Sector Updates

Majesco to accelerate Cigna’s digital transformation through new deal

Cloud insurance software solution developer Majesco will bolster the digital transformation of global health service company Cigna, as part of a new partnership.

How insurers can improve their usage-based insurance solutions

Adoption rates of usage-based insurance (UBI) is increasing quickly; however, there are a lot of issues with the current method of measuring this usage, according to Sentiance.

dacadoo receives privacy and security certificates from ISO

Swiss InsurTech dacadoo has received the ISO/IEC 27001:2013 and an ISO/IEC 27701:2019 certification from the International Standards Organization (ISO).

Mile Auto scores $10.3m seed funding to support growth across US

Mile Auto, which leverages computer vision and decision analytics to offer affordable insurance, has secured $10.3m in its seed funding round.

Why the 46 FinTech rounds from last week are exciting for stock trading and...

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.

InsurTech startup iLife said to close seed round on $4m

Life insurance sales automation platform iLife has reportedly collected $4m in its seed round.

After a year with Covid-19, how has the pandemic changed insurance and is it...

With more than a year of lockdowns and restrictions, the insurance industry has changed following the Covid-19 pandemic and customer experience might be the new key to success for firms.

Majesco acquires Utilant to launch new data and analytics division

Cloud insurance software provider Majesco has acquired Utilant, which offers survey management SaaS products for loss control and premium audit surveys.

InsurTech Waffle seeks expansion following $5m seed round

InsurTech Waffle seeks expansion following $5m seed round

Extend achieves unicorn status following $260m Series C

US product protection startup Extend has raised $260m from a Series C round that has brought its overall valuation to $1.6bn.

News Stories

Why pension transition overviews fail to communicate

Dutch pension insurers are producing transition overviews that tick every legal box and still leave participants fundamentally confused about what is happening to their...
Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company.

Beazley investors back £8.1bn Zurich takeover deal

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company. The deal was backed by 99.9% of votes...
Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they share their insurance information.

Canopy Connect adds multi-option sharing path to intake platform

Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they...
The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers.

Rising home insurance premiums add pressure for first-time buyers

The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers. The company’s latest analysis...
EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part of a new overseas travel insurance offering.

Tokio Marine adopts ClaimPulse to automate travel insurance FNOL

EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part...
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