Sector Updates

France-based InsurTech Lovys said to raise €17m in funding

Mobile-based insurance platform Lovys has reportedly collected €17m in its Series A funding round, which will help it to expand internationally.

Arbol raises about $7m in Series A

InsurTech Arbol completed a Series A fundraising round worth about $7m. No exact number was given.

Foresters Financial partners with dacadoo to encourage healthy living

Financial services firm Foresters Financial has partnered with InsurTech company dacadoo to create a platform that will encourage healthy living.

Digit Insurance becomes the latest InsurTech unicorn

India-based InsurTech company Digit Insurance has reportedly joined the unicorn club, after the close of a $18.5m funding round.

InsurTech welcomes Supreme Court ruling on Covid-19 cases

The UK Supreme Court has ruled that policyholders should have their coronavirus losses covered by insurers and the InsurTech industry is welcoming the decision.

Stable said to launch its commodity price insurance services in Bermuda

Stable, which helps protect businesses from volatile commodity prices, has reportedly launched its services in Bermuda.

The 38 FinTech funding rounds raised last week highlight the success of payments companies...

While the payments industry has reason to celebrate, last week also proved a boon for 38 FinTech companies closing investment rounds. The FinTech industry returned...

SOMPO Himawari teams with dacadoo to launch new heath app

SOMPO Himawari Life Insurance has teamed up with digital health engagement company dacadoo to develop a new health app called Linkx score.

Pacific Life partners with InsurTech100 company Life.io to improve user experiences

American insurance company Pacific Life has teamed up with InsurTech100 company Life.io to offer an end-to-end customer origination, engagement and service experience.

What are compliance teams worried about in 2021?

From cybersecurity woes and risk management concerns, compliance professionals have a plethora of issues to worry about in 2021, according to new research.

News Stories

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same time, dealers expect rapid decisions and competitive offers at the point of sale.

Why Canadian auto lenders are rethinking pricing strategies

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same...
Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise legacy systems are forcing lenders to rethink how lending journeys are designed.

Why personalisation is becoming essential in mortgage lending

Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise...
InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer acquisition across the United States.

Eleos Life raises $3m from Mercurius Media Capital

InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer...
DXC Technology has launched a new suite of Assure Smart Apps designed to help insurers accelerate AI-driven transformation and modernise operations without large-scale system overhauls.

DXC introduces AI-driven apps to accelerate insurer transformation

DXC Technology has launched a new suite of Assure Smart Apps designed to help insurers accelerate AI-driven transformation and modernise operations without large-scale system...
European InsurTech Neat has entered a strategic partnership with Visa to enhance the insurance and medical assistance services embedded within Visa cards.

Visa teams with Neat to upgrade cardholder insurance services

European InsurTech Neat has entered a strategic partnership with Visa to enhance the insurance and medical assistance services embedded within Visa cards. The collaboration will...
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