FinTech News

Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, has named Frank Fumarola as its new chief product officer.

Coalition names new CPO to aid expansion goals

Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, has named Frank Fumarola as its new chief product...
bolttech, the global InsurTech, has acquired Kenya-based digital insurance platform mTek as part of a move to accelerate its strategic expansion in East Africa and deepen its embedded insurance capabilities worldwide.

Kenyan digital insurance platform mTek acquired by bolttech

bolttech, the global InsurTech, has acquired Kenya-based digital insurance platform mTek as part of a move to accelerate its strategic expansion in East Africa...
Producer onboarding has become one of the quietest yet costliest drags on revenue across the insurance sector. When producers wait weeks to begin selling, carriers and MGAs lose momentum, face rising compliance exposure and risk losing talent before activation even starts. Manual workflows—still the norm for many organisations—turn straightforward checks into an obstacle course of emails, spreadsheets and repeated data entry, according to Producerflow.

The key to faster producer activation

Producer onboarding has become one of the quietest yet costliest drags on revenue across the insurance sector. When producers wait weeks to begin selling,...
73% of insurance executives are planning to change their core insurance management technology within the next three years, according to a recent report by Novidea.

73% of insurance execs ready to modernise systems, Novidea says

73% of insurance executives are planning to change their core insurance management technology within the next three years, according to a recent report by...
Scaling a producer network starts with recruiting the right agents—a challenge many carriers and MGAs face as appointment and onboarding costs rise. Organisations that rely on reactive approaches, such as appointing anyone who applies or conducting manual research, risk wasted expenditure on non-producing agents, missed opportunities with high-potential producers, and increased administrative work. Implementing producer management software allows insurers to move from guesswork to a data-driven recruiting process that fuels distribution growth.

What drives successful data-driven producer recruiting

Scaling a producer network starts with recruiting the right agents—a challenge many carriers and MGAs face as appointment and onboarding costs rise. Organisations that...
Nationwide, a major US-based insurance provider, has partnered with Chrp, an AI-driven home risk assessment platform, to introduce a smartphone-led approach to home inspections.

Nationwide joins Chrp to boost AI-powered home safety

Nationwide, a major US-based insurance provider, has partnered with Chrp, an AI-driven home risk assessment platform, to introduce a smartphone-led approach to home inspections. The...
Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has appointed Rajesh Raheja as its new Chief Technology Officer (CTO).

Rajesh Raheja joins Duck Creek as CTO

Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has appointed Rajesh Raheja as...
Italian startup Liablix, an AI-driven InsurTech specialising in automated motor-claims analysis, has secured €1.2m as it looks to scale its technology internationally.

Liablix raises €1.2m to scale AI motor-claims platform

Italian startup Liablix, an AI-driven InsurTech specialising in automated motor-claims analysis, has secured €1.2m as it looks to scale its technology internationally. The company, founded...
BlueFive Capital, a regional investment firm, has launched BlueFive Insurance, a dedicated platform designed to drive consolidation, digitisation and specialisation across the Gulf Cooperation Council (GCC) insurance market and beyond.

BlueFive debuts platform to transform GCC insurance sector

BlueFive Capital, a regional investment firm, has launched BlueFive Insurance, a dedicated platform designed to drive consolidation, digitisation and specialisation across the Gulf Cooperation...
LifeSearch, a UK-based protection advice specialist, has become the first company to integrate a fully digital trust solution into a self-serve life insurance journey, enabling customers to place policies bought online directly into trust.

LifeSearch launches digital trust for online life insurance

LifeSearch, a UK-based protection advice specialist, has become the first company to integrate a fully digital trust solution into a self-serve life insurance journey,...

News Stories

Where is generative AI creating value in insurance today?

The potential of generative AI has caused a widespread race across the insurance sector. Firms are embroiled in various pilots and tests to see...

fileAI secures backing from SMBC and Singtel Innov8

fileAI, the enterprise intelligence company behind fileForge, the leading platform for complex business process automation, has secured fresh investment from SMBC Asia Rising Fund,...
ZestyAI, Amica expand deal into filing research

ZestyAI, Amica expand deal into filing research

Amica Insurance, a US-based provider of auto, home and life cover, has widened its use of ZestyAI's risk decision platform by adopting ZORRO Discover™,...
Corgi raises $40.7m as AI insurer builds on $2.6bn valuation

Corgi lands $40.7m to expand AI insurance platform

AI insurance platform Corgi has secured $40.7m from investors in a new securities offering, according to a filing with the US Securities and Exchange...
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...
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