Tag: UK

Intelligent AI’s novel platform: A remedy for the £340bn commercial property...

The InsurTech industry is witnessing a significant transformation with the launch of Intelligent AI's novel Intelligent Rebuild Cost Validation Platform. This data-driven solution is set to confront the persistent issue of commercial property underinsurance, a problem that costs the UK market £340bn in annual premiums.

Nationwide closes home repair service Anew

Nationwide, a British mutual financial institution, has reportedly closed its virtual home repair system Anew.

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.

Insurance risk management startup Intelligent AI secures £2m

Intelligent AI, which claims to be disrupting insurance risk management with AI and data analytics, has reportedly raised £2m in seed funding.

UK InsurTech DeadHappy collects funds

Digital life insurance startup DeadHappy has reportedly scored $15m in its latest funding round.

Bringing prevention to insurance – Locket eyes crowdfunding

Locket, which identifies as a prevention-first insurance provider, has launched the pre-registration for its latest crowdfunding round.

dacadoo teams with Foresters to launch new wellness platform

InsurTech software developer dacadoo has helped Foresters Financial design and launch a new service aimed at rewarding people for healthy lifestyles.

FCA concerned insurers unprepared for governance regulation

The UK Financial Conduct Authority worries many insurance firms are not prepared for upcoming product governance regulation changes.

InsurTech startup Quotall exceeds crowdfunding target

InsurTech company Quotall has exceeded the target of its crowdfunding campaign, pulling in £356,581, at the time of writing.

Bought By Many raises Series D at $2bn pre-money valuation

UK-based pet insurance company Bought By Many has closed its Series D on $350m, putting its pre-money valuation at $2bn. The capital was supplied by...
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