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Manchester-based InsurTech Veridox has raised in a funding round led by Outward VC, with Solly Solomou, founder and CEO of social media giant LADbible, joining through his Solo Investments Holdings vehicle.

Radian acquires Inigo for $1.7bn to expand specialty insurance

Radian Group Inc., the US-listed mortgage insurance provider, has agreed to acquire London-based Inigo Limited, a specialty insurer operating within the Lloyd’s market, in...
Southern Oak Insurance Company, a Florida-based insurer, has partnered with ZestyAI, an artificial intelligence-driven property risk analytics platform, to strengthen its visibility into property condition and exposure across its homeowners portfolio.

Southern Oak partners with ZestyAI to boost property risk insights

Southern Oak Insurance Company, a Florida-based insurer, has partnered with ZestyAI, an artificial intelligence-driven property risk analytics platform, to strengthen its visibility into property...
Bamboo Insurance, a California-based InsurTech provider of homeowners insurance, has entered into a partnership with Accredited, a specialty insurance platform, to expand protection for homeowners across the state.

Accredited backs Bamboo Insurance’s new California product

Bamboo Insurance, a California-based InsurTech provider of homeowners insurance, has entered into a partnership with Accredited, a specialty insurance platform, to expand protection for...
TransferGo, the global FinTech serving over 9m users across more than 160 countries, has expanded its collaboration with tell.money, a London-based open banking platform provider.

AF Specialty joins Accelerant to boost insurance ecosystem

Accelerant Holdings, a specialty insurance risk exchange, has formed a new partnership with AF Specialty, the specialty programme division of Michigan-based AF Group. The collaboration...
Canopius, a global specialty (re)insurer, has partnered with Kalepa, an underwriting technology provider, to strengthen its US operations and accelerate growth through artificial intelligence.

Kalepa’s AI platform to drive Canopius US growth

Canopius, a global specialty (re)insurer, has partnered with Kalepa, an underwriting technology provider, to strengthen its US operations and accelerate growth through artificial intelligence. The...
New Assurant tool streamlines loan origination process

New Assurant tool streamlines loan origination process

Assurant has launched HOIVerify Origination, a new platform designed to automate insurance verification during mortgage loan origination. The Fortune 500 global protection company said the...
Kin raises $50m Series E and $200m debt to expand home insurance coverage across the US. Read more on their growth plans today.

InsurTech Kin secures $50m Series E to expand US coverage

Kin, a Chicago-based digital home insurance provider, has completed an oversubscribed $50m Series E round, to continue its expansion across the United States. The  tranche...
Allianz UK, a leading general insurer, has partnered with Evoque Group Limited, a zero to landfill solutions specialist, to advance its sustainability strategy in claims management.

Allianz UK partners Evoque to drive zero landfill claims

Allianz UK, a leading general insurer, has partnered with Evoque Group Limited, a zero to landfill solutions specialist, to advance its sustainability strategy in...

Why should insurance firms adopt agentic AI?

A broker stares at a half-filled quote form, wondering why it hasn’t progressed. A policyholder checks the claim status for the fifth time, frustrated...
Sola, an Atlanta-based InsurTech startup, has secured $8m in Series A funding to accelerate its creation of the first vertically integrated property insurance company.

Sola raises $8m to expand vertically integrated property insurance

Sola, an Atlanta-based InsurTech startup, has secured $8m in Series A funding to accelerate its creation of the first vertically integrated property insurance company. 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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