Sector Updates

GEICO-teamsup-what3words-enhance-roadside-assistance

GEICO teams up with what3words to enhance roadside assistance

GEICO, the second-largest auto insurer in the US, has partnered with what3words, a location technology provider, to enhance roadside assistance to auto insurance customers.
bupa-teams-up-with-covergo-streamline-health-insurance-ecosystem

Bupa teams up with CoverGo to streamline its health insurance ecosystem

Bupa Limited, a health insurance specialist, has partnered with CoverGo, a global no-code insurance SaaS platform to streamline Bupa’s health insurance ecosystem.
travellers-demand-embedded-insurance-products-companjon

Travellers demand embedded digital insurance, Companjon reports

The majority of travellers are demanding insurance that is embedded, event-driven and digital, according to recent research from Companjon.
Sapiens-establishes-presence-finland-with-localtapiola-software-solutions-insurance-finnish

Sapiens establishes presence in Finland with LocalTapiola

Sapiens, global provider of software solutions for the insurance industry, has established a presence in Finland with LocalTapiola.
Walnut-insurance-raises-$4m-seed-funding-technology-company-infrastructure-embedded-insurance

Walnut Insurance bags $4m for embedded insurance infrastructure

Walnut Insurance, a technology company that provides infrastructure for embedded insurance, has raised $4m in a seed funding round.
Vertical-insure-raises-$4m-seed-funding-for-embedded-insurance-platform-vertical-SaaS

Vertical Insure secures $4m for its embedded insurance platform

Vertical insure, the embedded insurance platform for vertical SaaS platforms, has raised $4m in seed funding.
What-did-2022-bring-for-insurance-insurtech-trends-year

What did 2022 bring for insurance?

As 2022 draws to a close, FinTech Global spoke to industry executives to find out what trends stuck around from last year, what new patterns emerged and what the defining characteristics of the year were for the industry.
hyperexponential-hx-pricing-key-priority-specialty-insurers-reports

Pricing transformation should be a priority for specialty insurers, hx reports

hyperexponential (hx), a SaaS pricing platform for insurers, has launched a research report highlighting the importance of pricing transformation for specialty insurers.
Chubb-expands-euopean-footprint-greece-technology-centre-insurance

Chubb expands European footprint with Greece centre

Chubb, a publicly traded property and casualty insurance company, is to launch a technology services centre in Thessalonki, Greece.
insurtech-oyster-raises-$3.6m-funding-personal-insurance

Oyster bags $3.6m to level up personal insurance

Oyster, an insurance technology company that provides personal insurance through point-of-sale and post-purchase experiences, has raised $3.6m in funding.

News Stories

Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of taps. Buying insurance, by contrast, often feels like stepping back a decade. The process slows, the questions multiply, and what should be simple quickly becomes something to work through rather than complete.

Why most insurance quotes are abandoned — and how insurers can fix it

Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of...

Global InsurTech funding extends decline as investment falls 50% in April

Global InsurTech investment cooled further in April, with eight deals raising approximately $119m, marking another step down from March’s already subdued $237m. That represents a...
InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a unified core insurance suite and accelerate digital transformation for insurers across emerging markets.

InsureMO adds Upsure to expand core insurance platform

InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a...
Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a self-service, digital-first claims experience for policyholders.

Insly debuts digital claims platform for MGAs

Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a...
The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers shifting from experimentation to real-world deployment. But beneath this global momentum, the UK market tells a more measured story.

How the rise of AI’s impacting UK insurance pricing

The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers...
224931

60,000+ InsurTech leaders get exclusive insights delivered every week