London-based InsurTech Eleos raises $4m to propel US expansion plans
London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market.
WTW subsidiary Verita launches workers compensation coverage
Verita, a WTW subsidiary, has introduced a new workers' compensation offering to enhance its portfolio of insurance products.
reThought Flood joins AAIS Partner Program to enhance US flood insurance coverage
The American Association of Insurance Services (AAIS), a prominent organisation in the insurance industry, has welcomes reThought Flood to the AAIS Partner Program.
Co-op Insurance launches new renters product with Urban Jungle
Co-op Insurance, a renowned insurance provider, has partnered with Urban Jungle to launch a new renters product designed to to provide better value and protection for renters.
Corporate treasurers abandoning banks due to lengthy onboarding processes
Encompass's recent research has uncovered alarming statistics regarding corporate treasurers' dissatisfaction with banking applications.
86% of firms and 74% of consumers embrace instant payments in 2023
A study by the Federal Reserve has revealed trends in the adoption of digital, faster, and instant payment services among firms and consumers in the US.
UK and Singapore renew commitment to FinTech cooperation
The UK and Singapore have reaffirmed their dedication to collaborative efforts in sustainable finance and FinTech innovation.
Front Street Re names Edison Fong as its new CEO
Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).
Machine identity startup Token Security raises $7m in seed round
Token Security, a machine identity startup, has secured $7 million in seed funding, signalling a step forward in its mission.
Base10 partners leads $4.5M funding round in Greenboard
Greenboard, a compliance and operations software company for financial services, has announced the completion of its seed funding round, raising $4.5m.