InsurTech

FCA censures Aviva for listing and transparency rules breach

The Financial Conduct Authority has publicly censured insurer Aviva for making an announcement that had the potential to mislead the market.

Tokio Marine said to be building new products in partnership with Lemonade

Japanese insurer Tokio Marine has reportedly partnered with online insurance company Lemonade to enhance its own operations.

Next Insurance forms partnership with QuickBooks to ease access to business insurance

Small business insurer Next Insurance has formed a partnership with Intuit QuickBooks to simplify the policy purchasing process.

Nordic challenger banks and cybersecurity firms were among the 33 FinTech rounds raised last...

These 33 FinTech funding rounds from last week highlight the rise of Scandi challenger banks, the importance of cybersecurity and how competition in the buy now, pay later space is heating up.

Vitable Health nets $1.6m in its funding led by SoftBank

Health insurance startup Vitable Health has collected $1.6m in a funding round, which was led by SoftBank Group.

Humn.ai launches new product Rideshur

InsurTech Humn.ai has unveiled a new product named Rideshur that uses real-time data to generate premiums.

FCA, PRA and Bank of England warn insurers against failing to prepare for Brexit

Three of the UK's top financial market regulators have signed a joint letter warning insurers against resting on their laurels when it comes to preparing for Brexit on December 31.

South Africa-based Click2Sure raises funding from SixThirty

South Africa-based InsurTech startup Click2Sure has reportedly raised a multi-million investment from SixThirty.

InsurTech funding in Q3 doubled compared to previous quarter as mega deals returned

The three largest InsurTech deals so far this year all took place during the third quarter.

Will Monzo’s new Premium card be enough to save the neobank?

With an attractive insurance package and interest rates, Monzo's new Premium metal card looks like a solid offering. But will it be enough to make up for its massive losses?

News Stories

Baldwin Group’s Azimuth Re targets top contractors

The Baldwin Group, a NASDAQ-listed independent insurance brokerage and advisory firm, has launched Azimuth Re, Ltd., a new member-owned group captive developed in partnership...
KatRisk

KatRisk acquires RED to boost catastrophe modeling

KatRisk, a provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired RED, a specialist catastrophe model provider covering...

How reinsurers can demonstrate AML effectiveness

The reinsurance markets in the Cayman Islands and Bermuda represent one of the offshore financial world’s genuine success stories. Capital flows into these jurisdictions on the back of regulatory credibility, and as the markets have grown, so too has regulatory scrutiny.
PremFina lands £100m funding boost from Waterfall

PremFina lands £100m funding boost from Waterfall

PremFina, the UK's fastest-growing insurance premium finance provider, has expanded its junior capital facility with Waterfall Asset Management to £100m, upsizing and extending the...
Cytora and VulnCheck partner to sharpen cyber underwriting

Cytora and VulnCheck partner to sharpen cyber underwriting

Commercial insurers are set to gain a sharper view of cyber risk at the point of underwriting, following a new partnership between Cytora, the...
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