Sector Updates

Artivatic said to close funding from KFin Technologies

AI-powered SaaS solutions for insurance firms Artivatic has reportedly collected an investment from KFin Technologies, a registrar and trading agency.

Tractable fully deploys AI into Polish insurer Warta to improve claims

InsurTech100 company Tractable has fully deployed its AI solution into Warta, one of Poland largest insurers, to help improve oversight of its auto repair network.

InsurTech company Yuanbao said to raise $156m in fresh investment

China-based InsurTech platform Yuanbao has reportedly scored $156m in its Series C round.

Riskfuel joins new cohort for OnRamp Insurance Accelerator

Riskfuel, which builds AI-powered solutions for valuation and risk sensitivity calculations, has joined the OnRamp Insurance Accelerator.

InsurTech FINEOS aims to enhance its machine learning platform with Spraoi acquisition

SaaS-based provider for life, accident and health insurers FINEOS has completed the acquisition of US-based tech developer Spraoi for $5.2m to step up its digital and machine learning capabilities.

Kin Insurance said to collect $63.9m in funding

Home insurance platform Kin Insurance has reportedly collected $63.9m in its Series C round, which was raised to support global expansion efforts.

Jay-Z’s Roc Nation supports the $200m Series D of InsurTech unicorn Ethos

Ethos, which provides easy access to life insurance, has hit a $2bn valuation after the close of its $200m Series D funding round.

Why Wealthsimple and CyberTech success stories stood out among the 25 FinTech rounds raised...

CyberTech ventures, Deadpool-backed enterprises, and InsurTech startups are among the big winners of the 25 FinTech funding rounds reported last week.

Flipkart to cover entire premium towards Covid-19 insurance for its sellers

Walmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and providing them with insurance coverage as it seeks to support MSMEs through the ongoing Covid-19-induced challenges in India.

Snapsheet forms strategic partnership with reinsurance firm SCOR

Digital claims management software developer Snapsheet has established a strategic partnership with tier one reinsurance firm SCOR.

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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