Tag: insurtech

As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.

Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry. The tranche...

Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.

Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.

First Connect Insurance Services has announced a new partnership with Root Insurance to offer API-powered quote and bind capabilities to independent insurance agents.

Hakbah, a Saudi-based FinTech platform focusing on digital savings, has announced a new partnership with Tawuniya to revolutionise the savings experience for Saudi citizens.

Newline Group, a leading specialty insurance group, has announced the opening of its new office in Manchester.

CeresAI, a data and analytics provider, has completed a Series D funding round led by Remus Capital, as it looks to help lenders and insurers reduce farming risks through advanced technology.

Solace, a digital health platform, has announced that it has raised $14m in its Series A funding round.

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.