Sector Updates

Previsico to provide data to new ResilienceDirect mapping platform

Flood insurance services Previsico will be deploying its forecasting data on behalf of Loughborough University for the new ResilienceDirect mapping platform.

Buckle acquires Gateway Insurance Company

Financial product developer Buckle has acquired Gateway Insurance Company and its 47 state insurance licenses.

InsurTech startup Qlaims scores £2.3m in its seed funding round

Qlaims, a property claims platform, has allegedly scored £2.3m in its seed funding round as it looks to enhance its technology.

Previsico entering the US market with the aid of ?700,000 loan from Innovate UK

Previsico is looking to bring its flood insurance services to the US with the help of a ?700,000 loan support from Innovate UK.

What does Lemonade’s upcoming IPO mean for the rest of the InsurTech industry?

Last week it was revealed that InsurTech scaleup Lemonade is planning to go public, but the question is what it will mean for its...

Getsafe inks partnership with Quotezone.co.uk

German InsurTech Getsafe has teamed up with insurance comparison website Quotezone.co.uk, which marks the first time the startup has offered its solution to a UK insurance aggregator.

Pursuing digitalisation during the coronavirus

The coronavirus has resulted in high demand for online services and some businesses have struggled to meet this shift. However, iptiQ by Swiss Re is putting its four years of experience to practice and is helping its partners to quickly add new products.

27 FinTech funding rounds from the last week that could show how a post-coronavirus...

From InsurTech startups to cybersecurity ventures, the past week has seen several FinTech firms find funding to help them grow despite the global pandemic.

Duck Creek Technologies closes $230m less than a year after former round

Duck Creek Technologies, a software developer for P&C insurance, has secured a $230m investment, less than a year since closing a $120m round.

dacadoo has been named “Innovator of the Year” by MongoDB

dacadoo, a digital transformation company for the healthcare space, has been awarded “Innovator of the Year” and “Data for Good” by MongoDB.

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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