InsurTech

The Financial Ombudsman sees complaints rise because of Covid-19

The Financial Ombudsman has received over 3,500 complaints related to Covid-19 so far this year.

Breathe Life scores $11.5m in round comprising equity, debt and grants

Breathe Life, an end-to-end solution for life insurers, has received $11.5m in a funding round comprised of equity funding, debt financing and a grant.

InsurTech100 company Insuritas teams up with Unify Financial FCU

Californian credit union Unify Financial FCU has tapped InsurTech100 venture Insuritas to build a virtual insurance agency.

Wrapbook scores $3.6m in its seed round led by Equal Ventures

Wrapbook, which builds payroll, insurance and compliance technology, has bagged $3.6m in its seed round of funding.

Zensurance closes its Series B round to help grow the team

Canadian digital commercial insurance platform Zensurance has closed its Series B round to increase its hiring efforts.

BGI.UK taps KYND to simplify and accelerate its cyber insurance sales

Cyber risk management products provider KYND will help insurer BGI.UK with overcoming the challenges its facing when selling cyber policies.

Eden Health nets $25m for its Series B round

Heathcare and insurance company Eden Health has bagged $25m in its Series B round, which was led by Flare Capital Partners.

29 FinTech funding rounds from the last week that you can’t afford to miss

While Robinhood's massive Series G round may have secured the most headlines last week, InsurTech and PropTech ventures bagged the most capital injections.

InsurTech startup Thimble joins the fifth Lloyd’s Lab cohort

Thimble, an insurance API solution developer, has been picked by Lloyd’s Lab Innovation accelerator programme where it will receive support to develop products in response to Covid-19.

BriteCore teams up with P&C insurance company Xceedance

Insurance software developer BriteCore has formed a partnership with property and casualty insurance company Xceedance.

News Stories

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early customer interest. Yet maintaining engagement over time remains a persistent challenge.

Why life insurers struggle to sustain wellness programme engagement

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early...
INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within a single policy in real time.

INSTANDA introduces MAX to scale commercial underwriting with AI

INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility.

Talanx lands €1bn through dual bond issuance

Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility. The financing consists...
UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to support a new end-to-end approach spanning underwriting, claims and mid-term policy adjustments.

Covéa adopts Shift AI to unify underwriting and claims risk

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
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