insured.io, an InsurTech company specialising in omnichannel customer experience technology for insurers, has launched a new AI-powered virtual claims agent designed to automate the First Notice of Loss (FNOL) process across voice and chat channels. The new product, called Claims AI, has been developed to help insurance carriers manage claims interactions through a single conversational platform. The system allows policyholders to...

Outmarket AI, an InsurTech company developing AI software for insurance brokers and agencies, has raised $17m in a Series A funding round led by Permanent Capital Ventures. The round also included investment from SignalFire, Fika Ventures, TTV Capital and Dash Fund, alongside backing from insurance agency networks, agency owners and industry executives. The latest raise brings the company’s total funding...

IntellectAI is pulling back the curtain on the technology driving its Magic Placement platform, as the InsurTech firm looks to address the persistent pain points in insurance distribution: broker errors and omissions (E&O) exposure. The company has announced a new edition of its Byte Size Briefing webinar series, centred on Magic Placement and led by the product's architect, Kaushal Shah,...

In its latest monthly market review, Exante highlights a striking divergence across global asset classes in April, raising a pressing question for investors: are markets adequately pricing in the structural risks that war and supply disruption now represent? US equity markets delivered a strong month, with the S&P 500 gaining 9.30% month-to-date, the Nasdaq 100 surging 14.52%, the Dow Jones...

In a consolidating Dutch pension premium institution (PPI) market, those that build genuine participant experience capabilities now stand to capture a disproportionate share of employer mandates before the 2028 Wtp deadline reshapes the competitive landscape, according to Kidbrooke. The Dutch PPI market is already consolidating. BeFrank reported assets under management growth of 29.9% in 2024 to €11.1bn across 1,200 employers,...

TransFi, a cross-border payments and stablecoin infrastructure company, has launched BizPay, a conversational payments integration enabling small and medium-sized businesses to conduct cross-border transactions directly within WhatsApp and Telegram. The product goes live across the Philippines, Malaysia, Vietnam, and Indonesia, four markets that collectively account for over 65 million SMEs. The launch coincides with growing regional momentum around cross-border payment...

Flagstone, the UK's largest cash savings platform with more than £19bn in assets under management, has significantly expanded its Cash ISA offering, quadrupling available accounts and bringing ten banking partners into its single tax wrapper. The platform has added 14 fixed-rate accounts to its Cash ISA product, bringing the total number of available accounts within the wrapper to 22, up...

LMAX Group, a global cross-asset marketplace for FX and digital assets, has launched Kiosk, a hosted institutional portal designed to allow clients to accept, custody, allocate and deploy digital assets as cross-asset collateral. The new product enables institutions to deposit digital assets directly into LMAX Custody and immediately put them to use as collateral across the group's product ecosystem, covering...

Ualett, a financial technology platform offering cash advance solutions to gig economy workers, has launched Ualett Rewards, a new loyalty programme designed to recognise clients for their financial activity and app engagement. The programme introduces GigPoints, which users accumulate through everyday in-app actions and can redeem for tangible financial benefits. These include savings on remittances and eligible digital rewards such...

Greenboard, an AI-native securities compliance platform serving more than 500 financial institutions, has announced $20m in total funding, including a previously undisclosed $15.5m Series A led by Base10 Partners. The round also drew participation from Y Combinator, General Catalyst, Wayfinder Ventures, Commerce Ventures, Transpose Platform, Liquid2 Ventures and Kulveer Taggar, alongside strategic industry investors. In tandem with the funding announcement, the...