Sector Updates

Aviva and Vitality head the pack for best UK digital user experience

A study by UserZoom has revealed that Aviva and Vitality rank highest for digital user experience amongst prospective UK life insurance customers.

Liberty Mutual Insurance acquires Fetch’s auto insurance tech

Liberty Mutual Insurance has acquired certain technology assets of Insurance Portal Services (Fetch), which allows auto manufacturers and dealers integrate auto insurance.

Cyscale said to close €3m seed funding round

Cyscale, which provides complete cloud visibility, has reportedly raised €3m in its seed funding round, which was led by Notion Capital.

US recoups $15m from advertising fraud scheme

Authorities in the US have revealed they have retrieved more than $15m in illicit proceeds derived from an advertising fraud scheme known as ‘3ve’.

Digital wealth management solution Quantifeed scores Series C

Quantifeed, which claims to be Asia leading digital wealth management solution developer for financial institutions, has closed its Series C round on an undisclosed amount.

Traffk launches Hero Life Insurance

Traffk has launched Hero Life Insurance, which helps brokers and agents better compete in the digital insurance marketplace.

CyberTech Dig comes out of stealth with $11m seed

Dig Security, a cloud data security firm, has emerged from a period of stealth with $11m in seed funding.

KYND becomes exclusive cyber risk partner to Brokerslink

Cyber risk technology developer KYND has formed a partnership with global broking company Brokerslink, which sees it deploy its platform to reduce cyberattack exposures.

Beesafe to leverage Tractable’s AI auto claims tech

Beesafe, which is part of the Vienna Insurance Group, with leverage Tractable’s AI technology to assess car damage and accelerate claim processes.

Reno de Medici picks Tietoevry for digitalisation

Italy-based Reno de Medici (RDM Group), which creates recycled cartonboard, has picked Tietoevry to modernise its core business processes and digitise its mills.

News Stories

Boosting identity-based security, Elisity raises $37m from Insight Partners

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...
Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs, known for its cloud banking services, and Haveli Investments, a technology-focused private equity firm, have announced a strategic partnership marked by a significant $150m investment in Blend by Haveli.
Corelight bags $150m in Series E funding to boost AI security innovations

Corelight bags $150m in Series E funding to boost AI security innovations

Corelight, a prominent player in open network detection and response (NDR) headquartered in San Francisco, recently secured a substantial $150m in Series E funding.
Backflip secures $15m in Series A to redefine real estate FinTech

Backflip secures $15m in Series A to redefine real estate FinTech

Backflip, an all-encompassing real estate and financial technology platform, has closed a $15m Series A funding round, spearheaded by FirstMark Capital, known for their early investment in other category-defining platforms like Airbnb, Shopify, and Pinterest.
Navigating corporate reporting: How CSRD is changing the game

Majority of companies not subject to CSRD still plan to align with its requirements

The majority (81%) of companies not subject to the European Union’s Corporate Sustainability Reporting Directive (CSRD) intend to partially or fully align their sustainability...

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