Latest wildfire insurance News, Insights & Analysis

Kin launches home insurance in California to address growing coverage gap

March 5, 2025

Kin, a direct-to-consumer digital home insurance provider, has officially launched its home insurance offering across the entire state of California.

Kuady, a payments service processor for Latin America, has today announced a new partnership with global sports betting and gaming provider MeridianBet. The integration will enable MeridianBet users in Latam to access Kuady’s full suite of payment features, offering real-time deposits and withdrawals to enhance the betting experience. The MeridianBet partnership signals a strategic step towards delivering a faster and more seamless customer experience in Latam. By incorporating Kuady's technology, MeridianBet users in the region will benefit from secure, simple, and efficient payment options. Key Kuady features include robust chargeback protection and features to boost customer acquisition, retention, and activation. The digital wallet provides instant payouts for customers, a feature that provides a solution for individuals needing funds in real time, and offers its users deposit options such as cards, online bank transfers, and cash. The integration process was designed to be simple and fast, ensuring that MeridianBet could quickly offer the benefits of Kuady’s payment features to its customers. This move is part of Kuady’s wider strategy to partner with major brands in high-growth regions, with more announcements expected in the near future. By expanding its services to MeridianBet, Kuady is helping advance financial access and inclusion throughout Latin America, enabling more people to participate actively in the digital economy. Lorenzo Pellegrino, CEO at Kuady, said: “Our partnership with MeridianBet underscores our commitment to delivering fast, simple, and innovative payment solutions in key growth markets like Peru. By providing real-time deposits and withdrawals, we’re enhancing the customer experience, giving players more control over their funds. This partnership reflects our wider ambition to support major global brands with the tools they need to create seamless, secure, and efficient payment journeys. Our focus on speed, simplicity, and security ensures that Kuady continues to set new standards in payment technology across Latin America and beyond.” "Partnering with Kuady allows us to deliver the fast and secure payment options our Latam players and the entire customer base expects. This integration addresses a key operational need, ensuring our users have reliable access to their funds in real time. It’s a practical step forward in enhancing the overall experience for our players in this important region”, said Zoran Milosevic, CEO of MeridianBet. About Kuady Kuady is the registered business name of Open Payment Technologies Ltd a company incorporated in the Isle of Man under company number 136352C with its registered office at Second Floor, The Old Court House, Athol Street, Douglas, Isle of Man, IM1 1LD. Open Payment Technologies Ltd is licensed and regulated by the Isle of Man Financial Services Authority with a Class 8 (2)(a) & (4) license to carry on Electronic Money Transmission Services and is managed on a day to day basis by Mario Ricciardi – Managing Director who is located in the Isle of Man. Launched in July 2024, Kuady is a digital wallet app that aims to revolutionize financial management for merchants and users worldwide. With a focus on innovation, user-friendliness, and financial inclusion, Kuady provides diverse payment methods and a range of benefits for merchants and users alike.

ESG FinTech

Silicon Valley veterans unveil Stand with $30m funding to tackle climate...

December 17, 2024

Stand, a new insurance company focused on climate-impacted properties, has officially launched its first product: homeowners insurance for California residents aimed at protecting and fortifying properties against wildfire risks.

Delos Insurance Solutions, a property insurance MGA, has successfully closed a $9m Series A funding round.

FinTech News

Delos Insurance Solutions attracts $9m in Series A to tackle wildfire...

November 4, 2024

Delos Insurance Solutions, a property insurance MGA, has successfully closed a $9m Series A funding round.

FinTech News

Emerald Bay and Lightspeed unveil partnership to provide comprehensive insurance coverage...

June 20, 2024

Emerald Bay Risk Solutions, a collaborative underwriting carrier, has announced a strategic partnership with Lightspeed Specialty Insurance Solutions, a specialty insurance MGA and subsidiary of Volnay Insurance Holdings.

ESG FinTech

California FAIR Plan collaborates with ZestyAI for precise wildfire insurance pricing

October 30, 2023

Today, two prominent players, ZestyAI, renowned for its climate and property risk analytics solutions, and California FAIR Plan Association, recognised as California's primary property...