Insurance

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/regulation

Driverly achieves FCA authorisaton for dynamically priced app based insurance

Driverly has announced it has received direct authorisation from the Financial Conduct Authority (FCA) to sell car insurance after a thorough review of its processes and governance structure.

/retail

Bunq embeds insurance from Companjon

Companjon, a leading insurtech specializing in digital-driven embedded insurance, today announced its partnership with bunq, the second largest neobank in the European Union.

/retail

Turkish fintech Papara launches insurance arm

Papara, the market-leading Turkish fintech, today announces the launch of its insurance arm, bringing affordable, fair and fast insurance to users in Turkey.

/wholesale

UK insurtech Superscript scoops £45m in Series B

UK-based insurtech Superscript, a digital-first insurance provider to small businesses and high-growth tech companies, has completed a £45 million ($54m USD) Series B funding round.

/cloud

Duck Creek Technologies to acquire payments platform Imburse Payments

Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, today announced a definitive agreement to acquire Imburse Payments, a Swiss-based modern payments platform.

/wholesale

B2B InsurTech Bondaval raises €15 million

Bondaval, a London-based B2B fintech that gives credit teams the certainty that their receivables will be secured, has raised a $15 million Series A Round, led by Talis Capital.

/sustainable

AXA Climate School to get risk managers up to speed with global warming danger

The Climate School, the e-learning arm of sustainable insurance and consulting company AXA Climate, today announced a new training module specifically designed to aid Risk Managers get up to speed with pressing climate danger.

/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.

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