FinTech News

Unlocking insurer success: The power of data integration with hx Renew

Unlocking insurer success: The power of data integration with hx Renew

In the evolving landscape of insurance, the adage "knowledge is power" has never been more pertinent. This is especially true in an era where data acts as the lifeblood of decision-making processes.
Lemonade's game-changing homeowners insurance hits France

Lemonade’s game-changing homeowners insurance hits France

Lemonade, a trailblazer in the digital insurance sector, has extended its repertoire of services to include homeowners insurance in France, enriching its already fruitful partnership with BNP Paribas Cardif.
SageSure bolsters earthquake risk insurance, acquires GeoVera MGA for market expansion

SageSure bolsters earthquake risk insurance, acquires GeoVera MGA for market expansion

SageSure, a leading managing general agent in catastrophe-exposed insurance markets, has announced a definitive agreement to acquire GeoVera Advantage Insurance Services, from GeoVera Insurance...
https://www.tradeatlas.com/en

Cytora and TradeAtlas partnership revolutionises marine insurance with data-driven approach

Cytora, a leader in digital risk processing for the InsurTech sector, has announced a strategic partnership with TradeAtlas, a global trade data behemoth.
Novidea secures $30m boost from HarbourVest to revolutionise InsurTech

Novidea secures $30m boost from HarbourVest to revolutionise InsurTech

Novidea has recently announced a significant development in its growth trajectory, securing an additional $30m in funding from HarbourVest Partners.
Zurich Insurance takes bold step by halting new fossil-fuel projects underwriting

Zurich Insurance takes bold step by halting new fossil-fuel projects underwriting

Zurich Insurance Group AG has taken a bold step by announcing it will cease to underwrite new oil and gas projects going forward. 
American Family Life Insurance embraces Munich Re automation solutions

American Family Life Insurance embraces Munich Re automation solutions

Munich Re Automation Solutions Ltd has entered into a significant business relationship with American Family Life Insurance Company, marking a pivotal shift towards cloud-based...
AXA and AWS partner to revolutionise B2B risk management with new digital platform

AXA and AWS partner to revolutionise B2B risk management with new digital platform

AXA, a global insurance and asset management behemoth, and Amazon Web Services  are setting the stage for a groundbreaking collaboration with the development of the AXA Digital Commercial Platform (DCP).
Australian FinTech startup, Honey Insurance, raises $108m to enhance smart home safety

Australian FinTech startup, Honey Insurance, raises $108m to enhance smart home safety

Honey Insurance, an Australian home insurance startup, has just announced a significant boost in its journey to redefine the home insurance landscape.
David Whittaker joins Thomas Carroll Group as new COO

David Whittaker joins Thomas Carroll Group as new COO

Thomas Carroll Group, an independent insurance, risk, and WealthTech group, has recently appointed esteemed insurance broker, David Whittaker, as its Chief Operating Officer (COO).

News Stories

Starwind Specialty Insurance Services, a subsidiary of TIH, has partnered with Stone Point Credit to launch Fractal Re, a newly formed collateralised reinsurer.

Starwind partners with Stone Point Credit to launch $270m reinsurer Fractal Re

Starwind Specialty Insurance Services, a subsidiary of TIH, has partnered with Stone Point Credit to launch Fractal Re, a newly formed collateralised reinsurer.
US-based InsurTech managing general agent, Ledgebrook, has secured $17m in a Series B funding round.

US InsurTech Ledgebrook secures $17m Series B to accelerate growth

US-based InsurTech managing general agent, Ledgebrook, has secured $17m in a Series B funding round.
Rising delinquencies across all consumer lending lines have become a significant concern, as highlighted by the Q2 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion. This uptick in defaults, alongside intensifying competition, shrinking profit margins, and increasing financial pressures, is pushing lenders to reassess their pricing and credit risk strategies. 

How Earnix is transforming consumer lending

Rising delinquencies across all consumer lending lines have become a significant concern, as highlighted by the Q2 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion. This uptick in defaults, alongside intensifying competition, shrinking profit margins, and increasing financial pressures, is pushing lenders to reassess their pricing and credit risk strategies. 
California leads US InsurTech market in H1 2024 as deals drop 60% YoY

California retained top spot as US InsurTech deals and investments plummeted in H1

California retained top spot as US InsurTech deals and investments plummeted in H1 Key US InsurTech investment stats in H1 2024: US InsurTech deal activity...
In today’s dynamic retail environment, acquiring new customers is more challenging and essential than ever. Simply increasing spending isn’t enough—success depends on balancing customer growth with effective cost management. Zurich-based technlogy firm dacadoo delves into seven strategies that can help retailers achieve this balance while keeping Customer Acquisition Costs (CAC) in check.

7 effective strategies for retail customer acquisition

In today’s dynamic retail environment, acquiring new customers is more challenging and essential than ever. Simply increasing spending isn’t enough—success depends on balancing customer growth with effective cost management. Zurich-based technlogy firm dacadoo delves into seven strategies that can help retailers achieve this balance while keeping Customer Acquisition Costs (CAC) in check.

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