Sector Updates

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.

Zego to offer drivers free 14-day cover for coronavirus cases

Digital insurance platform Zego is now offerings customers who have been forced to self-isolate due to coronavirus with up to 14 days of free cover.

Urban Jungle to offer content insurance to Canopy users

Pay-as-you-go contents insurance provider Urban Jungle has reportedly teamed up with digital renting platform Canopy. The deal sees Urban Jungle offer tenant insurance policies to...

The British FCA expects insurers to be compassionate and fair to consumers during the...

As everyone from challenger banks to regulators are dealing with the global COVID-19 outbreak, the UK’s financial watchdog has given insurance companies a clear indication how they should conduct themselves during the crisis.

CyberCube extends Series B round to hit $40m

CyberCube, which offers risk modelling and underwriting applications, has extended its Series B round with a new investment from MTech Capital.

AMTD Digital said to be acquiring controlling stake in PolicyPal

AMTD Digital is reportedly set to acquire a controlling stake in PolicyPal, an InsurTech startup which helps consumers buy, manage and claim.

FSB tells South Africa’s authorities to do more to secure financial stability

South Africa’s new bank resolution and deposit insurance measures are welcome, but more needs to be done to ensure financial stability in the country, according to a new report from the Financial Stability Board (FSB).

Wrisk closes contents insurance app as it looks to next growth phase

Mobile-based insurance startup Wrisk has closed its contents insurance app to new customers

Allianz X acquires majority stake in ControlExpert

Allianz X has acquired a majority stake in ControlExpert, an automobile claims management platform.
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How Pramati is helping insurance companies turn data into experiences

Pramati, which builds independent technology-based companies, is helping the insurance companies turn data into experiences.

News Stories

Wtp shifts pension accountability to insurers

Wtp shifts pension accountability to insurers

WealthTech company Kidbrooke has outlined why the Netherlands' transition to the Wet toekomst pensioenen (Wtp) has redrawn the lines of accountability in pension communication. In...
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...
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