InsurTech

Why a strategic approach to data integration is key for mergers & acquisitions in...

Establishing a strategic approach to data integration is key to tackling the steady rise of M&A in insurance as well as accelerating the company's digital transformation journey, Quantexa says.

Jay-Z-backed Ethos bolsters unicorn status with SoftBank investment

US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.

Insurtech firm Kin enters merger to go public on NYSE

US InsurTech Kin plans to merge with Omnichannel Acquisition – a special purpose acquisition company – to go public on the New York Stock Exchange (NYSE).

PropTech Jones snags $12.5m for its commercial real estate vendor compliance platform

Israeli commercial real estate startup that automates the insurance compliance process for tenants and property managers Jones raised a $12.5 Series A funding round.

InsurTech BackNine exposes sensitive information of thousands of insurance applications after security breach

A security lapse at insurance technology startup BackNine exposed hundreds of thousands of insurance applications after one of its cloud servers was left unprotected on the internet.

Why Revolut and the CyberTech industry stand out from the 42 funding rounds raised...

FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the sector that topped up their accounts last week are proof of that.

Russian InsurTech BestDoctor attracts $26m from Vladimir Potanin-backed VC fund Winter Capital

BestDoctor closed a $26m round led by Winter Capital, a Moscow-based international VC fund backed by billionaire Vladimir Potanin.  Other investors included Swedish investor VNV Global...

UK-based InsurTech YuLife nabs a $70m Series B to reinvent life insurance

Tech-driven insurance company which incentivises and rewards users to focus on their physical and mental health through a gamified interface, YuLife raised $70m in Series B funding led by Target Global.

Zego joins forces with bp to provide drivers with professional insurance as part of...

Zego partnered with energy giant bp to provide drivers with its professional insurance as part of bp’s all-inclusive electric vehicle subscription service trial - bp EV Pro to encourage electrification in the mobility industry amid green push.

Collective Benefits rakes in £6m to aid expansion, bolster worker safety net

UK Insurtech startup Collective Benefits has secured £6m in a funding round led by US venture firm NFX.

News Stories

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens of thousands of independent agencies, and a growing volume of licensing and compliance transactions all play a role in how insurance products reach customers.

What the latest data says about the US insurance producer landscape

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens...
Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers in Malaysia and the Philippines.

Cover Genius expands Asia travel insurance footprint with Tongcheng Travel

Cover Genius, an embedded protection InsurTech, has partnered with Tongcheng Travel, an Asian online travel platform, to introduce embedded travel insurance for international customers...
Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across organisations.

Sixfold enhances underwriting AI with institutional knowledge engine

Sixfold, an underwriting AI platform provider, has upgraded its AI Underwriting Brain with a new capability designed to capture and scale underwriting expertise across...
Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use of generative AI across protection insurance.

Aviva rolls out AI-powered critical illness underwriting capability

Aviva, a UK insurance group, has expanded its AI-powered underwriting summarisation tool to individual critical illness applications, marking a further step in its use...
Zego secures $28m to expand telematics in Japan

Zego secures $28m to expand telematics in Japan

Zego, a UK-based digital motor InsurTech, has announced a strategic partnership with Sompo Holdings, one of Japan's largest insurance groups, as part of a...
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