Sector Updates

Akur8 acquires Matrisk to launch Discover pricing intelligence

Akur8 acquires Matrisk to launch Discover pricing intelligence

Akur8, a next-generation InsurTech provider focused on insurance pricing and reserving, built on transparent machine learning, has announced the acquisition of Matrisk, an AI-driven...
For insurers, brokers, and MGAs, managing complex financial flows has long been a source of inefficiency. Multi-entity structures, cross-border operations, fragmented policy administration systems, and manual reconciliations make insurance finance a labour-intensive and error-prone process. ChainThat’s Beyond Insurance Accounting (BIA) platform, is designed to change that.video

BIA explained: How ChainThat’s building the future of insurance finance

For insurers, brokers, and MGAs, managing complex financial flows has long been a source of inefficiency. Multi-entity structures, fragmented policy administration systems, and manual...
Scout Security Limited, a security-as-a-service platform provider, has partnered with Bolt Solutions Inc., a global InsurTech company, to provide water damage prevention solutions to insurance policyholders.

Bolt Solutions partners with Scout Security for prevention tech

Scout Security Limited, a security-as-a-service platform provider, has partnered with Bolt Solutions Inc., a global InsurTech company, to provide water damage prevention solutions to...
Cowbell, a provider of adaptive cyber and specialty insurance solutions for small and mid-market organisations, has named a new chief financial officer as it enters the next phase of its global growth strategy.

Cowbell names John Botros CFO amid next phase of growth

Cowbell, a provider of adaptive cyber and specialty insurance solutions for small and mid-market organisations, has named a new chief financial officer as it...
Howden, a global insurance broking group, has agreed to acquire Atlantic Global Risk LLC, an independent transaction liability insurance broker focused on complex M&A and private equity risks in North America.

Howden buys Atlantic Global Risk to expand US transaction liability reach

Howden, a global insurance broking group, has agreed to acquire Atlantic Global Risk LLC, an independent transaction liability insurance broker focused on complex M&A...
Outmarket, a leading insurance platform, has launched Outmarket Proposal Builder, a new workflow designed to drastically reduce the time commercial insurance brokers spend creating proposals.

InsurTech Outmarket speeds up commercial insurance proposals

Outmarket, a leading insurance platform, has launched Outmarket Proposal Builder, a new workflow designed to drastically reduce the time commercial insurance brokers spend creating...
Tata Consultancy Services (TCS) has expanded its partnership with Aviva, the UK’s leading insurance provider, with its FCA-regulated subsidiary Diligenta UK set to manage more than 6.5m policies under end-to-end administration services. The expansion covers an additional portfolio of Life Insurance business, enabling Aviva to deliver digitally transformed services, experiences, and outcomes for its customers. This enterprise-level digitisation approach follows New Consumer Duty Principles, focusing on positive outcomes for policyholders. Key initiatives include self-service capabilities, digitally powered service delivery centres, and a simplified technology landscape. TCS leverages its BaNCSTM platform and contextual knowledge to enhance service quality for all stakeholders, including policyholders, advisers, and operational staff. The platform enables faster resolutions, improved access to information, and better outcomes for customers. Diligenta has successfully migrated several million policies to TCS BaNCSTM and remains committed to providing highly digitised, automated services that enhance customer experiences. Residing on a digital core, TCS BaNCSTM for Life Insurance and Pensions supports conversational interfaces that guide users through their business journeys. Its new product configurator allows agile product launches in days, while a rich set of domain APIs enables interoperability across channels and business lines. The platform’s one ecosystem and open products philosophy support advanced digital portals with built-in first-point resolution (FPR), straight-through processing (STP), and risk control features, offering policyholders enhanced self-service and contextualised insights. R Vivekanand, President, BFSI Products & Platforms, TCS, said, “Our enduring partnership with Aviva, established on mutual trust and commitment over many years, has continually strengthened and delivered a better experience for customers. Aviva’s ongoing trust in our services, and their decision to entrust us with additional portfolios, demonstrates the depth of our collaboration. We remain dedicated to delivering an exceptional experience for Aviva and its customers. We continue to invest in our TCS BaNCSTM platform and services to stay ahead in the fast-changing tech landscape, as we strive to enhance end-to-end customer experience benchmarks within the UK Life and Pensions industry.” Keep up with all the latest FinTech news here  Copyright © 2026 FinTech Global

TCS partners with Aviva to manage 6.5m life insurance policies

Tata Consultancy Services (TCS) has expanded its partnership with Aviva, the UK’s leading insurance provider, with its FCA-regulated subsidiary Diligenta UK set to manage...
Convr AI®, an AI underwriting and document automation provider for commercial insurers, has partnered with Zurich North America to achieve faster, more accurate underwriting and improved customer experience.

Convr AI expands AI workbench with Zurich North America

Convr AI®, an AI underwriting and document automation provider for commercial insurers, has partnered with Zurich North America to achieve faster, more accurate underwriting...
Hannover Life Reassurance Company of America has announced a significant leadership transition, as it looks to begin a new chapter for its US operations.

Hannover Re US announces new CEO

Hannover Life Reassurance Company of America has announced a significant leadership transition, as it looks to begin a new chapter for its US operations. The...

JAB Insurance to enter UK retirement market

JAB Insurance has agreed to buy the life and pensions business of Utmost Group plc, marking its first major expansion into the UK retirement...

News Stories

RIIG Technology closes $6m Series A funding round

RIIG Technology, the AI automation company operating under the HOOTL™ (Humans Out of the Loop™) brand, has closed a Series A financing round exceeding $6m.
Detroit-based insurer CoverTree set out to solve a problem that has long slowed insurance distribution: the time and complexity involved in appointing producers. In most insurance organisations, onboarding agents, managing licensing compliance, and activating appointments still rely heavily on manual workflows and fragmented systems. The result is delays, unnecessary state fees, and a distribution network that often fails to reflect actual production activity.

How Producerflow provides a faster producer onboarding model for insurers

Detroit-based insurer CoverTree set out to solve a problem that has long slowed insurance distribution: the time and complexity involved in appointing producers. In...
Labaid InsureTech Company Limited, a Bangladesh-based InsurTech firm, has launched a digital insurance platform aimed at expanding access to insurance services across the country.

Labaid InsureTech rolls out digital insurance platform in Dhaka

Labaid InsureTech Company Limited, a Bangladesh-based InsurTech firm, has launched a digital insurance platform aimed at expanding access to insurance services across the country. The...
ManyPets, a digital pet insurer, has partnered with veterinary technology firm Vet-AI to integrate digital veterinary services directly into its insurance offering.

ManyPets integrates Vet-AI platform to expand digital pet health services

ManyPets, a digital pet insurer, has partnered with veterinary technology firm Vet-AI to integrate digital veterinary services directly into its insurance offering. The collaboration brings...
Cloverleaf Analytics, an insurance analytics platform provider, has launched its 2026 Insurance Decision Intelligence Platform designed to streamline data processing and analytics operations across the insurance sector.

Cloverleaf unveils 2026 decision intelligence platform for insurers

Cloverleaf Analytics, an insurance analytics platform provider, has launched its 2026 Insurance Decision Intelligence Platform designed to streamline data processing and analytics operations across...
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