FinTech News

A single claim used to take an hour to process. Now it takes four minutes. In a quiet corner of the office, the hum of computers has replaced the shuffle of papers, and the decisions once made by teams are executed by an AI agent with surgical precision.

How Majesco cuts insurance claims from an hour to four minutes

A single claim used to take an hour to process. Now it takes four minutes. In a quiet corner of the office, the hum...
When generic AI isn’t enough: why insurance needs its own brain

When generic AI isn’t enough: why insurance needs its own brain

Insurance companies may be eager to adopt generative AI capabilities, but generic models often fail to grasp the industry’s complexities
Bajaj Life, one of India’s leading private life insurers, has unveiled its upgraded and enhanced customer app, the Bajaj Life Insurance App, designed to simplify policy management and improve user engagement.

Bajaj Life unveils enhanced app for life goals tracking

Bajaj Life, one of India’s leading private life insurers, has unveiled its upgraded and enhanced customer app, the Bajaj Life Insurance App, designed to...
QuickFacts, a leading digital insurance platform for brokers, and BOXX Insurance, a specialist cyber insurer focused on prevention-first solutions, have joined forces to enhance cyber coverage access for brokers.

QuickFacts partners with BOXX to expand broker cyber solutions

QuickFacts, a leading digital insurance platform for brokers, and BOXX Insurance, a specialist cyber insurer focused on prevention-first solutions, have joined forces to enhance...
WTW, a global professional services firm specialising in advisory, broking, and risk management, today announced the launch of Captive Fit, a new analytical and strategic service, as the captive insurance market continues to see significant growth.

Captive Fit by WTW enhances insurance programme efficiency

WTW, a global professional services firm specialising in advisory, broking, and risk management, today announced the launch of Captive Fit, a new analytical and...
Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto, Home, and Life Insurance Partner.

Amica and Penn State join forces in multi-year sports deal

Amica Mutual Insurance Company, the nation’s longest-standing mutual auto insurer, has announced a new multi-year partnership with Penn State Athletics, becoming the programme’s Official Auto,...
Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood to simplify and accelerate insurance delivery for property owners and their agents.

Honeycomb Insurance and Neptune Flood streamline property coverage

Honeycomb Insurance, a deep-tech digital Managing General Agent (MGA) specialising in tailored property and casualty coverage, has announced a strategic partnership with Neptune Flood...
Data plays a defining role in determining both the speed and accuracy of the loss reserving process. Yet, for many actuaries, gaining access to that data remains a persistent challenge. Legacy systems are rarely designed to handle the data-heavy demands of modern reserving, creating a bottleneck that often results in rushed quarterly reviews. As a result, actuarial teams can find themselves focusing more on completing reports than on delivering deeper analytical insights, according to Akur8.

How data access is redefining actuarial efficiency

Data plays a defining role in determining both the speed and accuracy of the loss reserving process. Yet, for many actuaries, gaining access to...
Federato, a pioneering InsurTech company redefining underwriting intelligence, has unveiled an enterprise-grade agentic AI platform designed to revolutionise how insurers assess, quote, and manage risk.

Federato unveils enterprise-grade agentic AI solution

Federato, a pioneering InsurTech company redefining underwriting intelligence, has unveiled an enterprise-grade agentic AI platform designed to revolutionise how insurers assess, quote, and manage...

How BexarWare is laser-focused on modernising the insurance industry

Originally founded in 2019, San Antonio-headquartered BexarWare provides end-to-end custom software services that meet complex business challenges with native, hybrid, and custom software development....

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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