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Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant step in its global growth ambitions.

Previsico raises Series A to expand flood forecasting reach

Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant...
Singaporean InsurTech bolt has announced the launch of a conversational and workflow AI agent designed to help property and casualty (P&C) agencies streamline operations, increase responsiveness, and close more business.

bolt AI for Agencies transforms insurance quoting process

Singaporean InsurTech bolt has announced the launch of a conversational and workflow AI agent designed to help property and casualty (P&C) agencies streamline operations,...
Kalepa, a leading AI company in the insurance sector, has been selected by Hinterland Insurance to deploy its cutting-edge AI underwriting platform and strengthen the MGA’s property and specialty lines divisions.

Kalepa joins forces with Hinterland for AI-driven insurance

Kalepa, a leading AI company in the insurance sector, has been selected by Hinterland Insurance to deploy its cutting-edge AI underwriting platform and strengthen...
Stand, an innovative insurance company, focused on protecting catastrophe-exposed properties, has closed a $35m Series B funding round.

Stand insurance secures $35m Series B to expand in Florida

Stand, an innovative insurance company focused on protecting catastrophe-exposed properties, has closed a $35m Series B funding round. The funding round was led by Eclipse,...
Akur8, the next-generation insurance pricing and reserving solution powered by transparent machine learning, has announced the launch of Rate Repo and Deploy, two new additions to its pricing suite.

Akur8 launches Rate Repo and Deploy platform tools

Akur8, the next-generation insurance pricing and reserving solution powered by transparent machine learning, has announced the launch of Rate Repo and Deploy, two new...
Insurers are dreaming of AI, but many are still anchored to outdated systems. A 2024 Novidea survey found that 41% of insurance professionals admit their core systems haven’t been updated in over five years. Even more striking, 76% of large firms rely on six or more systems, and nearly a fifth operate with ten or more. This tangled web of legacy technology undermines data quality, security, and scalability, threatening the very potential of AI to transform business.

Inside insurance’s legacy tech problem

Insurers are dreaming of AI, but many are still anchored to outdated systems. A 2024 Novidea survey found that 41% of insurance professionals admit...
“Non-life insurance poses little to no money laundering risk.” For years, this belief shaped global regulatory priorities. Life insurance remained under strict anti-money laundering (AML) oversight, while general insurance received limited attention. But as criminal methods evolve, so too must the approach to AML in non-life insurance.

Non-life insurance: AML risk is underestimated

“Non-life insurance poses little to no money laundering risk.” For years, this belief has shaped global regulatory priorities. Life insurance remained under strict anti-money...
Incept, a UK-based InsurTech firm specialising in real estate underwriting solutions, has launched to transform the property transaction process.

Incept launches to revolutionise property deals

Incept, a UK-based InsurTech firm specialising in real estate underwriting solutions, has launched to transform the property transaction process. The new solution was created to...
LexisNexis® Risk Solutions, a leading data, analytics and technology provider, has announced the launch of its Home Claims Insights dashboard within the LexisNexis® Insurance Market Insights platform.

LexisNexis Insurance Market Insights adds home claims tool

LexisNexis® Risk Solutions, a leading data, analytics and technology provider, has announced the launch of its Home Claims Insights dashboard within the LexisNexis® Insurance...
RedClick and EIS, a global provider of cloud-native core software for insurers, have extended their partnership to further innovate and simplify insurance experiences for customers and partners.

RedClick and EIS expand partnership to enhance insurance

RedClick and EIS, a global provider of cloud-native core software for insurers, have extended their partnership to further innovate and simplify insurance experiences for customers...

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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