InsurTech

Cybersecurity and InsurTech startups behind many of the 27 rounds raised last week

Of the 26 FinTech companies to raise rounds in the last seven days, cybersecurity and InsurTech companies enjoyed the most cash injections.

Origami Risk partners with Gradient to offer customers with claims and pricing tools

Risk and insurance SaaS company Origami Risk has established a strategic partnership with Gradient, which will give its customers access to claims and policy modelling capabilities.

Kin Insurance closes $35m Series B as it looks to expand across the US

Home insurance platform Kin Insurance has closed its Series B round on $35m, which was led by Commerce Ventures.

High Definition Vehicle Insurance pulls in $16m Series A

Commercial auto insurance startup High Definition Vehicle Insurance (HDVI) has netted $16m in its Series A round.

Spin Technology releases cyber liability insurance product

Spin Technology has released a cyber liability insurance service to help companies cope with the rising threats online.

Bambi Dynamic bags $6m to bolster its mobility insurance offering

On the back of its new funding round, InsurTech Bambi Dynamic wants to update car insurance for a modern world where ownership might be a thing of the past.

Payments company Vitesse nets £6.6m in its Series A

Cross-border B2B payments company Vitesse has netted £6.6m in its Series A round , which was led by Octopus Ventures.

InsurTech the Demex Group bags $4.2m in seed funding

Climate risk InsurTech the Demex Group has secured $4.2m in a seed funding round led by Anthemis and IA Capital Group.

Clara Insurance rebrands to Brella after extending its seed round

Clara Insurance has rebranded to Brella Insurance, in tandem with the close of a $1.5m funding round.

Could AI be at the forefront of digitalisation for insurance

Currently business is not normal, but it might be fostering the rapid development of artificial intelligence (AI) technology.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

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