Company News

InsurTech is evolving rapidly. The sector has flourished over the past few years and new trends are always taking centre stage. To stay ahead...

Digital pay-as-you-go insurance provider DeadHappy have raised a £4m Series A round from venture capital firms e.ventures and Octopus Ventures.

Super.com, a ‘super’ savings app, has revealed that it has raised $85m in a Series C fundraising round headed by Inovia Capital.

Amazon has officially announced the closure of its Amazon Insurance Store initiative, following strong hints from earlier this year. 

UK-based FinTech Monva has secured £451,905 in fundraising on crowdfunder Crowdcube – more than double its original target.

Sparebanken Møre, a Norwegian savings bank, hopes to become a leading player in the wealth management space. To achieve this, it is working with TietoEVRY and its WealthMapper solution.

Claims-management tech firm ACD’s technology is helping third-party administrator Carl Warren & Company manage and streamline the company’s national physical damage appraisal process.

Aveni claims it is leading a ‘new era of risk assurance’ by enabling 100% digitisation and automation of the Quality Assurance process.

In a constantly evolving landscape, insurance businesses grapple with macroeconomic trends impacting profitability and sustainability. From shifts in claims costs driven by inflation to the escalating risks posed by climate change, insurers face multifaceted challenges. State Farm and Allstate's retreat from California's home insurance market due to wildfire risks underscores the severity of these challenges.

A survey by data analytics company FICO has found up to 4% of UK consumers believe their identity has been stolen online.