HUB Cyber Security signs new deal with European corporation
Israel-based HUB Cyber Security has signed a long-term framework agreement with an unnamed European corporation to provide confidential compute hardware solutions.
The role of AI and machine learning in the customer experience
The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?
Parametrix Insurance teams up with IMA for cloud downtime insurance
Parametrix Insurance, a provider of parametric cloud downtime insurance, has partnered with IMA Financial Group (IMA), a North American insurance brokerage firm specialising in risk management, insurance, wholesale brokerage and wealth management.
Skyline, Howden, and Munich Re in parametric insurance alliance
Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.
Tax credit FinTech app Adsum collects $5m
Adsum, a tax-based financing company, has collected $5m in funding from Episode 1 and Digital Horizon.
Socotra in Avolanta take-over to modernise insurance
Socotra, a platform for insurers and InsurTech MGAs, has acquired Avolanta, a software startup offering a unified portal for the insurance industry.
Data management startup Fulcrum scores $5m
Fulcrum, which empowers customers to take control of their data, has secured a $5m investment.
Amex backs Trellis’ insurance vision
Digital insurer Trellis has received an investment from Amex Ventures, bringing its total funding to $17m since inception.
Global PayTech TransferMate reaches $1bn valuation
B2B payments infrastructure-as-a-service TransferMate has reached a $1bn valuation after closing a $70m funding round.
Livlet joins forces with Hiscox for home insurance
Livlet, a smart home management platform, has partnered with specialist insurer Hiscox for home insurance policies.
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