FinTech News

Skyward Specialty Insurance Group, a US-based specialty insurer recognised for its innovative underwriting and workplace culture, has agreed to acquire Apollo Group Holdings Limited, a London-based specialist underwriting platform at Lloyd’s of London, in a deal valued at $555m.

Skyward Specialty acquires Apollo for $555m to boost Lloyd’s reach

Skyward Specialty Insurance Group, a US-based specialty insurer recognised for its innovative underwriting and workplace culture, has agreed to acquire Apollo Group Holdings Limited,...
Kayna, an embedded insurance infrastructure platform, has partnered with Willis, a global insurance broker, to deliver a new online insurance offering through Equine MediRecord (EMR).

Kayna partners with Willis and Markel for equine cover on EMR

Kayna, an embedded insurance infrastructure platform, has partnered with Willis, a global insurance broker, to deliver a new online insurance offering through Equine MediRecord...
When a claim is filed, critical decisions happen in an instant. A single email, a scanned PDF, or a few keystrokes can determine whether a payout is fast, a risk is flagged, or a customer’s trust is preserved. Too often, that information is stuck in silos or slowed by outdated systems. What if those scattered fragments could speak to each other, reason in real time, and anticipate needs?

Turning data into decisions insurers can trust

When a claim is filed, critical decisions happen in an instant. A single email, a scanned PDF, or a few keystrokes can determine whether...
Clutch, a FinTech startup providing digital loan and deposit origination solutions for credit unions, has partnered with TruStage, a provider of credit protection solutions for credit unions, to automate the selection of protection products for credit union members.

TruStage partners with Clutch to streamline loan protection

Clutch, a FinTech startup providing digital loan and deposit origination solutions for credit unions, has partnered with TruStage, a provider of credit protection solutions...
Global InsurTech bolttech, a leading provider of digital device protection solutions, has partnered with Globe to launch Flagship Forever, a device upgrade programme and the first for a telco in the Philippines.

Globe partners with bolttech to simplify flagship smartphone upgrades

Global InsurTech bolttech, a leading provider of digital device protection solutions, has partnered with Globe to launch Flagship Forever, a device upgrade programme and...
CyberCube, a global leader in cyber risk analytics for the insurance sector, has launched Exposure Manager (XM), a portfolio-wide cyber risk assessment tool already adopted by leading (re)insurers.

CyberCube debuts XM to transform cyber insurance analytics

CyberCube, a global leader in cyber risk analytics for the insurance sector, has launched Exposure Manager (XM), a portfolio-wide cyber risk assessment tool already...
Policybazaar for Business, the B2B arm of Indian InsurTech Policybazaar.com, has launched reinsurance operations in the UAE, Qatar, Oman, and Sri Lanka.

Policybazaar for Business launches reinsurance in UAE and Asia

Policybazaar for Business, the B2B arm of Indian InsurTech Policybazaar.com, has launched reinsurance operations in the UAE, Qatar, Oman, and Sri Lanka. The launch is designed...
Descartes Underwriting, a global leader in corporate parametric insurance solutions, has appointed Sébastien Bardy, a seasoned insurance industry veteran with over 20 years of experience, as its new chief financial officer (CFO). 

Descartes Underwriting names Sébastien Bardy as new CFO

Descartes Underwriting, a global leader in corporate parametric insurance solutions, has appointed Sébastien Bardy, a seasoned insurance industry veteran with over 20 years of...
Migrating legacy systems in the insurance sector is fraught with challenges. Outdated platforms, complex regulatory requirements across jurisdictions, and tight deadlines often create a perfect storm of risk and uncertainty. Errors can disrupt operations, delay compliance, or erode customer trust. Yet, InsurTech firm ChainThat defied these odds, successfully migrating 35,000 policies across 40+ US states with a remarkable 99.7% success rate in just three days for a client.

How ChainThat delivered a 99.7% policy migration in just 3 days

Migrating legacy systems in the insurance sector is fraught with challenges. Outdated platforms, complex regulatory requirements across jurisdictions, and tight deadlines often create a...
The insurance industry is standing at a critical crossroads as climate volatility intensifies. From record-breaking wildfires to devastating floods, the scale and frequency of natural disasters are growing, placing immense strain on traditional risk models. According to Earnix’s latest brochure, insurers are now at a “tipping point” where outdated systems can no longer keep pace with the speed and unpredictability of climate-driven risk.

Why insurers must modernise to manage climate risk

The insurance industry is standing at a critical crossroads as climate volatility intensifies. From record-breaking wildfires to devastating floods, the scale and frequency of...
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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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