Insurance

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/retail

Yapily and Certua team up to simplify life insurance with open banking

Open banking provider Yapily has teamed up with embedded insurance platform Certua to make it easier, quicker, and cheaper for people to apply for and manage their life insurance cover in the UK.

/wholesale

Luxhub and Vermeg launch Custodix Hub

Open Finance pioneer LUXHUB, together with banking and insurance software leader VERMEG, are today announcing a new partnership around the collection and processing of custodian data, available to insurance companies.

/retail

Nationwide taps Human API to speed up underwriting of life insurance

Nationwide announced today a partnership with Human API, a leading health data platform, to improve the life insurance buying experience by maximizing the use of digital health data to accelerate the underwriting process.

/retail

Zurich Insurance Group launches API marketplace

Zurich Insurance Group (Zurich) has launched Zurich eXchange, a newly created global API marketplace that brings together the best services from across the Zurich Group, enabling faster integration and more efficient collaboration throughout the company and with customers and partners.

/markets

Axa XL launches insurtech innovation centre in the US

AXA XL Insurance has launched an Underwriting Innovation Office in the Americas to drive innovation in support of business initiatives, appointing Rose Hall, currently Head of Construction Innovation, as Head of Innovation, Americas to lead activities.

/startups

Insurance startup YuLife lands in the US

YuLife, the tech-driven financial services brand on a mission to inspire life, today announced that it is launching in the United States. Founded in London in 2016,

/people

Insurtech Accelerant names Jay Green global CFO

Accelerant, the insurtech empowering underwriters with superior risk exchange, data analytics, and long-term capacity commitments, today announced that Jay Green will join as Global Chief Financial Officer starting on November 1, 2022.

/startups

Insurtech Mea appoints CTO

Mea, the AI powered processing platform for insurers, has today announced the appointment of Lohitashwa Thyagaraj as their new CTO.

/startups

Insurtech Lukango secures pre-seed funding

London-based insurtech Lukango has successfully closed a £275k pre-seed round which will see funding deployed to accelerate the build and launch of its tailored products and platform.

/retail

Insurtech bolttech announces Series B

bolttech, one of the world’s fastest growing international insurtech companies, today announced Tokio Marine, alongside other shareholders, will lead bolttech’s Series B funding round.

/startups

T Rowe Price invests in insurance startup YuLife

YuLife, the tech-driven financial services brand on a mission to inspire life, today announced that funds and accounts advised by T. Rowe Price Associates, Inc. have joined as investors in the company, having participated in YuLife’s recent Series C funding round.

/retail

InsurTech Lemonade launches in UK with Aviva support

Lemonade (NYSE: LMND), the insurance company powered by AI and social impact, today launched in the United Kingdom. Residents across the UK can now get Lemonade Contents insurance instantly, from anywhere, on any device, as well as file claims and get paid in seconds.

/retail

FintechOS powers Admiral's digital pet insurance product

FintechOS, the global leader in high-productivity fintech infrastructure (HPFI), today announced that the FintechOS platform is powering top UK insurance provider Admiral’s new digital pet insurance product.

/regulation

MorganAsh readies financial advisers for Consumer Duty with Mars system upgrades

The team at MorganAsh has announced further upgrades to its new adviser tool to help businesses better manage and evaluate consumer vulnerability.

/payments

Secura Insurance signs with One Inc

One Inc, the leading digital payments network for the insurance industry, announced today that Wisconsin-based SECURA Insurance, has selected One Inc’s full best-in-class suite of digital payment solutions PremiumPay® and ClaimsPay®, for both inbound and outbound payments for one of its insurance products.

/retail

InsurTech Turaco secures $10 Series A

Turaco, the leading insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund, and existing investor, Novastar Ventures.

/people

Lifesearch hires chief data officer

LifeSearch, the UK’s leading life insurance broker, has appointed Sam Stafford in the newly created role of Chief Data Officer, as it drives forward its focus on distribution quality by amplifying its data as a critical asset.

/people

Swedish fintech Lumera names COO

Lumera, a leading insurtech company dedicated to the digital transformation of the European life and pensions industry, today announces the appointment of Johan Rudén to its executive team in the new role as Chief Operating Officer (COO).

/wholesale

Eagle Life partners InvestCloud for digital planning tech

Eagle Life Insurance Company®, a provider of fixed and index annuities, has announced today that it is teaming up with InvestCloud, a global leader in digital transformation, to offer access to product details about its fixed index annuities (FIAs) via the InvestCloud platform.

/payments

State Farm to offer payouts into PayPal accounts

State Farm, the largest insurer of vehicles and homes in the US, is expanding its Digital Pay solution to include claim payouts delivered instantly into a customer’s PayPal account.

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