In today’s digital-first workplace, empathy has become a key driver of successful leadership. Historically, leadership often focused on efficiency and emotionless processes. However, the shift towards authentic leadership highlights the need for human-centric strategies. As technology becomes more integrated into our daily lives, the ability to lead with empathy has emerged as a competitive advantage. Leading HealthTech specialist Air...
Company News
Sun Life Global Solutions partners with IIT Indore to advance AI-driven insurance innovation
Sun Life Global Solutions, a global capability centre specialising in advanced technology solutions for the insurance sector, has announced a strategic partnership with the Indian Institute of Technology (IIT) Indore. The collaboration aims to drive innovation in the insurance industry by leveraging advanced technologies such as artificial intelligence (AI), machine learning, data analytics, and generative AI, according to InsurTech Insights. This...
FinTech Global reported that $748m was raised across 21 funding rounds this week, representing a maintained and steady interest in the sector. The top funding rounds this week were headed by construction FinTech Constrafor, who pulled in $264m in a Series A raise. Meanwhile, Halcyon, a CyberTech, pulled in $100m in a Series C raise. Here are this week’s deals. Constrafor secures...
Originally introduced to the UK Parliament by the previous Conservative government, the Digital Information and Smart Data Bill has been taken forward by the current Labour government, with the legislation currently at the Committee stage in the House of Lords. The DISD Bill will be aimed at bolstering access and the sharing of data in general to benefit public...
The insurance industry is undergoing a significant transformation, driven by the need to balance profitability with expanding distribution channels. Carriers, brokers, MGAs, and the broader insurance ecosystem are navigating this shift by adopting innovative strategies and adapting to new market realities. Paul Kershaw, UK Enterprise Sales Manager at Novidea, opened up on the innovation currently underway in the insurance distribution...
As International Fraud Awareness Week unfolds, the PSR sheds light on the psychological and economic strain APP fraud exerts on UK consumers.
Aviva, a leading InsurTech provider specialising in life insurance and health-related products, is set to distribute its protection insurance products through NatWest Group, as part of a a five-year partnership with the firm. The collaboration aims to offer NatWest’s retail and mortgage customers access to Aviva’s term life insurance, critical illness cover, and guaranteed over-50s life insurance, according to the...
The latest research conducted by the Bank of England and the Financial Conduct Authority (FCA) highlights a significant leap in the adoption of AI within the UK Financial Services sector.
blip, a leading provider of small business insurance, has introduced its Professional Indemnity Insurance, further expanding its range of specialised coverage for entrepreneurs and professionals. The company launched its Professional Indemnity Insurance to address the growing risks faced by consultants, freelancers, and advisors, according to FF News. With increasing demand for tailored, flexible protection, this product aims to empower small business...
Federato, an InsurTech startup specialising in AI-driven underwriting solutions, has announced the close of a $40m Series C funding round. The round was led by StepStone Group, with continued support from existing investors Emergence Capital, Caffeinated Capital, and Pear VC, according to InsurTech Insights. This latest injection of funds brings Federato’s total raised since its 2020 founding to $80m, and the...
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