InsurTech

Rishi Sunak, the chancellor of the Exchequer, announced a string of new initiatives to boost the InsurTech and FinTech industry as part of his first spring budget.

In today's digital age, document scanning has become a critical tool for both individuals and businesses. But not every scanning solution is created equal. Scanbot SDK has outlined what you need to know when integrating scanning software into your mobile or web application.

With the world being forced to stay indoors and social distance, now is the time for insurers to focus on digitalising as we have “reached a tipping point”, according to digital experience platform ManageMy.

Nomura has disclosed its equity investment in Prismic Life Reinsurance, a Bermuda-based life and annuity reinsurance platform.

As the coronavirus crisis worsens, InsurTech Bestow is launching the Bestow Foundation, a non-profit organisation created to assist those most in need of financial support during a crisis or disaster.

In the evolving landscape of insurance, there is a stark need for adaptation. The rampant shift towards digitalisation has impacted the very core of how insurers operate, but the data-driven wave hasn't been smooth sailing. Underwriters and actuaries, key players in the industry, voice discontent with contemporary processes.

The Financial Conduct Authority (FCA) has confirmed a smattering of temporary measures to help customers who hold insurance and premium finance products and who may be in financial difficulty because of COVID-19.

ManhattanLife Group, a renowned institution in the American insurance arena, has collaborated with Health In Tech, a leading self-funded health plan quoting platform.

MassMutual Ventures has revealed its third $100m venture capital fund, which will invest into FinTech, cybersecurity, enterprise software and digital health companies.

Haba InsurTech, co-founded in 2022 by Constance Oshafi, Stephen Onwe, and Paul Showemimo, is making strides in Nigeria's InsurTech sector.