Tag: Fintech

Dundee-based Broker Insights, an InsurTech firm specialising in commercial insurance, has officially launched its Vision platform in the United States.

Global commercial insurance rates shockingly experienced their first decline in seven years, according to the Global Insurance Market Index released today by Marsh.

Toyota Insurance Management Solutions (TIMS) has partnered with Lemonade to to integrate home and renters insurance alongside Toyota's auto policies, in a bid to bolster its overall services.

Duck Creek Technologies, an intelligent solutions provider reshaping the future of property and casualty (P&C) insurance, has acquired Risk Control Technologies (RCT), in a bid to revolutionise how insurance carriers manage risk and prevent loss.

Earnix, the leading AI-driven platform for intelligent decisioning SaaS solutions in the insurance and financial services sectors, has announced the appointment of Jessica Buss, to its Board of Directors effective October 1st.

Lloyd’s, the world’s foremost insurance and reinsurance marketplace, has unveiled a new report that estimates a hypothetical geopolitical conflict could incur an astronomical $14.5tn in economic losses over the next five years.

Insuritas, a prominent embedded insurance provider for financial institutions, has partnered with Recoop Disaster Insurance, a company that offers multi-peril disaster insurance coverage.

Akur8, a next-generation insurance pricing and reserving solution, has been selected by leading Spanish insurer Seguros Lagun Aro to streamline its insurance pricing process.

Health insurance plays a critical role in safeguarding individuals and families from the financial burdens of medical expenses, offering essential coverage and peace of mind during times of illness or injury. Traditionally, the industry relied on complex and rigid models, often burdened by lengthy paperwork, slow claims processing, and fragmented communication. However, the health insurance market is projected to reach a remarkable $2.38tn in gross written premiums by 2024, according to Statista. This comes amidst a significant shift towards digital platforms and telemedicine services.

PropEco, a Glasgow-based tech company, recently secured a seed investment of £275,000. The company is known for its advanced technology platform that evaluates the long-term value and viability of properties with an innovative approach.