Sector Updates

The 34 FinTech rounds from the last week you can’t afford to miss

FinTech companies continue to blaze a trail with CyberTech and InsurTech enterprises in the lead. The 34 ventures in the sector that topped up their accounts last week prove that.

InsurTech Archipelago scoops up $34m in new funding

San Francisco-based AI-driven technology and data analytics company focused on commercial property risks Archipelago raised $34m in Series B funding.

Brella Insurance scores $15m Series A as it gears for US growth

US-based Brella Insurance has collected $15m in its Series A funding round, which was led by Brewer Lane Ventures.

InsurTech company Air Doctor is a finalist for the 2021 Efma-Accenture Innovation in Insurance...

Israel-based InsurTech company Air Doctor has been named as a finalist for the 2021 Efma-Accenture Innovation in Insurance Awards competition.

Ornikar reels in $120m in Series C funding to expand its insurance offering

Paris-based online driver training and road awareness platform Ornikar raised $120m in led by KKR in an effort to scale up its car insurance product.

Insurance firms sign Tech Nation’s FinTech Pledge

A cohort of insurance providers signed up to the FinTech Pledge, which was launched across the UK banking sector last year by tech company growth platform, Tech Nation.

Akur8 to help Munich Re bolster its pricing capabilities through new partnership

Akur8, an AI-powered insurance pricing solution, will help Munich Re bolster its pricing capabilities for Global Consulting Unit1, as part of a new partnership.

Tractable to help Covéa improve auto claims through new partnership

Tractable, which offers an AI-powered tool to improve auto claims, has partnered with Covéa to help improve its claims handling.

Why SMEs need to worry about the threat of cyberattacks

As the world treads towards an increasingly digitised ecosystem, cyber threats are not uncommon but SMEs may not be aware of the devastating consequences of a cyberattack, according to KYND.

How can banks and insurance companies prepare for the new normal in remote working?

Covid-19 changed the world, but now firms must focus on the next set of challenges, such as how to reimagine customer onboarding in a...

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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