FOXO to go public for modern life insurance
FOXO Technologies, a technology company applying epigenetic science and AI to modernise the life insurance industry, has entered into a definitive merger agreement with special purpose acquisition company Delwinds Insurance Acquisition Corp.
Revolutionary fraud defense: DataVisor unveils its AI co-pilot solution
DataVisor, renowned as the globe's top AI-driven fraud and risk platform, has stepped into the spotlight once again.
In a bid to dramatically boost the...
Over 69% of firms boost security spending amid rising online threats
Infosecurity Europe 2024 has unveiled critical findings from its recent research into cybersecurity budget trends across organisations.
Konsentus launches PSD2 open banking sandbox
UK-based Konsentus has launched its FinTech sandbox to help financial institutions with PSD2 open banking compliance.
Fiat-to-crypto gateway aggregator Onramper snares $6m seed
Onramper, a company aiming to provide crypto-enabled applications with an easy-to-use fiat onramp, has inked $6m from a seed funding round.
3 trends driving digital transformation in insurance in 2022
As the world settles into 2022, cloud-based InsurTech Novidea has outlined the three major trends it expects to drive digital transformation this year.
Red Flag nets €1.6m in funding
Finance management platform Red Flag has reportedly netted €1.6m in a funding round, according to a report by DiGITAL.
LogDNA closes $25m Series B led by Emergence Capital
LogDNA, a log monitoring and analytics platform, has closed its Series B round on $25m with Emergence Capital leading the round.
InsurTech innovator Federato lands $25m investment led by Caffeinated Capital
Federato, an innovative InsurTech firm, introduced as the insurance industry's premier RiskOps underwriting platform, disclosed today a successful $25m Series B fundraising round.
The role of Machine Learning explainability in insurance
In the dynamic realm of insurance, a silent revolution is underway, orchestrated not by charismatic CEOs or flamboyant disruptors but by the enigmatic force of machine learning (ML). These complex algorithms have become insurance industry oracles, predicting claims and determining premiums with uncanny accuracy.