Latest African Risk Capacity News, Insights & Analysis - InsurTech Analyst

mTek, a Kenyan-based InsurTech firm, has secured an investment of $1.25m (KSh 167.8m) to advance its expansion plans within the Kenyan and East African insurance markets.

Commercial/Enterprise Insurance

African Risk Capacity (ARC) announces pair of new additions to its...

March 14, 2024

African Risk Capacity (ARC), a renowned insurance firm, has announced a pair of additions to its board.

Latest Analysis

VOOM Insurance, an InsurTech pioneer known for crafting usage-based insurance products tailored for the future of mobility, has appointed Thomas Coyne as its new head of insurance.

Company News

VOOM Insurance appoints Thomas Coyne as head of insurance

November 20, 2024

The Claims Portal, a UK Ministry of Justice-mandated service for managing personal injury claims valued between £5,000 and £25,000, has partnered with CRIF to improve user experience and modernise the claims management process.

Company News

The Claims Portal teams up with CRIF to modernise the claims...

November 20, 2024

Luma Financial Technologies, a global leader in structured products and insurance solutions, has announced its expansion into the life insurance sector.

Company News

Luma Financial Technologies launches innovative life insurance platform

November 20, 2024

As UK insurers grapple with rising claims costs and escalating premiums, the pressure on onboarding processes has never been greater. Motor claims payouts surged by 18% last year, while British drivers faced premium hikes of over a third, outpacing the rest of Europe. At the same time, home insurance renewal quotes soared by 42%, leaving insurers scrambling to adapt. Given these tribulations, the efficiency and effectiveness of insurance onboarding has become crucial.

Company News

The current state of insurance onboarding: Key trends and insights

November 20, 2024