Insurance

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/Insurance

Use of budgeting tools and apps amongst over 50s almost triples in two years

The latest research from over 50s specialist insurer SunLife reveals that online tools and phone apps are becoming more popular amongst people in their 50s, 60s and 70s.

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Zurich launches ‘selfie’ app and FaceQuote to encourage financial planning

Leading insurer Zurich has today launched a ‘selfie’ app called FaceQuote to urge more people to think about and engage with their finances.

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F10 Fintech adds Zürcher Kantonalbank to its incubator

F10, Switzerland’s leading FinTech startup accelerator and incubator, today announced the news that Zürcher Kantonalbank, Switzerland’s largest cantonal bank has joined as a corporate member, effective as of December 1st, 2017.

/Insurance

Stratumn partners French insurers on blockchain experiment

Stratumn, the leading provider of consortium blockchain technologies reinventing inter-business relationships, announces today the completion of a blockchain experimentation connecting 14 insurance companies in France.

/Insurance

OCBC puts health insurance on the mobile

Digitalising the way customers buy health insurance products, OCBC Bank has again launched a first in the digital wealth management space.

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Allianz pioneers blockchain prototype for the captive insurance market

Allianz Global Corporate & Specialty SE (AGCS) has successfully trialed blockchain technology for a global ‘captive’ insurance program including cash transfer between countries.

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Suncorp deploys IBM Watson to process motor claims

Leading Australian insurer Suncorp today announced it has successfully integrated IBM (NYSE: IBM) Watson artificial intelligence technology into its online claims process.

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BNP Paribas insurance arm invests in blockchain startup Stratumn

Stratumn, a leading provider of network solutions securing processes between enterprises and their stakeholders through blockchain technology and advanced cryptography, announces today a raising from C. Entrepreneurs, the venture capital fund created by the insurer BNP Paribas Cardif in partnership with Cathay Innovation, as part of its extended Series A funding.

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Markel exports fintech insurance policy to Singapore

Markel International, the specialist insurer, has unveiled a fintech policy offering comprehensive protection for businesses in the financial technology sector in Asia, having successfully launched it in the UK early last year.

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AXA and PartnerRe join RemitRadar

RemitRadar, the online digital fintech and insurtech ecosystem operating in the money transfer space, has joined forces with global reinsurer, PartnerRe and worldwide insurance leader, AXA, to offer innovative insurance solutions tailored to the needs of emerging customers sending and receiving money transfers.

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Snapsheet secures insurance payout gig with KeyBank

Snapsheet, the industry-leading provider of virtual claims technology for the personal and commercial insurance marketplace, is partnering with KeyBank, one of largest bank-based financial services companies in the United States, for the launch of Snapsheet Transactions, a future-proof payment solution for insurance claims.

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Revolut moves into insurance

Revolut users will now be able to insure their mobile phone for as little as £1.00 per week as the innovative fintech launches the first phase of its insurance offering.

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FCA inks fintech pact with Hong Kong Insurance Authority

The Financial Conduct Authority (FCA) announces today that it has entered into a co-operation agreement with the Hong Kong Insurance Authority (IA) to enhance collaboration in supporting Fintech innovation.

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Veezoo to run AI proof-of-concept trial with AXA

Veezoo , a conversational Artificial Intelligence technology that enables users to understand their company’s data, has partnered with AXA Winterthur for a three months Proof of Concept (PoC) beginning July 2017.

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CoverWallet names Paul Rosen COO

CoverWallet, the simplest way for small businesses to understand, buy and manage their insurance online, announced that former OnDeck® (NYSE: ONDK) executive, Paul Rosen, has joined the company as COO.

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Canadian insurtech platform Finaeo closes $2.25m seed round

Finaeo, announced today that the Company has closed its Seed Round, oversubscribed at $2.25M, lead by Impression Ventures with participation from Toronto-based angel investors, 500 Startups, Robo Ventures and iGan Partners.

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EY launches new blockchain platform for marine insurance

EY and Guardtime announce the world’s first blockchain platform for the marine insurance sector.

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Nippon Life becomes first non-bank to settle currency trades via CLS

CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced the first Japanese non-bank financial institution (NBFI) to join the CLS system via third-party access.

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Perseus launches new cybersecurity service aimed at Germany's SMEs

Perseus is a newly born service platform backed by institutional investors, and aims to be the go-to partner for the German Mittelstand (SMEs) on all Cyber Security matters.

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UK insurtech investment hits record high despite Brexit jitters

Investment in UK insurtech has surged to record levels in a sign of confidence in the UK as a global hub for insurance technology, according to Accenture analysis of CB Insights data.