Consumer Platforms

Arthur J. Gallagher & Co., a global insurance brokerage, has announced the acquisition of Australia-based Prasidium Credit Insurance.

Arthur J. Gallagher & Co. bolsters Australian trade credit offerings with Prasidium acquisition

Arthur J. Gallagher & Co., a global insurance brokerage, has announced the acquisition of Australia-based Prasidium Credit Insurance.
Nexus Underwriting, a specialty managing general agent, has appointed Steve Willett as its new Development Head.

Nexus Underwriting announces new development head to lead global expansion

Nexus Underwriting, a specialty managing general agent, has appointed Steve Willett as its new Development Head.
Macquarie Insurance Facility is set to enhance its insurance offerings following its recent approval as a Lloyd’s coverholder and a newly established binding authority agreement with Mosaic Insurance.

Macquarie partners with Mosaic Insurance and gains Lloyd’s coverholder status

Macquarie Insurance Facility is set to enhance its insurance offerings following its recent approval as a Lloyd’s coverholder and a newly established binding authority agreement with Mosaic Insurance.
Zywave, a leading InsurTech provider, has unveiled its latest offering, Cyber Quoting, aimed at simplifying insurance distribution processes.

Zywave launches Cyber Quoting platform to enhance insurance distribution processes

Zywave, a leading InsurTech provider, has unveiled its latest offering, Cyber Quoting, aimed at simplifying insurance distribution processes.
https://symfa.com/blog/how-to-develop-dynamic-pricing-software-insurance

How AI-backed dynamic pricing is transforming insurance sales

In a constantly evolving landscape, insurance businesses grapple with macroeconomic trends impacting profitability and sustainability. From shifts in claims costs driven by inflation to the escalating risks posed by climate change, insurers face multifaceted challenges. State Farm and Allstate's retreat from California's home insurance market due to wildfire risks underscores the severity of these challenges.
Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.

Stephen Pike to head new credit insurance venture backed by Investor Beat Capital Partners

Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.
Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer their Cyber Insurance to Acronis' small and medium-sized business customers in the US.

Mulberri and Acronis join forces to offer embedded cyber insurance to US SMBs

Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer Mulberri’s Cyber Insurance to Acronis' small and medium-sized business customers in the US.
The insurance industry is undergoing a transformative shift, propelled by the integration of Artificial Intelligence (AI). As insurers grapple with increasingly complex claims and rising customer expectations, AI has emerged as a potent tool to streamline processes, enhance accuracy, and elevate customer satisfaction levels. However, amidst the plethora of AI solutions available, selecting the right option for claims management is not a simple task, as the AI automation platform Simplifai explains.

How to choose the best AI solution for claims management

The insurance industry is undergoing a transformative shift, propelled by the integration of Artificial Intelligence (AI). As insurers grapple with increasingly complex claims and rising customer expectations, AI has emerged as a potent tool to streamline processes, enhance accuracy, and elevate customer satisfaction levels. However, amidst the plethora of AI solutions available, selecting the right option for claims management is not a simple task, as AI automation platform Simplifai explains.
AKKO, a premier provider of modern device insurance solutions, has proudly announced its acquisition of Upsie, an innovative player in the device insurance market.

AKKO announces acquisition of Upsie to cement market position

AKKO, a premier provider of modern device insurance solutions, has proudly announced its acquisition of Upsie, an innovative player in the device insurance market.
HDI Global, an industrial insurer renowned for its long-term partnerships with large industrial clients globally, is extending its services to the mid-market segment.

HDI Global aims to extend services to mid-market segment

HDI Global, an industrial insurer renowned for its long-term partnerships with large industrial clients globally, is extending its services to the mid-market segment. With a...

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week