FinTech News

Emerald Bay Risk Solutions, a collaborative underwriting carrier, is formally launching with a significant strategic investment from Bain Capital Insurance.

Emerald Bay Risk Solutions launches with Bain Capital Insurance backing

Emerald Bay Risk Solutions, a collaborative underwriting carrier, is formally launching with a significant strategic investment from Bain Capital Insurance.
The Pacific Catastrophe Risk Insurance Company (PCRIC) and the United Nations World Food Programme (WFP) have partnered to enhance disaster resilience in Pacific Island countries by strengthening disaster risk financing initiatives.

Pacific Catastrophe Risk Insurance Company and WFP partner to reinforce disaster risk financing in...

The Pacific Catastrophe Risk Insurance Company (PCRIC) and the United Nations World Food Programme (WFP) have partnered to enhance disaster resilience in Pacific Island countries by strengthening disaster risk financing initiatives.
Genasys, a leading provider of insurance administration software, has unveiled Genasys Unify, a major update to its core platform.

Genasys adds to its pioneering core platform

Genasys, a leading provider of insurance administration software, has unveiled Genasys Unify, a major update to its core platform.
Verisk, a leading global data analytics and technology provider, has welcomed Greg Hendrick as its new independent director on the Board of Directors.

Verisk welcomes Greg Hendrick to its Board of Directors

Verisk, a leading global data analytics and technology provider, has welcomed Greg Hendrick as its new independent director on the Board of Directors.
Dina FörsäkVerisk, a leading global data analytics and technology provider, has welcomed Greg Hendrick as its new independent director on the Board of Directors.ringar, a leading insurance provider, has announced a partnership with a pair of prominent players in the InsurTech space. 

Dina Försäkringar teams up with Safestate and CyberScout to strengthen cyber insurance solutions

Dina Försäkringar, a leading insurance provider, has announced a partnership with a pair of prominent players in the InsurTech space. 
In today’s fast-paced business environment, the importance of swift customer response time cannot be overstated. Imagine sending an email with high hopes of a prompt reply, only to be met with silence as days pass by. This lack of engagement can swiftly sour a potential customer relationship, leaving individuals feeling undervalued and ignored. With 88% of customers equating the quality of service to the overall experience provided by a company, the pressure mounts for businesses to prioritise timely responses.

Mastering customer experience: The role of AI in response time

In today’s fast-paced business environment, the importance of swift customer response time cannot be overstated. Imagine sending an email with high hopes of a prompt reply, only to be met with silence as days pass by. This lack of engagement can swiftly sour a potential customer relationship, leaving individuals feeling undervalued and ignored. With 88% of customers equating the quality of service to the overall experience provided by a company, the pressure mounts for businesses to prioritise timely responses.

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking...
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd. (Topsail Re), a leading privately-held reinsurer. This alliance is set to accelerate the growth of Bishop Street’s differentiated Managing General Agents (MGAs) platform by providing preferred capacity alongside Topsail Re’s extensive underwriting expertise.
Relm Insurance, a prominent specialty insurance carrier catering to emerging and innovative industries, has welcomed Chris Sinkey as its Chief Operating Officer.

Relm Insurance welcomes Chris Sinkey as COO to drive growth strategy

Relm Insurance, a prominent specialty insurance carrier catering to emerging and innovative industries, has welcomed Chris Sinkey as its Chief Operating Officer.

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.

Download the free InsurTech100 report

FREE

Get the free InsurTech100 report with details on each solution

60,000+ InsurTech leaders get exclusive insights delivered every week