InsurTech

Martello Re Limited, an asset-intensive reinsurer, has successfully closed a second round of equity funding, raising $935m from both existing and new shareholders.

Asset-intensive reinsurer Martello Re secures $935m in equity funding round

Martello Re Limited, an asset-intensive reinsurer, has successfully closed a second round of equity funding, raising $935m from both existing and new shareholders.
Carbon Underwriting Limited, a specialist and independent managing general underwriter, announces the launch of its second syndicate, Syndicate 5757, following approval from Lloyd’s.

Carbon Underwriting launches innovative Syndicate 5757 with Lloyd’s approval

Carbon Underwriting Limited, a specialist and independent managing general underwriter, announces the launch of its second syndicate, Syndicate 5757, following approval from Lloyd’s.
The Microinsurance Network (MiN), a non-profit association, has announced the appointment of Matthew Genazzini as its new executive director, effective 1 October 2024.

Microinsurance Network appoints Matthew Genazzini as new executive director

The Microinsurance Network (MiN), a non-profit association, has announced the appointment of Matthew Genazzini as its new executive director, effective 1 October 2024. Genazzini, a...
Akur8 and Mutual Capital Analytics partner to revolutionize insurance pricing with AI

Akur8 and Mutual Capital Analytics partner to revolutionize insurance pricing with AI

Akur8 and Mutual Capital Analytics have announced a strategic partnership aimed at transforming insurance pricing through advanced, AI-driven technologies.
London-based InsurTech, Wrisk, has announced a 219% year-on-year revenue growth in H1 2024.

London-based InsurTech Wrisk sees remarkable 219% YoY revenue growth in H1

London-based InsurTech, Wrisk, has announced a 219% year-on-year revenue growth in H1 2024.
While the impact of last week's CrowdStrike outage is yet to be fully understood, it serves as an opportunity for C-suite and other business decision-makers to think through technology dependencies and the steps necessary to respond to this outage – as well as to mitigate related risks in future.

CrowdStrike outage: The key lessons

While the impact of last week's CrowdStrike outage is yet to be fully understood, it serves as an opportunity for C-suite and other business decision-makers to think through technology dependencies and the steps necessary to respond to this outage – as well as to mitigate related risks in future.
Floodbase, a leading provider of flood analytics and data solutions, has announced the launch of its rapid flood response data product.

Floodbase launches rapid flood response data product for real-time disaster management

Floodbase, a leading provider of flood analytics and data solutions, has announced the launch of its rapid flood response data product.
Plum, one of India’s leading InsurTech platforms, has launched Plum Perks, a comprehensively curated suite for healthcare and wellness benefits for employees.

Plum launches suite to provide comprehensive healthcare benefits for employees

Plum, one of India’s leading InsurTech platforms, has launched Plum Perks, a comprehensively curated suite for healthcare and wellness benefits for employees.
One Inc, the leading digital payments network for the insurance industry, has announced that Selective Insurance, a prominent business, home, and auto insurer, has selected its ClaimsPay® digital payment solution.

Selective Insurance and One Inc partner to revolutionise claims payment process

One Inc, the leading digital payments network for the insurance industry, has announced that Selective Insurance, a prominent business, home, and auto insurer, has selected its ClaimsPay® digital payment solution.
Cytora, the leading digital risk processing platform, has partnered with Gamma Risk to help insurers map out commercial property risk assessment.

Cytora and Gamma Risk partner to enhance commercial property risk evaluation for insurers

Cytora, the leading digital risk processing platform, has partnered with Gamma Risk to help insurers map out commercial property risk assessment.

News Stories

Wealth portfolios have grown dramatically more complicated over the past decade. Across family offices, private banks and asset managers, investments now stretch well beyond traditional equities and bonds.

Building a single source of truth for modern wealth portfolios

Wealth portfolios have grown dramatically more complicated over the past decade. Across family offices, private banks and asset managers, investments now stretch well beyond...
Ireland

Bank of Ireland UK fined £3.78m for CoP delay

The Payment Systems Regulator (PSR) has fined Bank of Ireland UK £3,779,300 after the lender failed to implement Confirmation of Payee (CoP) by its...
AI

Senior leaders warn of critical AI compliance shortfall

Financial services leaders have sounded the alarm over a significant absence of AI governance standards in the UK, with new research from Zango AI,...
Palana

Palana S.A. merges Avanterra to create RegTech leader

Palana S.A., a Luxembourg and London-based regulatory, compliance and technology group serving the European financial services industry, has completed the merger of Avanterra and...
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

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

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