Company News

Scanbot SDK and Cypher Robotics have announced a strategic partnership aimed at enhancing warehousing and inventory processes across various industries.

The FinTech sector has recorded its second week of investment below $500m across 20 deals reported on by FinTech Global. Up to $434m was recorded...

Underwriting has often been considered the bedrock in which insurance policies are built upon. Coupled with a rigid loss control strategy, these tenets make up the heartbeat of the insurance industry, shaping its trajectory and resilience in the face of evolving challenges. A host of insurance industry experts delved into the changing roles of underwriting and loss control and discussed the future of risk engineering.

NX Technologies, an automative payments firm, has secured approximately $24m in a recent Series B investment.

Zoom, a leading company in video-first unified communications, has expanded its offerings with the launch of Zoom Compliance Manager.

LeakSignal, a provider of microservices cybersecurity solutions, has successfully secured $1.6 million in an oversubscribed seed funding round.

Blink Parametric and Zurich Insurance in Asia Pacific have teamed up to offer a flight delay solution that will provide customers with real-time flight delay benefits.

mTek, a Kenyan-based InsurTech firm, has secured an investment of $1.25m (KSh 167.8m) to advance its expansion plans within the Kenyan and East African insurance markets.

In the ever-evolving landscape of banking, financial services, and insurance (BFSI), a groundbreaking movement is underway, poised to revolutionise traditional operations and service delivery. At the forefront of this transformation is Intelligent Process Automation (IPA) – a pioneering blend of Artificial Intelligence (AI) and advanced process automation technologies. IPA is not merely an incremental improvement; it represents a paradigm shift, specifically engineered to automate written inquiries. InsurTech firm Simplifai investigates this pioneering technology. 

Chaucer Insurance, a specialty insurer and reinsurer, has joined forces with Gabriel, a Tel Aviv-based technology company, to introduce a pioneering insurance product designed specifically for mass shooting events.