Tag: Fintech

Concirrus, a leading InsurTech innovator, has unveiled transformative technology that delivers nearly 100% accuracy in submission ingestion alongside instant rating and quoting capabilities.

MGT Insurance, an AI-driven commercial neo-insurer, has announced the launch of its new surplus lines (E&S) company. This expansion enhances MGT’s ability to support the...

Tokio Marine HCC International has partnered with Optalitix, a provider of data analytics and pricing solutions, to modernise its underwriting and pricing processes in the London Market.

American International Group (AIG), a leading global insurance organisation, has announced that Jon Hancock will take on additional responsibilities as the company restructures its business into three distinct segments.

Gaia, a fertility insurance and prediction platform, has raised $14m in funding to support its expansion across the United States.

Prudential Financial and Dai-ichi Life have announced they are forming a strategic partnership to strengthen their product distribution and asset management capabilities.

Vikco Builder’s Risk, a division of Vikco Insurance Services and backed by K2 Insurance Services, has launched a Managing General Agent (MGA) specialising in excess and surplus lines Builder’s Risk Insurance.

Descartes Underwriting has launched a new parametric insurance product to protect US-based utility-scale solar farms from tornado damage, offering up to $70m in coverage.

South African InsurTech Naked, known for its AI-powered and fully digital insurance platform, has raised $38m in a recent financing round.

As the European Union's Digital Operational Resilience Act (DORA) comes into effect, KYND, a leader in cyber risk intelligence and management, is urging financial services firms to prioritise long-term cyber resilience within their operations.