FinTech News

Optifino, the digital Brokerage General Agency (BGA), and Covr Financial Technologies, a provider of digital insurance solutions, have announced a transformative merger to create Digital BGA 3.0.

Optifino and Covr merge to launch Digital BGA 3.0

Optifino, the digital Brokerage General Agency (BGA), and Covr Financial Technologies, a provider of digital insurance solutions, have announced a transformative merger to create...
Zurich North America, a leading commercial insurance provider and part of Zurich Insurance Group, has announced a strategic integration with Nearmap, a global provider of property and location intelligence for insurers.

Zurich unveils AI aerial insights for faster underwriting

Zurich North America, a leading commercial insurance provider and part of Zurich Insurance Group, has announced a strategic integration with Nearmap, a global provider...
One Inc, the leading payments network, and Equisoft, a global provider of advanced digital solutions for the financial services sector, have announced a new partnership to deliver modern premium payment experiences for insurers and policyholders.

Equisoft integrates One Inc’s PremiumPay for insurers

One Inc, the leading payments network, and Equisoft, a global provider of advanced digital solutions for the financial services sector, have announced a new partnership...
Insurers gain transparency with Ortec Finance’s SBML

Insurers gain transparency with Ortec Finance’s SBML

Ortec Finance has expanded its Scenario-Based Machine Learning (SBML) approach, and has showcased it through a case study with M&G Investments. The case study...
Sixfold, an underwriting AI company, specialising in property and casualty (P&C) insurance, risk assessment automation, and AI-driven underwriting solutions, has today announced a significant upgrade to its platform with the launch of Referral Agent.

Sixfold launches Referral Agent to streamline underwriting

Sixfold, an underwriting AI company, specialising in property and casualty (P&C) insurance, risk assessment automation, and AI-driven underwriting solutions, has today announced a significant...

Apollo to launch new reinsurance syndicate with Lloyd’s approval

Apollo has received “in principle” approval from Lloyd’s Council to launch Apollo ReShare Syndicate 1972, which is set to begin underwriting on 1 January...
Quandri, an AI-focused InsurTech platform, has announced its U.S. launch of a new Requoting capability, designed to transform personal lines insurance renewals and enhance agency operations.

Quandri launches Requoting to automate insurance renewals

Quandri, an AI-focused InsurTech platform, has announced its U.S. launch of a new Requoting capability, designed to transform personal lines insurance renewals and enhance...
Insurance venture capital firm Markd has reopened its debut fund to secure up to $500m in new commitments, with the potential for further expansion before year-end.

InsurTech firm SureCo raises $23m Series A

SureCo, an Individual Coverage Health Reimbursement Arrangement (ICHRA) administrator, has announced the close of a $23m Series A funding round. The investment was led by...
HawkSoft, a long-standing provider of agency management systems, and Cara, an InsurTech company specialising in AI solutions for the insurance sector, have entered into a new partnership aimed at streamlining insurance operations.

HawkSoft and Cara team up to automate insurance operations

HawkSoft, a long-standing provider of agency management systems, and Cara, an InsurTech company specialising in AI solutions for the insurance sector, have entered into...
Ambac Financial Group, a New York-based insurance holding company, has announced a definitive agreement to acquire ArmadaCare from SiriusPoint, in a deal valued at $250m.

Ambac to acquire ArmadaCare from SiriusPoint in $250m deal

Ambac Financial Group, a New York-based insurance holding company, has announced a definitive agreement to acquire ArmadaCare from SiriusPoint, in a deal valued at...
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News Stories

Building a strong pricing model remains a core responsibility for actuarial teams, but creating an accurate model is only the beginning. Before pricing changes can generate measurable business value, they must navigate data pipelines, product requirements, governance reviews, IT systems and deployment workflows. Increasingly, that journey involves far more than actuaries alone.

Why insurers risk delays when pricing teams work in silos

Building a strong pricing model remains a core responsibility for actuarial teams, but creating an accurate model is only the beginning. Before pricing changes...
Auto lenders are being forced to rethink long-standing pricing strategies as affordability concerns, rising portfolio risks and intensifying competition reshape the lending landscape, according to Earnix.

Why traditional auto lending pricing is reaching its limits

Auto lenders are being forced to rethink long-standing pricing strategies as affordability concerns, rising portfolio risks and intensifying competition reshape the lending landscape, according...
Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech's AI-powered telematics platform into the insurer's commercial motor business.

Admiral finalises Flock deal to expand telematics capability

Admiral Group has completed its acquisition of connected fleet insurance provider Flock, bringing the InsurTech's AI-powered telematics platform into the insurer's commercial motor business. The...
Professional services firm WTW has launched a new workforce transformation offering designed to help organisations identify where artificial intelligence can deliver the greatest productivity gains and support wider adoption across the business.

WTW introduces AI workforce solution for business leaders

Professional services firm WTW has launched a new workforce transformation offering designed to help organisations identify where artificial intelligence can deliver the greatest productivity...
Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and broaden its product offering.

AI InsurTech Honeycomb secures $40m to fuel expansion

Digital insurer Honeycomb Insurance has raised an additional $40m in funding as it looks to expand its geographical footprint, enhance its underwriting technology and...
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