FCA confirms measures to help insurance customers suffering financial difficulties because of coronavirus
The Financial Conduct Authority (FCA) has confirmed a smattering of temporary measures to help customers who hold insurance and premium finance products and who may be in financial difficulty because of COVID-19.
Envelop Risk closes Series A financing round led by Alpha Intelligence Capital
On the back of raising $6m in a new funding round, Envelop Risk will grow its cyber and speciality (re)insurance business propelled by proprietary machine-learning and data-driven underwriting.
InsurTech startup Fenris receives funding from CIT
Fenris, which helps streamlines and modernises the process of quoting insurance products, has received an investment from the Center for Innovative Technology (CIT).
Insurity deploys newly acquired geospatial solution to Lockton Re
Insurity, a core system solution developer and data analytics platform, is deploying its newly acquired geospatial analytics solution into reinsurance firm Lockton Re.
The coronavirus represents a “return to chaos” that could benefit FinTech companies
COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.
Zego extends partnership with RSA Insurance to cover van fleets
InsurTech platform Zego has extended its partnership with RSA Insurance to offer adaptable protection for van fleets.
Xceedance teams up with Xemplar Insights to help insurers
Xceedance, a consulting and managed service provider for insurers, has formed a strategic partnership with Xemplar Insights to offer mobile-based InsurTech solutions to global property and casualty insurance markets.
Verteva said to close AUS $33m Series A round
Australia-based lending platform Verteva has reportedly collected AUS $33m ($21m) in a Series A investment.
CyberCube launches new tool to help brokers improve their cyber insurance offerings
CyberCube, a cyber risk analytics platform, has released a new software-as-a-service (SaaS) application to help insurance brokers.
Clyde closes $14m Series A to boost growth in the market
Clyde, which offers extended warranties and accident protection, has secured $14m in its Series A round to support its growth in the market.
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