Flowdesk secures €46M in Series B to pioneer digital asset trading
Paris-based Flowdesk, a beacon in the FinTech industry, announced a significant milestone by raising €46m in Series B funding.
Dutch firm Ortec secures strategic investment from Battery Ventures
Ortec, a Netherlands-based leader in decision support software and data science capabilities, has recently secured investment.
Modern Life and Lincoln Financial team up for digital insurance
Lincoln Financial Group has partnered with tech-enabled life insurance brokerage Modern Life to accelerate digital transformation in insurance.
Bittrex Global rolls out its credit and debit card service to 125 more countries
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.
Emerging AI tech amplifies ransomware dangers, NCSC warns
In a report by the NCSC, a warning has been issued about the growing threat of ransomware amplified by AI advancements.
Mumbai-based InsurTech Bharatsure bags $1m in latest funding round
Bharatsure, a Mumbai-based Insurtech startup specialising in Infrastructure-as-a-Service (IaaS) solutions, has secured $1m in its latest funding round.
Allianz X to take over simplesurance
Allianz X, the digital investments arm of Allianz Group, is to acquire 100% of the shares in InsurTech simplesurance.
Hi Marley extends pilot with Plymouth Rock Assurance
InsurTech platform Hi Marley has expanded the pilot programme of its claims text messaging solution with Plymouth Rock Assurance.
BlueVine snags $75m credit line from Fortress Credit
Small business lender BlueVine has picked up $75m in a warehouse credit line from investment management firm Fortress Credit.
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.