Commercial/Enterprise Insurance

Pit raises $16m to build AI enterprise software

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...
OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims services and reshape how insurers handle motor and mobility-related claims.

OCTO and Sedgwick partner to transform claims with telematics

OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims...
Corgi, an InsurTech focused on emerging technology risks, has launched a new AI Insurance Coverage product designed to protect businesses from financial and legal exposure linked to artificial intelligence systems, as adoption accelerates across industries.

Corgi launches AI insurance product to cover emerging risks

Corgi, an InsurTech focused on emerging technology risks, has launched a new AI Insurance Coverage product designed to protect businesses from financial and legal...
Wopta Assicurazioni has raised €5m in fresh funding, pushing total capital secured since 2022 beyond €20m and valuing the Italian InsurTech at over €100m.

Wopta lands €5m to scale phygital insurance platform

Wopta Assicurazioni has raised €5m in fresh funding, pushing total capital secured since 2022 beyond €20m and valuing the Italian InsurTech at over €100m. The...
InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a unified core insurance suite and accelerate digital transformation for insurers across emerging markets.

InsureMO integrates Upsure to streamline insurer tech stacks

InsureMO, an API, data and AI-driven insurance platform, has added Upsure, a provider of core insurance software, to its partner ecosystem to deliver a...
Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a self-service, digital-first claims experience for policyholders.

Insly unveils self-service claims portal with AI tools

Insly, an enterprise-grade insurance software provider, has launched a new AI-enabled claims portal designed to help insurers and managing general agents (MGAs) deliver a...
Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and reduces costs when vehicles operate in autopilot mode, in partnership with Tesla.

Roamly launches FSD insurance for autonomous fleets

Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and...
Allianz UK and LV= have agreed a new multi-year partnership to continue distributing home, motor and pet insurance under the LV= brand.

Allianz and LV= deepen UK retail insurance partnership

Allianz UK and LV= have agreed a new multi-year partnership to continue distributing home, motor and pet insurance under the LV= brand. The agreement supports...
Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen Commercial Vehicles.

Volkswagen Financial Services UK partners Wrisk on van insurance offering

Volkswagen Financial Services UK, the financial arm of the group, has appointed InsurTech firm Wrisk Transfer Limited as its preferred insurance provider for Volkswagen...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business expands AI strategy with ChatGPT insurance app launch

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...

News Stories

The $bn water risk problem insurers can no longer ignore

The billion dollar water risk problem insurers can no longer ignore

Water damage remains one of the most underestimated risks facing modern buildings, creating significant challenges for insurers, property owners and facilities managers as hidden...
FinTech

Investors turn up the heat with $1.9bn raised in FinTech this week

Across the 19 deals reported on by FinTech Global this week, there was a grand total of $1.95bn raised by FinTech firms, reflecting a...
Why banks can't afford years-long payments overhauls

Why banks can’t afford years-long payments overhauls

Payments modernisation has become the defining boardroom debate in banking, and according to Tieto, the banks that move in months rather than years will...
Why the annual review may become a premium service

Why the annual review may become a premium service

The annual review is itself under review, and according to WealthTech provider Ortec Finance, the commercial consequences could be profound. The Financial Conduct Authority's consultation...
Why affidavits of unchanged status matter for W-8 compliance

Why affidavits of unchanged status matter for W-8 compliance

Firms handling cross-border payments face mounting pressure to keep payee documentation accurate, and according to compliance specialist Comply Exchange, affidavits of unchanged status are...

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