InsurTech

Mercury Insurance releases cyber insurance for homeowners in California

Mercury Insurance has released home cyber protection coverage for homeowners and renters in California.

AXA completes strategic deal with Neptune Flood to boost protections in the US

AXA XL has entered a strategic digital flood insurance program administrator Neptune Flood to expand the reach of flood insurance policies in the US.

Private equity firm Tailwind Capital acquires risk management platform Ventiv

Mid-market private equity firm Tailwind Capital has acquired Ventiv Technology, a global software provider of integrated risk management solutions.

Root Insurance closes Series E valuing it at $3.65bn

Root Insurance, a property casualty InsurTech, has closed its Series E funding round on $523m, valuing it at $3.65bn.

TNEDICCA collects $750,000 to support expansion of its platform and services

TNEDICCA, which provides location-based traffic crash intelligence for auto insurance, has netted $750,000 in capital funding.

Hong Kong Exchanges and Clearing signs MOU with Ping An to boost FinTech sector...

Hong Kong Exchanges and Clearing Limited (HKEX) has entered a memorandum of understanding (MoU) with Ping An Insurance to enhance the region’s financial market ecosystem.

China-based Leyue Health said to bag $16m in funding

Leyue Health, a technology platform which aims to improve the settlement of commercial insurance, has reportedly raised 115 yuan ($16m) in funding.

Root launches insurance services in California

InsurTech unicorn Root Insurance has launched its services into California, making its services now available to 60 per cent of the US population.

Minuto Seguros reveals it’s total venture funding reaches $60m

Brazil-based online insurance broker Minuto Seguros has revealed it has raised $60m in funding since 2011.

Tech Nation unveils the 23 startups joining its second FinTech growth programme

From SME finance and RegTech solutions to payments and impact retail investment, the 23 startups selected to take part of the second instalment of...

News Stories

Why “UK-hosted” cloud doesn’t mean what you think

Cloud computing has become a core function in modern finance and while many depend on it to store their sensitive data, they do not...
Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely used agency management systems in North America.

Quandri brings AI renewal automation to more North American agencies

Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely...
Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business.

Atrium deploys Sofix AI tool to streamline claims analysis

Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business. The deployment...
AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform.

Munich Re integrates Sixfold AI to streamline underwriting workflows

AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform. The integration enables...
Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client acquisition, compliance and underwriting processes.

Pelican Insured transforms broker workflows with nCino SmartBroker

Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client...
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