Company News

Paris-based Flowdesk, a beacon in the FinTech industry, announced a significant milestone by raising €46m in Series B funding.

Ortec, a Netherlands-based leader in decision support software and data science capabilities, has recently secured investment. 

Lincoln Financial Group has partnered with tech-enabled life insurance brokerage Modern Life to accelerate digital transformation in insurance.

Trading and digital wallet company Bittrex Global has announced that customers in 125 more countries will be able to use its services as part of the crypto exchange's expansion.

In a report by the NCSC, a warning has been issued about the growing threat of ransomware amplified by AI advancements.

Bharatsure, a Mumbai-based Insurtech startup specialising in Infrastructure-as-a-Service (IaaS) solutions, has secured $1m in its latest funding round.

Allianz X, the digital investments arm of Allianz Group, is to acquire 100% of the shares in InsurTech simplesurance.

InsurTech platform Hi Marley has expanded the pilot programme of its claims text messaging solution with Plymouth Rock Assurance.

Small business lender BlueVine has picked up $75m in a warehouse credit line from investment management firm Fortress Credit.

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.