InsurTech

New York-based InsurTech WithCoverage has raised $42m in a Series B funding round as it looks to challenge traditional, commission-based insurance brokerage models for fast-growing businesses.

WithCoverage raises $42m to disrupt insurance broking

New York-based InsurTech WithCoverage has raised $42m in a Series B funding round as it looks to challenge traditional, commission-based insurance brokerage models for...
Optalitix has entered into a strategic partnership with Dutch managing general agent Intermont to modernise its pricing and underwriting operations and support the MGA’s digital transformation.

Intermont selects Optalitix for pricing transformation

Optalitix has entered into a strategic partnership with Dutch managing general agent Intermont to modernise its pricing and underwriting operations and support the MGA’s...
Insurance firms are experiencing some of the highest delays in data updates and report widespread use of inflexible compliance tools, according to a survey by LSEG Risk Intelligence.

Insurance firms hampered by rigid compliance systems

Insurance firms are experiencing some of the highest delays in data updates and report widespread use of inflexible compliance tools, according to a survey...
Novidea, a global leader in cloud-native insurance management platforms, has partnered with Colmobil, a major distributor of private and commercial vehicles and automotive services provider, to modernise and unify its insurance operations.

Novidea partners with Colmobil to unify insurance operations

Novidea, a global leader in cloud-native insurance management platforms, has partnered with Colmobil, a major distributor of private and commercial vehicles and automotive services...
HDI Global, a corporate and specialty insurer, has launched a representative office in Seoul, Republic of Korea, marking a significant step in its expansion across the Asia–Pacific region.

HDI Global opens Seoul office to expand Asia–Pacific reach

HDI Global, a corporate and specialty insurer, has launched a representative office in Seoul, Republic of Korea, marking a significant step in its expansion...
Santam, Africa’s largest short-term insurer, Alchemy Technology Services, a systems integration specialist, and Buckhill, a cloud-based insurance technology provider, have partnered to launch a new Lloyd’s PAS.

Buckhill powers Santam’s rapid Lloyd’s syndicate launch

Santam, Africa’s largest short-term insurer, Alchemy Technology Services, a systems integration specialist, and Buckhill, a cloud-based insurance technology provider, have partnered to launch a...
Corgi, a US-based InsurTech company focused on building a full-stack, AI-native insurance carrier for startups, has raised $108m in funding following regulatory approval to enter the market.

AI-driven InsurTech Corgi lands $108m funding round

Corgi, a US-based InsurTech company focused on building a full-stack, AI-native insurance carrier for startups, has raised $108m in funding following regulatory approval to...
Insurance organisations looking to manage producer licensing and compliance often consider AgentSync, but the platform may not be the right fit for everyone. AgentSync averages $100,000 per year and requires Salesforce, making it a significant investment.

AgentSync alternatives: which insurance platform wins?

Insurance organisations looking to manage producer licensing and compliance often consider AgentSync, but the platform may not be the right fit for everyone. AgentSync...
Allianz SE, a leading global insurance group, and Anthropic, a US-based AI research company, have entered into a global partnership to accelerate the adoption of responsible AI across Allianz’s operations.

Allianz and Anthropic partner to drive responsible AI

Allianz SE, a leading global insurance group, and Anthropic, a US-based AI research company, have entered into a global partnership to accelerate the adoption...
Insurity, a leading software provider to the property and casualty insurance industry, has appointed Jatin Atre as president.

Insurity names Jatin Atre president to drive AI growth

Insurity, a leading software provider to the property and casualty insurance industry, has appointed Jatin Atre as president. Atre will oversee the company’s growth strategy...

News Stories

How purpose-built AI is transforming compliance from detective controls into preventive controls

As AI rewrites the playbook for financial crime and conduct risk, Behavox founder and CEO Erkin Adylov explains how purpose-built models are shifting compliance...
FinTech

Over $1.1bn raised across funding raises in red-letter week for FinTech

There was over $1.1bn raised across 23 deals this week in the FinTech sector, one of the most powerful weeks for raises seen so...

Ortec Finance’s GLASS PRISM targets insurance portfolio optimisation

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers.
crime

Why real-time intelligence sharing is now a legal must

A decade ago, the notion of regulated financial institutions exchanging crime intelligence in real time felt far-fetched. Legal barriers loomed large, trust between banks...
LSEG launches real-time vessel tracking API

LSEG launches real-time vessel tracking API

London Stock Exchange Group (LSEG) has unveiled a new Vessel Tracking API, developed in collaboration with satellite operator Kinéis and Wood Mackenzie Vesseltracker, offering...

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