InsurTech

Zego, the InsurTech startup, claims to have become the first British business in the sector to acquire an insurance licence.

The cost of living crisis in the UK has contributed to a dramatic increase in insurance fraud, with a surge of 61% reported, according to the City of London Police's Insurance Fraud Enforcement Department (IFED).

Data analytics provider Verisk have signed a definitive agreement to buy FAST, a software company for the life insurance and annuity industry, for $193.5m

Steadily, America's highly-rated landlord insurance company, announced today that it has successfully raised $28.5m in a Series B funding round.

InsurTech has the potential to offer new revenue streams and to even help restore the public perception of the insurance industry.

Home Instead Ireland, a dedicated provider of person-centred care, is on a pivotal mission to improve the lives of older adults and their families. In 2020, they took a strategic decision to incorporate the ViClarity Quality Management system into their operations. The primary aim was to enhance manual processes related to quality and compliance on both local and national scales.

US-based Figo Pet Insurance has secured a $5m investment which has put its company valuation to $125m.

Tiger Brokers has announced the launch an AI chatbox which has been deemed the first of its kind across the brokerage industry.

CPP Group has partnered with insurance broker Arthur J Gallagher & Co to release a new cyber insurance product for small businesses.

HawkSoft has announced Fize Technology as its newest API Partner integrated with its insurance platform.