Insurance

269 articles tagged with this keyword

/startups

Open insurance startup Insurely raises €19 million; signs deal with SEB

Insurely, a Swedish fintech startup that uses open banking data to help insurers personalise premium offers, has signed SEB as a flagship customer.

/sustainable

Lemonade Foundation preps blockchain-based climate insurance for subsistence farmers

The non-profit arm of insurance unicorn Lemonade has formed a coalition building a blockchain-based climate insurance offering for subsistence farmers and livestock keepers in developing markets.

/startups

Embedded finance network mmob raises £5m

British embedded finance network mmob has closed a £5 million seed funding round to finance a move into new markets, including Malaysia.

/cloud

CaixaBank makes quantum computing breakthrough

CaixaBank has joined forces with vendor D-Wave Systems to apply quantum computing in investment portfolio hedging calculation in the insurance sector.

/startups

CommerzVentures closes €300m third fund

Germany's Commerzbank has committed €300 million to the third CommerzVentures fund, which will invest in startups in fintech, insurtech and climate fintech.

/retail

Revolut moves into insurtech with pet product

Revolut's super app ambitions have taken another step with a move into insurtech through the launch of a pet insurance product.

/startups

VentureSouq launches $50m Mena fintech fund

Venture capital firm VentureSouq has launched a $50 million fund focused on fintech across the Middle East and North Africa (Mena) region and Pakistan.

/retail

Swiss Re partners Baidu on autonomous vehicle insurance

Swiss Re is working with Baidu to develop insurance products for the Chinese technology giant's autonomous driving business.

/sustainable

COP26: How our wallets will save the world

Your money is a weapon. It can either be used to tackle the climate crisis or fan the flames. The United Nations’ climate conference in Glasgow, COP26, says it is time to have a serious discussion about how our money can be deployed to save the world.

/wholesale

Fin VC and Barclays invest in invoice insurance platform Nimbla

Invoice insurance startup Nimbla has attracted £5.1 million in funding from Silicon Valley's FIN VC with participation from Barclays Bank.

/startups

Open finance partnership platform mmob signs up partners

Open finance partnership platform mmob has added a host of firms, including PensionBee, Upside, and Glint Pay, to its network as it bids to become a 'SuperApp-as-a-Service' provider.

/startups

Marshmallow announces Series B funding round

InsurTech Marshmallow has raised $85m as part of its Series B funding round – making it the UK’s latest tech unicorn.

/startups

Malaysia's BigPay scores $100m investment

BigPay, the fintech arm of airline AirAsia, has secured an investment of up to US$100 million from South Korea's SK Group.

/predictions

Fintech must grab opportunity to entice over 50s

Fintech firms have been missing a trick by largely ignoring the fastest growing and wealthiest demographic - the over 50s, says VC QED Investors.

/inclusion

PayMaya owner raises $167m to launch digital bank in the Philippines

Voyager Innovations, the Filipino technology firm behind popular payments app PayMaya, has raised US$167 million in funding to launch a digital bank.

/retail

After 'awful' AI tweets, Lemonade says it doesn't use phrenology

Insurance unicorn Lemonade has scrambled to reassure customers after a tweet thread boasting about its AI prowess led to worries that it was treating claimants differently based on physical characteristics.

/retail

N26 moves into insurance market

Berlin-based mobile bank N26 is moving into the insurance space, offering customers the option to purchase coverage, manage plans and initiate claims in-app for a range of insurance plans from different providers.

/cloud

South African digital challenger TymeBank raises $109m; preps Philippines launch

South African digital lender TymeBank has raised R1.6 billion (about $109 million) in a round joined by an Apis Partners fund and Philippines-based JG Summit.

/retail

Aviva moves into savings market with Raisin

UK insurance and pensions house Aviva is moving in to the cash savings market through a tie up with deposit platform Raisin.

/startups

Swedish digital bank Northmill secures $30m for European expansion

Swedish digital bank Northmill has raised SEK250 million (about $30 million) to fuel its expansion across Europe.