Kinsu to close down InsurTech app
Kinsu – an InsurTech for gadgets, bikes, and home content coverage – has announced that it is closing down its mobile app. The start-up has...
AppDetex nets $10m in Series B to support national sales efforts expansion
AppDetex, a digital risk protection service, has netted $10m in its Series B equity round, which will support the expansion of its national sales...
IDB Bank picks NICE Actimize to bolster AML processes
Autonomous financial crime management company NICE Actimize has been selected by Israel Discount Bank of New York (IDB Bank) to aid its AML processes.
Arch Insurance invests into InsurTech startup Archipelago
Arch Insurance International has made an undisclosed investment into MGA InsurTech startup Archipelago Risk Services.
Cybersecurity company NS8 closes $28m funding round led by Edison Partners
US-based e-commerce security and website performance company NS8 has closed a $28m funding round which was led by Edison Partners.
BriteCo raises $2m seed round to cover jewelry and luxury watch market
BriteCo – an InsurTech for the jewellery and luxury watch market – has raised $2m through its seed round. The company has secured investments from Trunk Club founder Brian...
MercadoLibre raises $2bn amid share offering, Paypal, Dragoneer invests
Latin American e-commerce platform MercadoLibre has raised $2bn from a public share offering and direct investments from PayTech giant PayPal among others. The company offered around $1.15bn of...
Technology developer Capgemini joins Hartford InsurTech Hub
Capgemini, a provider of consulting, technology and digital transformation services, has joined the Hartford InsurTech Hub.
Nationwide, Slice Labs partner to offer insurance for ride-share drivers
Nationwide has partnered with on-demand insurance startup Slice Labs to create an on-demand insurance solution for drivers working for a transportation network companies (TNC).
Why insurance is not ready for blockchain or AI
Insurance companies need to focus on digitalisation and utilising data’s full potential, before worrying about AI and blockchain technology, according to Insly founder and CEO Risto Rossar.