FinTech News

PremFina and MyFirst join forces to drive young drivers insurance solutions

PremFina and MyFirst join forces to drive young drivers insurance solutions

PremFina, a premium finance provider, and MyFirst, a specialist in insurance for young drivers, have announced a new strategic partnership aimed at assisting young drivers in securing the right cover.
Assurant acquires iSmash, expanding UK's premier tech repair services

Assurant acquires iSmash, expanding UK’s premier tech repair services

Assurant, a global leader in lifestyle and housing solutions, today announced the strategic acquisition of iSmash, the UK’s top independent tech repair brand.
Oka secures $10m in groundbreaking funding for carbon credit InsurTech

Oka secures $10m in groundbreaking funding for carbon credit InsurTech

Oka, a pioneering force in the carbon credit insurance market, has recently heralded the successful closure of a substantial $10m funding round.
CrashBay raises $1.25m boost for collision repair network

CrashBay raises $1.25m boost for collision repair network

CrashBay, the first digital marketplace dedicated to transforming the collision repair industry, has successfully closed a funding round of $1.25m.
Navigating the hype: Is generative AI the future of InsurTech

Navigating the hype: Is generative AI the future of InsurTech

The buzz around Generative Artificial Intelligence (AI) in the insurance sector is undeniable. Each keynote, panel, and networking break at business conferences seem to...
The future of healthcare: How insurers are using technology to cut costs

The future of healthcare: How insurers are using technology to cut costs

Healthcare costs continue to be a major concern across the globe, with a slight dip projected in 2024, offering a glimmer of hope. dacadoo, a digital health technology platform that puts the customer engagement at the centre of business, recently explored how digital health technology can help insurers become 'affordability champions.' 
Descartes Labs acquires Geosite: A strategic move to revolutionise geospatial analytics

Descartes Labs acquires Geosite: A strategic move to revolutionise geospatial analytics

Descartes Labs, a trailblazer in geospatial analytics and artificial intelligence (AI), has announced its acquisition of Geosite, a renowned SaaS provider known for delivering cutting-edge geospatial intelligence solutions to property and casualty insurance companies.
NEXT Insurance unveils Copilot: Revolutionising the way agents serve micro businesses

NEXT Insurance unveils Copilot: Revolutionising the way agents serve micro businesses

NEXT Insurance, a pioneer in the FinTech sector, specializes in delivering comprehensive, digital-first insurance solutions tailored for small businesses. Founded in 2016 and headquartered in Palo Alto, NEXT Insurance has transformed the small business insurance landscape through innovative technology and customer-centric services.
Amwins and Boost Insurance innovate legal liability coverage with new technology-driven partnership

Amwins and Boost Insurance innovate legal liability coverage with new technology-driven partnership

Boost Insurance, a pioneer in the InsurTech sector, and Amwins Program Underwriters, a leading entity within Amwins’ Underwriting Division, have recently announced their collaboration. This...
Jeff Heine joins Novidea as chief revenue officer to propel global sales

Jeff Heine joins Novidea as chief revenue officer to propel global sales

Novidea, an innovative leader in the InsurTech sector known for its cloud-based, data-driven insurance management platform, has recently welcomed Jeff Heine as its new chief revenue officer (CRO).

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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