Tag: Digital transformation

InsurTech leader Peak3 secures $35m to drive European expansion

Peak3, a global InsurTech company specialising in cloud-based insurance solutions, has raised $35m in a Series A funding round to accelerate its expansion across...

AI-driven risk assessment propels the AI in insurance market to $141bn...

AI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment...

Tietoevry targets 100% renewable energy by 2026 in latest sustainability pledge

Tietoevry has published its Sustainability Statement 2024 as part of its annual report, marking a pivotal shift in its sustainability approach.

Asian InsurTech funding plunged by 71% in 2024 as deals over...

Key Asian InsurTech investment stats in 2024: Asian InsurTech funding plunged by 71%in 2024 Deals over $100m in 2024 reached a 5-year low bolttech,...

Sapiens launches UnderwritingPro v14 with AI-powered automation for life insurers

Sapiens International Corporation has introduced the latest version of its automated underwriting and new business case management platform, designed specifically for life and annuities insurers.

GCC-focused Omnispay lands $1.5m to boost SME digital payments adoption

UAE-based FinTech Omnispay, which provides an all-in-one SME payment platform, has secured $1.5m in a seed funding round.

UK firms lead European RegTech market raking in quarter of all...

Key European RegTech investment stats in 2024: European RegTech deal activity halved in 2024 YoY UK firms dominated the European RegTech marketplace completing a...

Only 20% of insurance execs are not considering AI for their...

359 senior insurance professionals were surveyed, managing over $13tn in assets on their balance sheets Only 20% of respondents haven’t considered AI, whereas...

MENA InsureLab secures backing from TIC to boost InsurTech innovation

MENA InsureLab, an InsurTech accelerator and venture builder, has secured strategic backing from TIC Technology Innovation Capital, a US-based venture capital firm.

Sidetrade and Interpath partner to drive AI-powered working capital optimisation

Sidetrade, a global leader in AI-powered Order-to-Cash applications, has formed an alliance with Interpath, an international advisory firm, to accelerate digital transformation and enhance working capital management for businesses.

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