InsurTech

Betterview and Canopy Weather to pool property risk datasets

Betterview, an InsurTech provider of actionable property intelligence to property and casualty (P&C) insurance companies, has partnered with Canopy Weather, a provider of weather and hazard data sets.

Tractable teams up with Duck Creek for AI-powered solutions

Tractable, a provider of artificial intelligence (AI) to accelerate accident and disaster recovery, is to integrate its solutions into Duck Creek Technologies platform.

Sigo Seguros secures funding for underserved hispanic market

Sigo Seguros, an InsurTech startup determined to close the insurance gap within Latinx and immigrant communities, has raised $5.4m in its seed funding round.

Digital insurer Covr collects $15m

Covr Financial Technologies, a digital life insurance platform, has raised $15m in Series B funding.

What do insurance leaders want to see from the industry?

It is an exciting time for the Insurance and InsurTech industry. Ahead of the Global InsurTech Summit on April 28, FinTech Global spoke to some notable leaders in the industry on what areas are most exciting, the technologies that are being implemented, and what they would like to see from the industry.

Policygenius and Foresters Financial launch insurance product

Policygenius, a tech-enabled platform for insurance shopping, has launched an insurance product in collaboration with Foresters Financial.

Relativity6 collects seed fund to expand its underwriting capabilities

Relativity6, an AI platform for industry classification, has raised $5.25m in a seed funding round led by Fin Capital.

RenaissanceRe launches casualty and specialty venture

RenaissanceRe has unveiled a casualty and specialty joint venture, Fontana Holdings, which has launched with $375m of capital.

Novidea responds to increased global demand from MGAs

Novidea, the creator of a cloud-native, data-driven platform for the entire insurance policy distribution lifecycle, has revealed its configurable Agency Management System (AMS) is seeing high demand from Managing General Agents (MGAs) and Managing General Underwriters (MGUs).

Hub bolsters offering with Chun-Ha acquisition

Hub International Limited, a global insurance brokerage and financial services firm, has acquired Chun-Ha Insurance Services.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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