AI-driven insurance firm Roadzen secures $4m funding from Mizuho Securities
Roadzen Inc., a global leader in AI at the convergence of insurance and mobility, has secured an extension of its loan maturity date and an additional $4m in capital from Mizuho Securities.
Applied Systems launches all-new data analytics capability for US and Canadian markets
Applied Systems®, a leading provider of cloud-based software that powers the business of insurance, has announced the general release of an all-new data analytics capability.
SanlamAllianz brand debuts in Ghana to boost financial inclusion
Sanlam and Allianz have launched their joint venture brand, SanlamAllianz, in Ghana following recent regulatory approvals to merge and rebrand their businesses in the country.
Faye secures $31m in Series B funding to elevate travel insurance technology
Faye, the trailblazing travel platform, has successfully secured $31m in Series B funding, escalating its total capital to $49m.
UK insurance firms struggle to meet Consumer Duty Act expectations
New research from NTT DATA UK&I has unveiled that 82% of UK consumers have not noticed a change in their interactions with insurance providers since the Consumer Duty Act was implemented in July 2023.
SiriusPoint and Hellenic Hull Management join forces to expand marine insurance offerings
SiriusPoint and Hellenic Hull Management (HMA), a marine hull and machinery underwriter in Greece and Cyprus, have announced a strategic partnership.
NTT Data and iPipeline partner to drive insurance innovation
NTT DATA UK&I, a leading IT services provider and consultancy for the insurance industry, has announced a new partnership with iPipeline, a renowned provider of comprehensive digital solutions for life insurance, pensions, savings, and investments in the UK.
Philippines’ Hive Health boosts SME health access with $6.5m funding
Hive Health, a pioneering digital health insurer based in the Philippines, has completed a $6.5m Pre-Series A funding round, supported by an impressive consortium of global and local investors.
How digital innovation is transforming customer interaction in insurance and banking
In today’s fast-paced digital era, where technology is constantly evolving, companies face the challenge of effectively engaging with their customers. Traditional methods of customer engagement, such as in-person interactions or phone calls, are no longer sufficient in meeting the expectations of modern consumers. Instead, companies must leverage digital platforms to connect with their audience in meaningful ways.
Novocuff secures $26m funding round led by AXA IM Alts
AXA IM Alts, a global leader in alternative investments, has announced a lead investment of $14m as part of a $26m financing round into Novocuff, a women’s health medical device company dedicated to improving pregnancy outcomes and reducing preterm births.
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