Company News

Sapiens, provider of software solutions for the insurance industry, has partnered with cloud-based SaaS provider Charlee to leverage artificial intelligence (AI) and machine learning (ML) for property & casualty (P&C) insurers.

Italy’s Generali is to acquire insurance company La Médicale as it looks to expand its health and protection lines and the overall property & casualty (P&C) business in France.

Assurity Life Insurance Company has launched criticalillness.com, a complete self-service platform for buying critical illness insurance.

Socotra, a cloud-native platform for insurers, has partnered with Spixii to enable insurers to integrate Spixii’s conversational automation with Socotra’s core platform, a report by Coverager has revealed.

Challenger bank KOHO has raised C$210m from a Series D funding round as the company continues on its upward growth trajectory.

Cybersecurity company Passage has secured $4m from a funding raise after emerging from a period of stealth.

Investments into Climate FinTech companies raised $1.2bn in 2021, which is three-times higher than all of the previous years combined, a new report from CommerzVentures claims.

Cybersecurity firm PlexTrac has secured $70m from a Series B funding round headed by Insight Partners.

A new report by the UK’s Treasury Select Committee has called on the government to work harder to tackle the ‘growing fraud epidemic’ in the UK.

Research by Splitit has found that 54% of UK credit card users plan to use buy now, pay later (BNPL) services this year.