligence research and development. The launch of...
Tunisian FinTech startup PAYDAY, a digital platform connecting insurers, banks, and employers, has secured $3m in its first pre-seed funding round, led by UGFS North Africa and supported by TALYS Group and BioProtection SA.

Tunisian InsurTech startup PAYDAY raises $3m funding

Tunisian FinTech startup PAYDAY, a digital platform connecting insurers, banks, and employers, has secured $3m in its first pre-seed funding round, led by UGFS...

News Stories

Valor backs Counterpart with $50m Series C raise

Counterpart, a specialty InsurTech firm pioneering Agentic Insurance™ for the AI era, has completed a $50m Series C funding round, bringing its cumulative total...
MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans, enabling users to re-run quotes and compare financial products directly within the ChatGPT interface.

MoneySuperMarket adds home, pet insurance to ChatGPT app

MoneySuperMarket, the UK’s most recommended price comparison service, has expanded its ChatGPT app to include home insurance, pet insurance, credit cards and personal loans,...
Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership to expand embedded insurance and value-added services across Germany and international markets.

Mehrwerk teams with bolttech to expand embedded services

Mehrwerk, a data-driven provider of cashback and lifestyle protection services, and bolttech, a global InsurTech specialising in embedded insurance, have formed a strategic partnership...
Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for specialty insurance solutions.

Markel brings PlayMicro portal to Canadian brokers

Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for...

Ripe debuts ChatGPT app for instant cycling cover quotes

Ripe, a UK-based digital managing general agent (MGA) specialising in niche insurance products, has launched a new ChatGPT app for its cycling insurance brand...
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