Sector Updates

InsurTech VIPR receives the backing of UK private equity firm Tenzing

VIPR, which builds delegated authority solutions for the insurance sector, has received an investment from UK private equity firm Tenzing.

Scanbot launches new Web SDK Scanner tool

Scanbot has launched a new Web SDK Scanner solution which will enable insurance companies to add a scanning service to their websites.

FCA censures Aviva for listing and transparency rules breach

The Financial Conduct Authority has publicly censured insurer Aviva for making an announcement that had the potential to mislead the market.

Tokio Marine said to be building new products in partnership with Lemonade

Japanese insurer Tokio Marine has reportedly partnered with online insurance company Lemonade to enhance its own operations.

Next Insurance forms partnership with QuickBooks to ease access to business insurance

Small business insurer Next Insurance has formed a partnership with Intuit QuickBooks to simplify the policy purchasing process.

Nordic challenger banks and cybersecurity firms were among the 33 FinTech rounds raised last...

These 33 FinTech funding rounds from last week highlight the rise of Scandi challenger banks, the importance of cybersecurity and how competition in the buy now, pay later space is heating up.

Vitable Health nets $1.6m in its funding led by SoftBank

Health insurance startup Vitable Health has collected $1.6m in a funding round, which was led by SoftBank Group.

Humn.ai launches new product Rideshur

InsurTech Humn.ai has unveiled a new product named Rideshur that uses real-time data to generate premiums.

FCA, PRA and Bank of England warn insurers against failing to prepare for Brexit

Three of the UK's top financial market regulators have signed a joint letter warning insurers against resting on their laurels when it comes to preparing for Brexit on December 31.

South Africa-based Click2Sure raises funding from SixThirty

South Africa-based InsurTech startup Click2Sure has reportedly raised a multi-million investment from SixThirty.

News Stories

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early customer interest. Yet maintaining engagement over time remains a persistent challenge.

Why life insurers struggle to sustain wellness programme engagement

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early...
INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within a single policy in real time.

INSTANDA introduces MAX to scale commercial underwriting with AI

INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility.

Talanx lands €1bn through dual bond issuance

Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility. The financing consists...
UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to support a new end-to-end approach spanning underwriting, claims and mid-term policy adjustments.

Covéa adopts Shift AI to unify underwriting and claims risk

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
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