Consumer Platforms

Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has launched a comprehensive ecosystem tailored for the global insurance industry.

Duck Creek Technologies launches Marketplace to revolutionise insurance payments

Duck Creek Technologies, a global provider of intelligent solutions for property and casualty (P&C) and general insurance, has launched a comprehensive ecosystem tailored for...
Faura, an innovative InsurTech company specialising in loss control solutions for natural disasters, has been selected to join Guidewire's Insurtech Vanguards program.

Faura joins Guidewire’s Insurtech Vanguards program

Faura, an innovative InsurTech company specialising in loss control solutions for natural disasters, has been selected to join Guidewire's Insurtech Vanguards program. This initiative, led...
Ushur, a leader in customer experience automation for regulated industries, has announced the appointment of Deepak Vedarthan as senior vice president of customer success.

Ushur appoints Deepak Vedarthan as senior vice president of customer success

Ushur, a leader in customer experience automation for regulated industries, has announced the appointment of Deepak Vedarthan as senior vice president of customer success. In...
San Diego-based XILO, an InsurTech company providing quoting software for independent insurance agencies, has raised $7.2m in its latest Series A funding round.

XILO raises $7.2m to enhance digital quoting solutions for insurance agencies

San Diego-based XILO, an InsurTech company providing quoting software for independent insurance agencies, has raised $7.2m in its latest Series A funding round. The investment...
Policy Expert, one of the UK’s leading personal lines insurers covering home, motor, and pet insurance, has appointed Mark Wilson as its new chair.

Policy Expert appoints former Aviva CEO Mark Wilson as new chair

Policy Expert, one of the UK’s leading personal lines insurers covering home, motor, and pet insurance, has appointed Mark Wilson as its new chair. The...
Trucordia, a leading insurance provider with a team of 5,000 professionals, has announced the acquisition of CADA Insurance Services’ insurance business, further strengthening its presence in Louisiana.

Trucordia acquires CADA Insurance Services to expand footprint in Louisiana

Trucordia, a leading insurance provider with a team of 5,000 professionals, has announced the acquisition of CADA Insurance Services’ insurance business, further strengthening its...
A recent report by Capgemini highlights that 62% of insurance executives acknowledge AI and machine learning as crucial for enhancing underwriting quality and reducing fraud. However, only 43% of underwriters consistently trust predictive analytics recommendations. This discrepancy raises an essential question: how can AI truly transform underwriting, and what trends are driving its adoption in the InsurTech industry? Custom software development company Symfa investigates.

How AI is revolutionising underwriting

A recent report by Capgemini highlights that 62% of insurance executives acknowledge AI and machine learning as crucial for enhancing underwriting quality and reducing...
Brooks Insurance, a nationally recognised wholesale insurance brokerage, has announced the appointment of Tiffani Ann Garabedian as senior vice president of underwriting, effective immediately.

Brooks Insurance expands underwriting division with key hire

Brooks Insurance, a nationally recognised wholesale insurance brokerage, has announced the appointment of Tiffani Ann Garabedian as senior vice president of underwriting, effective immediately. Garabedian...
Home insurance startup Openly, which specialises in distributing policies through independent agents, has secured $193m in a growth financing round to fuel its expansion efforts.

InsurTech firm Openly secures $193m to expand homeowners’ insurance

Home insurance startup Openly, which specialises in distributing policies through independent agents, has secured $193m in a growth financing round to fuel its expansion...
Alta Signa has added Westfield Specialty International to its insurance capacity panel, enhancing its ability to underwrite Directors & Officers (D&O) and Financial Institutions (FI) risks across the European Economic Area (EEA) and Switzerland.

Alta Signa expands insurance capacity with Westfield Specialty International partnership

Alta Signa has added Westfield Specialty International to its insurance capacity panel, enhancing its ability to underwrite Directors & Officers (D&O) and Financial Institutions (FI) risks across the European Economic Area (EEA) and Switzerland.

News Stories

Napier AI names top markets for AI-driven AML compliance

Napier AI names top markets for AI-driven AML compliance

Financial crime compliance is undergoing a significant transformation, and according to Napier AI, the markets that are making the most meaningful progress are those...

FinTech funding continues strong run with over $800m raised this week

There was 22 deals recorded in the FinTech sector this week, with a total of $806.2m raised across all deals. This represented a considerable...

SEC settlement: what investment managers must know

The US Securities and Exchange Commission (SEC) has settled with a Florida-based investment manager over fraud and misleading investor disclosures, serving as a stark...
AI in wealth management: closing the implementation gap

AI in wealth management: closing the implementation gap

Despite widespread recognition of artificial intelligence as the defining technology of our era, the wealth management sector remains caught in a frustrating paradox: ambition...
CaixaBank launches GlobalView wealth aggregator

CaixaBank launches GlobalView wealth aggregator

CaixaBank has launched GlobalView, a financial positions aggregator that allows its wealth management clients to consolidate and analyse holdings across multiple financial institutions through a...

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