Data/Intelligence News - FinTech Global

Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of taps. Buying insurance, by contrast, often feels like stepping back a decade. The process slows, the questions multiply, and what should be simple quickly becomes something to work through rather than complete.

Why most insurance quotes are abandoned — and how insurers can fix it

May 5, 2026

Booking a flight online takes minutes. Ordering a taxi takes seconds. Even applying for a loan can now be done in a handful of...

The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers shifting from experimentation to real-world deployment. But beneath this global momentum, the UK market tells a more measured story.

Why UK insurance pricing is evolving differently in the age of AI

May 5, 2026

The global insurance industry is moving quickly into an AI-driven future. Pricing, underwriting, and customer engagement are being reshaped at pace, with many insurers...

mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy its Broking Operations products and enhance placement efficiency through digital transformation.

mea Platform and BMS partner on AI broking operations

May 1, 2026

mea Platform, an AI-driven (re)insurance technology provider, has been selected by BMS Group, an independent (re)insurance broker with a strong international presence, to deploy...

Across EMEA, insurers are investing heavily in insurance pricing and AI. Companies are looking to implement faster decisions, more precise pricing, and the ability to compete in a market defined by volatility and regulation. On the surface, progress looks real. New models are built. Data science teams expand. AI pilots are launched. Platforms are upgraded. Yet when it comes to production, very little changes.

Why insurers are struggling to modernise pricing platforms

April 30, 2026

Across EMEA, insurers are investing heavily in insurance pricing and AI. Companies are looking to implement faster decisions, more precise pricing, and the ability...

Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for specialty insurance solutions.

PlayMicro goes live on Markel Connect in Canada

April 29, 2026

Markel Insurance, the insurance division of Markel Group Inc., has launched PlayMicro in Canada via its digital platform Markel Connect, a broker-focused portal for...

H.W. Kaufman Group has partnered with InsurTech firm Optalitix to scale its London Market operations through its Burns & Wilcox platform.

Optalitix partners Kaufman to bring Lloyd’s pricing into API-driven workflows

April 28, 2026

H.W. Kaufman Group has partnered with InsurTech firm Optalitix to scale its London Market operations through its Burns & Wilcox platform. The collaboration will enable...

Consumer trust in insurance providers is rising across multiple sectors, with car and travel insurance recording the strongest gains.

Insurance trust rises as claims satisfaction hits highest level since 2019

April 28, 2026

Consumer trust in insurance providers is rising across multiple sectors, with car and travel insurance recording the strongest gains. The improvement comes as claims satisfaction...

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade, the sector has made notable progress in areas such as digital distribution, API connectivity, embedded insurance, and the modernisation of agency management systems. However, beneath these advancements lies a growing concern, according to Producerflow.

Producer data chaos could derail InsurTech growth

April 27, 2026

The first wave of the InsurTech revolution has delivered significant innovation, but it has also left critical structural gaps unresolved. Over the past decade,...

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Rewiring producer licensing for speed and scale

April 24, 2026

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA partners DataCrest to boost quoting efficiency with AI intake

April 24, 2026

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...