Infrastructure/Back-end

ELEMENT, Versorgungswerk der Zahnärztekammer Berlin K.d.ö.R., Alma Mundi, InsurTech, insurance technology, cloud-based insurance, white-label insurance products, German Federal Financial Supervisory Authority, BaFin, non-life insurance, funding round, technology platform, investment, financial technology, innovation

ELEMENT, German InsurTech innovator, secures €50m in latest funding round

ELEMENT, a trailblazing InsurTech startup based in Germany, has successfully closed a funding round, securing €50m. The investment comes from notable entities including Versorgungswerk der...
Walnut-insurance-raises-$4m-seed-funding-technology-company-infrastructure-embedded-insurance

Walnut Insurance bags $4m for embedded insurance infrastructure

Walnut Insurance, a technology company that provides infrastructure for embedded insurance, has raised $4m in a seed funding round.

Irys secures $3.5m in seed round amid aims to tackle legacy competitors

Irys InsurTech Inc. has landed $3.5m in its seed funding round, and is now aiming to take on the legacy competitors across the InsurTech space.
In today's fast-paced digital landscape, streamlining insurance processes is a top priority for both insurers and insureds. One significant aspect of this transformation is simplifying document submissions. Allowing insureds to scan and submit documents online via a web portal not only saves valuable time but also increases automatic processing rates. Scanbot SDK explores the implementation of this feature using a Web SDK (Software Development Kit) for document scanning.

Streamlining insurance document submission: The power of web SDKs

In today's fast-paced digital landscape, streamlining insurance processes is a top priority for both insurers and insureds. One significant aspect of this transformation is simplifying document submissions. Allowing insureds to scan and submit documents online via a web portal not only saves valuable time but also increases automatic processing rates. Scanbot SDK explores the implementation of this feature using a Web SDK (Software Development Kit) for document scanning.
Coverdash secures $13.5m in Series A to enhance embedded insurance

Coverdash secures $13.5m in Series A to enhance embedded insurance

Coverdash, a pioneering InsurTech firm focused on startups and small and medium-sized businesses (SMBs), has successfully raised $13.5m in Series A funding.
Nationwide, a leading insurance provider, and EnforcerOne, a specialist in firefighting solutions, have partnered to strengthen fire defence strategies for Nationwide's agriculture clientele.

Nationwide and EnforcerOne join forces to protect agriculture from fire hazards

Nationwide, a leading insurance provider, and EnforcerOne, a specialist in firefighting solutions, have partnered to strengthen fire defence strategies for Nationwide's agriculture clientele.
Singapore-InsurTech-bolttech-series-B-funding-embedded-insurance

Singapore InsurTech unicorn bolttech bags Series B

Singapore-based InsurTech bolttech has secured Series B funding in a round led by Tokio Marine.
pathpoint-launches-streamlined-platform-to-save-agents-time

Pathpoint launches streamlined platform to save agents time

Pathpoint, a digital, modern wholesaler where insurance agents can get bindable small commercial E&S quotes in minutes, has launched PathPay, a new, streamlined platform.
Everest has established a new wholesale division to serve the US excess and surplus (E&S) and programs markets.

Everest launches wholesale-focused insurance operation amid E&S boom

Everest has established a new wholesale division to serve the US excess and surplus (E&S) and programs markets. The global underwriter providing property, casualty, and...
Elevating insurance pricing models: Akur8 introduces derivative lasso for actuarial precision

Elevating insurance pricing models: Akur8 introduces derivative lasso for actuarial precision

In the realm of actuarial science, Akur8 has made a significant stride with the release of their latest research paper titled "Derivative Lasso: Credibility-Based Signal Fitting for GLMs."

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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