Novidea taps into surging demand for cloud solutions
Novidea, a cloud-based solutions provider for the insurance industry, has experienced over 100% year-on-year growth and doubled its operations in 2021 due to increased global demand from brokers, agents and MGAs.
WTW and Tempcover team up for usage-based insurance
Willis Towers Watson (WTW) global advisory, broking and solutions company, has partnered with InsurTech Tempcover to deliver a usage-based automotive insurance solution for the digital generation.
3 trends driving digital transformation in insurance in 2022
As the world settles into 2022, cloud-based InsurTech Novidea has outlined the three major trends it expects to drive digital transformation this year.
Blockchain-based insurance to save $10bn in claims admin
Blockchain-based insurance will transform claims administration and save $10bn in costs globally by 2024, up from $1.1bn in 2021, according to a report from Juniper Research.
Insurely and Avanza team up for Swedish pensions
Sweden-based InsurTech Insurely is partnering with Avanza Bank to offer better pension products, a report by InsurTech Digital has revealed.
Why insurers are failing to meet maximum value from mergers and acquisitions
While there continues to be huge numbers of mergers and acquisitions (M&A) in insurance, Quantexa feels many are not meeting their full potential.
Cyber InsurTech Stoïk bags €3.8m to push forward development
French firm Stoïk has raised €3.8m from a new funding round to help the company with its development efforts.
InsurTech100 company Novidea names new CMO
Novidea, which created the born-on-the-cloud, data-driven InsurTech platform, has named Julie Shafiki as its new chief marketing officer (CMO).
Majority of UK insurers set to boost premiums following FCA pricing legislation
Research from Trustly has found 74% of UK insurance firms plan to widen premiums to all customers following the Financial Conduct Authority’s (FCA) recent pricing review.
How will the FCA’s price walking ban impact the insurance industry?
A recent whitepaper by InsurTech firm Akur8 has provided insights into how the Financial Conduct Authority’s (FCA) price walking ban could impact the insurance industry.
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