Company News

Mercury Insurance has launched a usage-based insurance app, MercuryGO, that it said could save customers up to 40% or more on auto insurance.

Boost Insurance has selected Five Sigma to build in its in-house claims operations with an agile, SaaS-based solution and scalable business model.

Hyer, a leading on-demand labour app connecting businesses to independent workers in the gig economy, has partnered with payroll and financial services provider Catch to extend modern benefits to independent contractors.

Swedish FinTech Northmill Bank has acquired payments firm Moreflo for an undisclosed amount.

In digital transformation initiatives, claims experiences have often been neglected due to the fact they are an expense and not a value driver. However, improving customer experience in these processes could be the secret to keeping more clients. One of the companies pioneering this charge is Benekiva.

Subscription management platform Chargebee has boosted its valuation to $3.5bn after it raised $250m in investment.

Cyber risk management InsurTech KYND reveals that although dark web monitoring can be useful when a data breach has occurred, data breach monitoring should be the first port of call.

As the wealth management industry continues to become more competitive, the need to establish your company as the go-to wealth manager becomes ever more vital.

FinTech start-up Rewire, which develops an online financial services platform for expatriate workers, has partnered with InsurTech Quover and insurer AIG to protect its customers.

Low-code accounting platform LemonEdge has bagged $4m from a funding round led by Blackstone Innovation Investments.