InsurTech

Foxquilt bags funding to bolster growth in US and Canada

North American InsurTech company Foxquilt has bagged $8m in a funding round that will support its expansion across the US and Canada.

What will the rising individual financial risk mean for people

Power to impact markets has typically been held by governments, but big tech corporates and billionaires could be changing the landscape of power, but what will this mean for individuals?

How will hybrid working impact the future of broking?

One of the most potentially longstanding trends to emerge over the past year is hybrid working, with the working model expected to persist as the workforce becomes more accustomed to the work-life balance it offers them.

How can InsurTechs secure strong growth in emerging economies?

One of the key recent trends in global insurance has been the growth of InsurTechs in emerging markets. Research by SwissRe previously forecasted that emerging market premiums would more than double over the next ten years and outpace advanced market premium growth by four times. Post-pandemic, is this forecast still relevant?

Envelop Risk concludes SoftBank-led Series B with $130m

Cyber and speciality (re)insurance firm Envelop Risk has secured $130m from a Series B funding round led by SoftBank Vision Fund 2.

Sproutt eyes bolstered life insurance offering following $26m Series B raise

Life insurance firm Sproutt has raised $26m from a Series B funding round led by MoreTech Ventures.

InsurTech unicorn Groww in talks to close $250m in new investment round

Indian startup that helps millennials invest in mutual funds and stocks Groww is reportedly in talks to raise a new financing round at a $3bn valuation.

InsurTech iCover secures funding to expand footprint, bolster expertise

Missouri-based underwriting platform iCover has raised an undisclosed amount of seed funding from a number of unnamed backers.

Five Sigma snares $12m Series A to speed-up growth and expansion plans

InsurTech firm Five Sigma has reeled in $12m from a Series A funding round led by 83North.

dacadoo teams with Foresters to launch new wellness platform

InsurTech software developer dacadoo has helped Foresters Financial design and launch a new service aimed at rewarding people for healthy lifestyles.

News Stories

Insurers and banks rely on increasingly powerful data platforms. But while data infrastructure has advanced, the processes used to prepare that data often remain slow and manual. As data volumes grow and sources multiply, turning raw data into usable inputs for pricing and underwriting has become one of the biggest operational bottlenecks. Earnix Elevate Data was designed to address this challenge.

How Earnix Elevate Data accelerates pricing and underwriting decisions

Insurers and banks rely on increasingly powerful data platforms. But while data infrastructure has advanced, the processes used to prepare that data often remain...
Insurance pricing in Brazil has evolved significantly over the past decade. What was once a process driven largely by experience and professional judgment is becoming a more structured discipline based on data, modelling and risk analysis.

Expected loss and tariff gaps: a practical framework for insurance pricing

Insurance pricing in Brazil has evolved significantly over the past decade. What was once a process driven largely by experience and professional judgment is...
Allianz Turkiye, a multinational insurer, has selected the Nettle platform to support its commercial property risk engineering operations.

Allianz Turkiye adopts Nettle platform for commercial property inspections

Allianz Turkiye, a multinational insurer, has selected the Nettle platform to support its commercial property risk engineering operations. The decision follows a pilot programme in...

1Cover consolidates payments stack with Adyen platform

Adyen, a global PayTech platform, has expanded its partnership with Australian travel insurer 1Cover to modernise the company’s payments infrastructure across Australia and New...
ING, a global banking group, has become a managing general agent (MGA) as part of a new insurance strategy powered by InsurTech platform Qover.

ING becomes managing general agent with Qover technology

ING, a global banking group, has become a managing general agent (MGA) as part of a new insurance strategy powered by InsurTech platform Qover. Under...
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