Tag: Fintech

UK InsurTech funding defies global trends

UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.

Capella Space and Floodbase partner to enhance parametric flood insurance

Floodbase has partnered with American space tech firm Capella Space Corp. to enhance its parametric flood insurance offering.

NFP acquires AIC to expand commercial insurance offering

NFP, an international insurance broking and consulting firm, has successfully acquired Advanced Insurance Consultants Limited (AIC) to expand its commercial insurance offering.

Amazon slams doors on UK Insurance Store after only 15 months

Amazon has announced the closure of its UK Insurance Store 15 months after its October 2022 launch.

75% of insurance organisations set to replace core insurance management platforms...

75% of insurance organisations will replace core insurance management platforms by 2025, according to a new global report from Novidea. 

Lloyd’s Market Association unveils core priorities for 2024

The Lloyd’s Market Association (LMA) has unveiled its strategic focus for 2024, highlighting the core priorities for the upcoming year.

Root reveals leadership appointment amid UK expansion plans

Root Platform, the innovative low-code, end-to-end insurance technology platform provider, has announced a new addition to its leadership team.

AgentSync launches API to streamline insurance producer onboarding and compliance

AgentSync has revealed the launch of its first commercially available ProducerSync API for carriers, MGAs, and agencies.

Is it time to move beyond traditional Intelligent Document Processing (IDP)?

The FinTech landscape has witnessed remarkable evolution over the years, with advancements in Artificial Intelligence (AI) driving significant transformation. One noteworthy segment of this evolution is Intelligent Document Processing (IDP), which has recently given way to the emergence of a $5bn-plus market known as Intelligent Document Processing (IDP). Customer Experience Automation (CXA) firm Ushur explores whether it may be time to leave the traditional methods behind.

Alta Signa launches European Marine underwriting business

European boutique Managing General Agent (MGA) Alta Signa Europe B.V. has launched a dedicated European Marine underwriting business.

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