Sector Updates

Smartcar and Paydrive deal brings Sweden its first pay-per-mile solution

Smartcar, an API developer for cars, has partnered with Paydrive to offer affordable mileage-based insurance to Tesla vehicle owners in Sweden.

Farmers Insurance to underwrite Jetty’s insurance policies

Farmers Insurance will be the exclusive reinsurance provider to Jetty, a renters insurance platform, as part of a new deal between the two companies.

New study warns insurers against failing to learn from Covid-19 and not invest in...

For months now, industry insiders have argued that the coronavirus will act as a catalyst for insurers to adopt new technologies. Now they've been backed by a new study.

Vetina Healthcare launches its pet insurance platform Pawtect in India

Vetina Healthcare, a developer of animal healthcare products, has launched Pawtect in India to offer medical cover for dogs.

Branch launches its InsurTech services into Missouri

Branch, which helps consumers to find the best home and auto insurance, has launched its My Community Discount service in Missouri.

31 investment rounds that show the state of the FinTech industry

From Monzo's seeing its valuation plummet to Checkout.com becoming one of Europe's most valuable FinTechs, the last week has been full of funding rounds that could cause big waves in the sector.

Swiss Re announces iptiQ is to become a standalone division

Swiss Re has announced its white-labelling digital insurance platform iptiQ will become a standalone division.

UK InsurTech buzzvault stops writing policies as it is “undergoing a restructure”

British InsurTech startup buzzvault has put a stop to the selling of its insurance policies in the UK.

Digital identity company Payfone scores $100m in a new funding round

Having established itself as a leading digital identity company provider, Payfone has secured $100m in new funding round and is looking to grow on the back of the investment round.

InsurTech to continue to grow despite the coronavirus predicts Aon’s COO

The COO of the British insurer Aon is feeling bullish about the continuous growth of the InsurTech sector despite the coronavirus' impact on the...

News Stories

Why “UK-hosted” cloud doesn’t mean what you think

Cloud computing has become a core function in modern finance and while many depend on it to store their sensitive data, they do not...
Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely used agency management systems in North America.

Quandri brings AI renewal automation to more North American agencies

Quandri has announced new integrations with Vertafore AMS360 and HawkSoft, expanding access to its AI-powered renewal intelligence platform across two of the most widely...
Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business.

Atrium deploys Sofix AI tool to streamline claims analysis

Atrium has deployed Sofix’s BrokerBrief solution to bring AI-powered claim analysis and summaries directly into its claims workflow across all classes of business. The deployment...
AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform.

Munich Re integrates Sixfold AI to streamline underwriting workflows

AI underwriting platform Sixfold has partnered with Munich Re to integrate its technology into Realytix Zero, the reinsurer’s cloud-based automated underwriting platform. The integration enables...
Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client acquisition, compliance and underwriting processes.

Pelican Insured transforms broker workflows with nCino SmartBroker

Commercial insurance broker Pelican Insured has deployed the nCino SmartBroker × Acturis platform as part of its strategy to scale operations and strengthen client...
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