FinTech News

Incept, a UK-based InsurTech firm specialising in real estate underwriting solutions, has launched to transform the property transaction process.

UK InsurTech Incept launches to revolutionise property transactions

Incept, a UK-based InsurTech firm specialising in real estate underwriting solutions, has launched to transform the property transaction process. The new solution was created to...
Adopting Large Language Models (LLMs) in enterprise settings can be compared to learning to drive. Initially, interactions feel manual, requiring precise instructions for every action. As organisations gain experience and the technology matures, LLMs evolve into collaborative partners capable of handling complex workflows under human supervision.

How enterprises can master multi-capability AI systems

Adopting Large Language Models (LLMs) in enterprise settings can be compared to learning to drive. Initially, interactions feel manual, requiring precise instructions for every...
In today’s competitive insurance market, smaller carriers often struggle to match the sophistication of billion-dollar rivals. The challenge is particularly acute for actuarial teams, where limited resources must deliver the same level of pricing accuracy, regulatory compliance and speed as much larger departments.

How Akur8 empowers small actuarial teams to scale fast

In today’s competitive insurance market, smaller carriers often struggle to match the sophistication of billion-dollar rivals. The challenge is particularly acute for actuarial teams,...
SelectQuote has furthered its partnership with Findhelp, a closed-loop referral management software provider that connects individuals to the US safety net.

Findhelp and SelectQuote boost support for low-income seniors

SelectQuote has furthered its partnership with Findhelp, a closed-loop referral management software provider that connects individuals to the US safety net. The collaboration underscores SelectQuote’s...
Tokio Marine, one of Japan’s largest insurers, and OpenAI, the US-based artificial intelligence company best known for developing ChatGPT, have entered a strategic collaboration to bring generative AI (genAI) into Tokio Marine’s operations.

OpenAI and Tokio Marine join forces on generative AI

Tokio Marine, one of Japan’s largest insurers, and OpenAI, the US-based artificial intelligence company best known for developing ChatGPT, have entered a strategic collaboration...
Datavant, a healthcare data collaboration platform working with payers, providers, life sciences, legal and insurance clients worldwide, has announced its agreement to acquire DigitalOwl, an InsurTech company specialising in AI-driven medical data analysis.

DigitalOwl joins Datavant in legal and insurance data push

Datavant, a healthcare data collaboration platform working with payers, providers, life sciences, legal and insurance clients worldwide, has announced its agreement to acquire DigitalOwl,...
Genpact, an agentic and advanced technology solutions company, has introduced the Genpact Insurance Policy Suite aimed at transforming commercial and specialty business insurance.

Genpact unveils Insurance Policy Suite for insurers

Genpact, an agentic and advanced technology solutions company, has introduced the Genpact Insurance Policy Suite aimed at transforming commercial and specialty business insurance. The launch...
LexisNexis® Risk Solutions, a leading data, analytics and technology provider, has announced the launch of its Home Claims Insights dashboard within the LexisNexis® Insurance Market Insights platform.

LexisNexis launches Home Claims Insights for insurers

LexisNexis® Risk Solutions, a leading data, analytics and technology provider, has announced the launch of its Home Claims Insights dashboard within the LexisNexis® Insurance...
Precisely, a global provider of data integrity solutions, data quality software, and data governance services, has announced plans to expand its Data Integrity Suite with a new generation of AI Agents and a context-aware Copilot.

Precisely launches AI Agents and context-aware Copilot

Precisely, a global provider of data integrity solutions, data quality software, and data governance services, has announced plans to expand its Data Integrity Suite...
Accuracy is paramount in the insurance sector, where even the smallest errors across quotes, binders and policies can trigger regulatory scrutiny, errors and omissions (E&O) claims, or damage to client confidence. Recognising this industry-wide challenge, IntellectAI's Magic Placement simplifies and safeguards  the work of brokers and agents.

IntellectAI’s Magic Placement reduces insurance errors

Accuracy is paramount in the insurance sector, where even the smallest errors across quotes, binders and policies can trigger regulatory scrutiny, errors and omissions...
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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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