Sector Updates

Will InsurTech startups come out as the big winners of the coronavirus pandemic?

COVID-19 could be great for the InsurTech industry as the crisis highlight where insurers’ shortcomings are. But that does not mean there won’t be hard times ahead.

FWD Philippines improves digitalisation through new partnership deal

Insurance firm FWD Philippines has reportedly agreed to leverage UnderwriteMe’s technology to boost digitalisation.

Earthquake insurance platform Jumpstart partners with Acrisure

Jumpstart will be distributing its earthquake insurance through insurance broker Acrisure in a new partnership.

DXC Technology teams up with Springday to create new health and wellbeing service

DXC Technology, an end-to-end IT services company, has formed a partnership with health and wellbeing platform Springday.

Input 1 forms strategic partnership with Xceedance

Digital billing and payments company Input 1 has established a strategic partnership with insurance consulting and managed services provider Xceedance.

How the coronavirus will affect different segments of the FinTech industry

As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.

FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...

The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.

Neptune Flood launches in another three US states

Neptune Flood, an online flood insurance company, has launched its services in Arkansas, Idaho and Illinois, making its solution now available in 42 US states.

Hi Marley said to raise $8m in new round

Insurance chatbot Hi Marley has reportedly secured $8m in a new funding round, according to a new US Securities and Exchange filing,

Coterie collects $8.5m in oversubscribed Series A round

Coterie, an API solution developer for the commercial insurance industy, has collected $8.5m in its oversubscribed Series A round.

News Stories

Travel InsurTech Insurteam bags $1.3m to scale

Travel InsurTech Insurteam bags $1.3m to scale

Swiss InsurTech startup Insurteam, which automates sales and claims management for the travel insurance sector, has completed a $1.3m funding round aimed at driving...
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...
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