Tag: Fintech

AI-powered platform Parrot rakes in $11m in Series A

Parrot, a technology-based court reporting firm, revealed today its innovative AI-enabled platform, designed specifically to assist insurance providers and legal firms expedite case resolutions...

Climate risk startup Reask raises $6.55m to refine AI-driven weather modelling

Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.

Wallife unveils digital identity theft insurance to guard UK consumers

Wallife, the Italian InsurTech, has taken a bold step to protect UK consumers from the ever-growing risk of online threats. Known for its innovative insurance...

Meanwhile, the crypto-native life insurer, bags $19m seed funding

Meanwhile, a unique life insurer that operates solely in cryptocurrency, has announced that it has raised around $19m across two seed funding rounds.

AI trust deficit in advanced digital economies: Insights from Swiss Re...

Swiss Re Institute's recent analysis reveals that countries leading in digital advancements are likely to harbour lesser trust in artificial intelligence (AI) technology.

Triple Point fuels Marshmallow’s mission with £15m revolving credit facility

Marshmallow, an InsurTech company that strives to make motor insurance accessible to underrepresented sectors, has secured a £15m three-year revolving credit facility from Triple Point Private Credit.

InsurTech pioneer Obie secures $25.5m in Series B

Obie, a leading InsurTech startup, has today declared the successful raising of $25.5m in a Series B funding round.

How digitalisation can make insurance firms resilient in an inflation-hit economy

Inflation, a pervasive economic phenomenon, is extending its grip across all sectors, including the insurance industry. A projection indicates that the surge in prices...

FinTech’s Role in Reinforcing Broker Value Amidst Rising Insurance Premiums

The UK and global economies are currently grappling with unprecedented inflation rates. Interestingly, the insurance market had a precursor to this trend, with premiums soaring as the world emerged from lockdown.

UK-based InsurTech Stubben Edge raises £5.6m

UK-based InsurTech Stubben Edge has raised £5.6m in additional funding following its £10m investment in September 2021.

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