FinTech News

Carlyle buys majority stake in Sedgwick in $6.7bn deal

Carlyle has picked up a majority stake in tech-enabled insurance claims business Sedgwick in a deal with KKR valued at approximately $6.7bn.

Majesco set to receive $35m investment to support growth

Cloud insurance software developer Majesco is expecting to receive $35m in funding from its parent company, to support growth plans.

CoverWallet launches dedicated solution for agents

CoverWallet, which develops insurance software, has launched a new dedicated platform for insurance agents.

Aviva launches new subscription-styled insurance platform

Aviva has launched a new subscription-styled insurance product to give UK custoemrs better controls over their cover.

SA InsurTech Naked showered with ZAR30m investment

South African InsurTech Naked has raised ZAR30m of investment from previous backers Yellowwoods and Hollard. The company has planned to use the funding to expand...

NFP Ventures makes minority investment into Indio Technologies

NFP Ventures has made a minority investment into Indio Technologies, a workflow management software for insurance agencies.

Grange Insurance launches new cyber protection policy

Grange Insurance is releasing a new home cyber protection policy to help protect consumers from rising cyberattack threats.

Certua launches enterprise insurance solution

Certua, which designs and develops financial technology solutions, has launched its Enterprise Insurance platform.

Lemonade to launch into Europe

Online insurance platform Lemonade is launching its services into Europe, marking its first ‘major market’ outside of the US.

InsurTech startup Bright Health hits $950m valuation through VC-backed Series C

Insurance technology developer Bright Health has reportedly hit a $950m valuation after picking up significant backing from a swathe of venture capital firms.

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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