Sector Updates

How hyper-personalisation can deliver greater customer value

As the insurance industry becomes increasingly focussed on how it can deliver more tailored customer experiences, gaining a thorough understanding of every customer has never been more vital.

Kin Insurance retreats from IPO

Home insurance platform Kin Insurance has agreed to terminate its planned merger with special purpose acquisition company Omnichannel Acquisition Corp, due to “unfavourable market conditions”.

Simplisafe teams with Aviva to offer bolstered insurance protection

Security firm Simplisafe has teamed with insurance company Aviva to help businesses reduce the severity or prevent costly insurance claims on their premises.

Laka scores €10.6m funding to advance bicycle insurance offering

Bicycle insurance platform Laka has raised €10.6m in a Series A round of funding led by US mobility investor Autotech Ventures.

Zenjuries pulls in $2.2m for worker compensation insurance

InsurTech Zenjuries, provider of worker compensation automation software for handling claims and reducing loss costs, has raised $2.2m.

Obie partners with Digital Partners for automated insurance offering

InsurTech Obie is partnering with Digital Partners, a Munich Re company, to provide an instant insurance offering for real estate investors.

Great American Insurance Group bolsters cybersecurity offering

Great American Insurance Group has launched a cyber risk management platform, EagleEye.

Looking ahead: key InsurTech trends in 2022

With 2022 in full swing, the InsurTech industry is already heating up. FinTech Global asked industry experts what their predictions are for the year ahead.

Airbnb to launch embedded travel insurance

Airbnb, the online marketplace for holiday and short-term rental homes, is to launch a travel insurance offering to its customers this Spring.

Route joins unicorn club in third year of operation

Route, the post-purchase experience platform and delivery insurance provider, has closed a $200m Series B round, propelling the company to a $1.25bn valuation.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
224931

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