FinTech News

Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).

InsurTech Igloo secures $5m from Tokio Marine

Japanese insurer Tokio Marine has invested $5m for a minority stake in Singapore-based InsurTech startup Igloo, according to filings with Singapore’s Accounting and Corporate...
Skyway Underwriters, an AI-native managing general agent, and ResiQuant, a technology platform specialising in structural risk intelligence, have announced a strategic partnership to transform underwriting of coastal wind risk in Florida’s property insurance market.

ResiQuant teams up with Skyway to enhance coastal wind underwriting

Skyway Underwriters, an AI-native managing general agent, and ResiQuant, a technology platform specialising in structural risk intelligence, have announced a strategic partnership to transform...
Vertafore®, an InsurTech provider, has updated Surefyre™, its low-code agent portal and underwriting workbench for MGAs and wholesalers, in a move that will save hours in the program setup process by automating the conversion of PDF submission forms into web applications.

Vertafore updates Surefyre with AI to save hours in MGA workflows

Vertafore®, an InsurTech provider, has updated Surefyre™, its low-code agent portal and underwriting workbench for MGAs and wholesalers, in a move that will save...
mea Platform, a fast-scaling (re)insurance AI product company, and Moonrock Insurance, a specialist drone insurance managing general agent (MGA), have entered into a partnership aimed at implementing mea Operations as an AI-first operating platform across Moonrock’s business.

mea Platform and Moonrock join forces to modernise MGA operations

mea Platform, a fast-scaling (re)insurance AI product company, and Moonrock Insurance, a specialist drone insurance managing general agent (MGA), have entered into a partnership...
Across the insurance industry, pricing remains one of the last major functions to fully modernise. While data volumes have grown and analytical techniques have advanced, many insurers still rely on spreadsheet-heavy workflows, fragmented models and manual processes that slow decision-making and limit visibility. As competition intensifies and margins tighten, these legacy approaches are increasingly becoming a barrier to growth.

How Akur8 is reshaping insurance pricing at James River

Across the insurance industry, pricing remains one of the last major functions to fully modernise. While data volumes have grown and analytical techniques have...
Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m.

Defaqto boosts UK insurance data with £11m acquisition

Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m. The move is set to significantly...
Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised $25m to expand its insurance offerings amid growing demand for protection against generative AI risks.

Armilla AI raises capacity to $25m

Armilla AI, a US-based InsurTech specialising in AI liability coverage, has raised its standalone AI Liability Policy to offer limits up to $25m to...
Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection and verification, used by over 2,500 property and casualty insurance agents nationwide.

InsurGrid joins Helium Ventures to transform P&C insurance

Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection...
Root Platform, Admiral Pioneer and Octopus Electric Vehicles have joined forces to embed motor insurance directly into the electric vehicle leasing journey.

Octopus EV teams up with Root and Admiral Pioneer on motor cover

Root Platform, Admiral Pioneer and Octopus Electric Vehicles have joined forces to embed motor insurance directly into the electric vehicle leasing journey. The partnership has...
Zinnia, a life insurance and annuity (L&A) technology provider, and Snowflake, the AI Data Cloud company, have announced a new integration designed to transform how insurers access, analyse and activate data.

Zinnia partners with Snowflake to power AI-driven insurance analytics

Zinnia, a life insurance and annuity (L&A) technology provider, and Snowflake, the AI Data Cloud company, have announced a new integration designed to transform...

News Stories

Marsh launches Stratus, $10bn digital infrastructure cover

Marsh launches Stratus, $10bn digital infrastructure cover

Marsh, the global risk, reinsurance, capital, people and investment and management consulting group, has introduced Stratus, a property insurance exchange built to address the...
Inszone Insurance acquires Aviza Insurance Agency

Inszone Insurance acquires Aviza Insurance Agency

Inszone Insurance Services, a fast-growing national provider of commercial, personal, and benefits insurance, has acquired Aviza Insurance Agency, a long-standing Michigan agency known for...
Hippo grows homeowners insurance reach to 22 US states

Hippo grows homeowners insurance reach to 22 US states

Hippo Holdings, a technology-native insurance group that diversifies risk across personal and commercial lines through its carrier platform, has confirmed plans to widen the...

CAM Group picks NeoXam GP4 to modernise accounting

NeoXam, a global provider of software solutions spanning data management, investment accounting, portfolio management, valuation, reporting and reconciliation, has been chosen by CAM Group,...
Corgi and Trucker Path launch route-data cover

Corgi and Trucker Path launch route-data cover

Corgi Insurance, a full-stack commercial insurance platform, and Trucker Path Insurance, the insurance arm of the widely used trucking navigation app Trucker Path, have...
227198

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