Uncategorized

OpenOrigins secures $4.5m to combat AI deepfakes with blockchain tech

OpenOrigins secures $4.5m to combat AI deepfakes with blockchain tech

OpenOrigins, the startup redefining trust in digital media, has secured a significant $4.5m in seed funding. Leading the investment round were Galaxy Interactive and Galaxy...
Sedgwick strengthens global capabilities with strategic investment from Altas Partners

Sedgwick strengthens global capabilities with strategic investment from Altas Partners

Sedgwick, a global leader in claims management, loss adjusting, and technology-driven solutions, has formed a strategic partnership with Altas Partners, a prominent North American...
How technology in claims processing is changing consumer choices in insurance

How technology in claims processing is changing consumer choices in insurance

In the realm of insurance, consumer preferences are shifting significantly, with a major focus on technological advancements over cost. According to a recent survey by...
Gradient AI secures $56m Series C to enhance AI-driven InsurTech solutions

Gradient AI secures $56m Series C to enhance AI-driven InsurTech solutions

Gradient AI, a foremost provider of AI solutions in the InsurTech sector, has successfully raised $56.1m in a Series C funding round.
Akur8 and Mutual Capital Analytics partner to revolutionize insurance pricing with AI

Akur8 and Mutual Capital Analytics partner to revolutionize insurance pricing with AI

Akur8 and Mutual Capital Analytics have announced a strategic partnership aimed at transforming insurance pricing through advanced, AI-driven technologies. Akur8 is renowned for its innovative...
What does digitalisation really look like within insurance?

What does digitalisation really look like within insurance?

Digitalisation is a cornerstone of any discussion related to transformation within insurance. As firms try to meet the demands of the modern customer, their path relies on their digitalisation strategy; however, this is a rather ambiguous term that can mean different things to each insurance organisaiton. Several industry experts discussed the role of digitalisation within insurance  as part of the Professional InsurTech Certificate course.
ELEMENT, German InsurTech innovator, secures €50m in latest funding round

ELEMENT, German InsurTech innovator, secures €50m in latest funding round

ELEMENT, a trailblazing InsurTech startup based in Germany, has successfully closed a funding round, securing €50m. The investment comes from notable entities including Versorgungswerk der...
Alicia

Dutch InsurTech Alicia lands €7m seed

Alicia, a Dutch provider of insurance-as-a-service for freelancers, has scored €7m in seed investment.

Key trends in the insurance market for 2022

FinTech Global recently conducted an interview with data and analytics software firm, Quantexa to discuss key insurance market themes from this year and what the industry should look out for in 2022.

Cyber InsurTech Stoïk bags €3.8m to push forward development

French firm Stoïk has raised €3.8m from a new funding round to help the company with its development efforts.

News Stories

InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of its platform and expand its team.

Pibit AI raises $7m to boost insurance platform

InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of...
HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to building voice-driven tools specifically for the insurance sector.

HawkSoft and Liberate bring Voice AI to insurance agencies

HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to...
Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s first major expansion beyond the UK.

Staysure brings trusted travel insurance to Irish market

Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s...
openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free and open production-ready insurance data standard.

openIDL unveils first open insurance data standard

openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free...
The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented systems, duplicated data entry, and email-based communication, leaving underwriters with limited time to properly assess risks. As carriers push for greater speed and accuracy, the industry is steadily turning to digital tools that reimagine how underwriting actually works, according to IntellectAI.

Inside the rise of digital underwriting workbenches

The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented...

60,000+ InsurTech leaders get exclusive insights delivered every week