FinTech News

Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis.

Markel launches tailored insurance solutions for Canadian tech space

Markel Insurance, the insurance operations within Markel Group Inc., has expanded its Canadian offerings with the launch of Cyber 360 Canada, Tech 360 Canada,...
Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+.

Google launches Pixel Care+ device protection

Google, the global technology giant, has announced the launch of a new device protection program, Pixel Care+. The launch of Pixel Care+ comes as Google...
Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction.

Sompo to acquire Aspen Insurance for $3.5bn

Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction. The...
COVU, the AI-native operating system for insurance, has raised $16m in fresh capital through a mix of equity and growth financing, bringing the company’s total funding to approximately $50m.

AI-native InsurTech COVU secures $16m to boost growth

COVU, the AI-native operating system for insurance, has raised $16m in fresh capital through a mix of equity and growth financing, bringing the company’s...
ZestyAI, the provider of AI-driven property risk analytics, and Steadily, a fast-growing rental property insurer, have expanded their partnership to enhance underwriting with advanced hail and wind risk models.

Steadily scales ZestyAI tech to strengthen property underwriting

ZestyAI, the provider of AI-driven property risk analytics, and Steadily, a fast-growing rental property insurer, have expanded their partnership to enhance underwriting with advanced...
European InsurTech funding H1 2025

European InsurTech funding projected to fall by 26% in 2025 as deals over $100m...

Key European InsurTech investment stats in H1 2025: European InsurTech funding dropped by 38% in H1 At current investment pace, funding is projected to...
The insurance sector in Brazil is undergoing a profound transformation. Premium revenue surpassed R$ 663 bn in 2023, and analysts predict that this double-digit growth trend is likely to continue over the coming years. But the shift isn’t just about numbers—it signals a broader rethink of how insurers operate, particularly in the way they approach pricing, according to Akur8.

Why Brazil’s insurance pricing needs a major rethink

The insurance sector in Brazil is undergoing a profound transformation. Premium revenue surpassed R$ 663 bn in 2023, and analysts predict that this double-digit growth trend...
McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing the insurance industry’s ability to respond to North American catastrophes.

MIS and Eagleview partner to transform catastrophe response

McKenzie Intelligence Services (MIS), a leader in geospatial intelligence, and Eagleview, a trailblazer in geospatial technology, have announced a strategic collaboration aimed at enhancing...
OneShield has launched the OneShield AI Hub, marking what the company describes as the industry’s first centralised environment for the secure development, deployment, and governance of artificial intelligence solutions specifically tailored to the insurance ecosystem.

OneShield launches AI Hub to transform insurance operations

OneShield has launched the OneShield AI Hub, marking what the company describes as the industry’s first centralised environment for the secure development, deployment, and...
Sixfold, a leading underwriting AI company, specialising in Life & Health (L&H) insurance solutions, has announced a significant upgrade to its L&H product with the introduction of Condition-Based Insights and Core Clinical Data, designed to transform underwriting processes.

Sixfold launches condition-based insights for life & health underwriting

Sixfold, a leading underwriting AI company, specialising in Life & Health (L&H) insurance solutions, has announced a significant upgrade to its L&H product with...

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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