InsurTech

Majesco adds five to its L&A team

Cloud insurance software developer Majesco has expanded its life and annuity (L&A) business with five new leadership hires.

Kenyan InsurTech Lami secures $1.8m to scale its API platform across Africa

Nairobi-based InsurTech Lami Technologies secured $1.8m in a seed funding round led by Accion Venture Lab.

Stocard introduces post-purchase protection to provide users insurance

German FinTech company Stocard has launched a free buyers’ protection for all users of its Stocard Pay platform.

Corporate spend management firms and celebrity-backed companies among the 42 FinTech rounds raised last...

A Jared Leto-backed startup, family-focused FinTech firms and corporate spend management companies were among the big winners of the 42 funding rounds reported on last week.

Storm Christoph proves why insurers need early warning systems – Previsico argues

UK insurers must take flooding risks seriously following Storm Christoph, InsurTech Previsico warns.

Lemonade passes the one million customer milestone in just four years

Digital insurance company Lemonade closed off 2020 by reaching the one million customer milestone.

InsurTech platform Arturo receives $25m in Series B funding

Arturo, which offers AI-powered insights and predictive analytics from aerial and satellite imagery, has collected $25m in its Series B funding round.

Canara HSBC OBC Life Insurance ties up with CtrlS to upgrade its technological infrastructure

Canara HSBC Oriental Bank Of Commerce Life Insurance partnered with data centre and managed services provider CtrlS Datacenters to boost its tech infrastructure and facilitate a more digital journey for its customers.

Wunderite lands $3m seed funding to provide software for insurance agents

Boston-based provider of data exchange for commercial insurance Wunderite secured a $3m seed funding round led by Spark Capital, which has also backed Affirm, Coinbase and Plaid.

Sigo raises $1.5m to support launch of auto insurance policy of Latinx community

Sigo, which helps underserved populations to access affordable auto insurance, has bagged $1.5m in its seed funding round.
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Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same time, dealers expect rapid decisions and competitive offers at the point of sale.

Why Canadian auto lenders are rethinking pricing strategies

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same...
Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise legacy systems are forcing lenders to rethink how lending journeys are designed.

Why personalisation is becoming essential in mortgage lending

Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise...
InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer acquisition across the United States.

Eleos Life raises $3m from Mercurius Media Capital

InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer...
DXC Technology has launched a new suite of Assure Smart Apps designed to help insurers accelerate AI-driven transformation and modernise operations without large-scale system overhauls.

DXC introduces AI-driven apps to accelerate insurer transformation

DXC Technology has launched a new suite of Assure Smart Apps designed to help insurers accelerate AI-driven transformation and modernise operations without large-scale system...
European InsurTech Neat has entered a strategic partnership with Visa to enhance the insurance and medical assistance services embedded within Visa cards.

Visa teams with Neat to upgrade cardholder insurance services

European InsurTech Neat has entered a strategic partnership with Visa to enhance the insurance and medical assistance services embedded within Visa cards. The collaboration will...
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