InsurTech

VakıfBank Revolutionises Document Submission with Scanbot SDK

VakıfBank Revolutionises Document Submission with Scanbot SDK

VakıfBank stands as Turkey’s second-largest bank concerning asset size and loans. With a robust approach, the bank provides state-of-the-art products and services for corporate, commercial, and individual banking sectors. Adhering to modern banking standards, VakıfBank is paving the way for a higher savings rate in Turkey.

Cytora Partners with CAPE Analytics to bolster commercial property risk assessment

Cytora is pleased to announce an integration with CAPE Analytics, in a bid to enhance insurers’ capabilities to assess and manage risks associated with commercial properties.
Aon

Aon and Rubrik team to fortify cyber resilience in modern threatscape

Aon, a globally renowned professional services firm, has forged an alliance with Rubrik, the front-runner in Zero Trust Data Security.
Burns

Burns & Wilcox onboard Bob Quillman and Doug Legters as new regional VPs

Burns & Wilcox has welcomed Bob Quillman and Doug Legters, who will be taking on the positions of Regional VPs on its executive team.
Akur8

InsurTech disruptor Akur8 scores $25m investment

Akur8, a firm specialising in next-generation insurance pricing via Transparent AI, has successfully closed a new funding round to the tune of $25m.

Frontier Risk raises $3m from Snoop Dogg-backed firm in seed round

Frontier Risk, a digital broker dedicated to the cannabis sector, announced that it has secured $3m in its seed funding round led by led by Snoop Dogg’s Casa Verde.

Markel joins Vesttoo bankruptcy case over $127.75m fraudulent LOCs

Markel Bermuda Limited (MBL) has been appointed to the statutory committee of unsecured creditors in the U.S. Chapter 11 bankruptcy of InsurTech Vesttoo.
Unlocking profitability The journey of loss control maturity and its pivotal stages

Unlocking profitability: The journey of loss control maturity and its pivotal stages

The Loss Control Maturity Model has transformed the way companies think about their processes, particularly with the introduction of FinTech solutions. Risk Control Technologies has garnered insights from over 150 customers. It has found that the majority of loss control departments could have benefitted from a software platform much earlier than they realised. The primary challenge? Many didn't know where or how to initiate the journey.
Essential features to consider when choosing a document scanner app

Essential features to consider when choosing a document scanner app

In today's digital age, document scanning has become a critical tool for both individuals and businesses. But not every scanning solution is created equal. Scanbot SDK has outlined what you need to know when integrating scanning software into your mobile or web application.
AXA

Lucy Pilko takes the reins as AXA XL’s new CEO of insurance in the...

AXA XL has named Lucy Pilko as the Chief Executive Officer for the company’s insurance operations in the Americas. 

News Stories

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.

Kin Insurance lands $335m bond to bolster US storm protection

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date. The raise...
Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market. 

Allianz and Coalition form exclusive cyber insurance alliance

Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market.  The...
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.

Corgi hits unicorn status after $160m Series B

InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation. The round brings Corgi’s total funding to...

Pit secures $16m led by Andreessen Horowitz

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...
Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until the next review. For much of the industry’s history, that assumption has held. Risk moved, but not so quickly that it escaped the frame of underwriting.

How real-time risk visibility is reshaping the insurance lifecycle

Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until...
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