Insurance

269 articles tagged with this keyword

/retail

SocGen acquires online car buying platform Reezocar

Societe Generale has acquired Reezocar, a French online platform for buying used cars. Financial terms were not disclosed.

/startups

Mexican neobank albo raises $45m

Mexican digital bank albo has raised $45 million in funding round to fuel its expansion into lending and insurance, according to TechCrunch.

/people

Insurance giant Marsh appoints chief digital and data officer

Global insurance broker Marsh has aappointed Tamara Simpkins Franklin as chief digital, data, and analytics officer.

/startups

UK's Tech Nation announces latest fintech cohort

Thirty one UK scaleups have been selected to participate in the third cohort of Tech Nation's fintech programme.

/crypto

Investors to increase allocation to crypto assets

The growing number of startups offering crypto investment services will be buoyed by news that institutional investors are set to increase the amount of capital they spend on crypto assets.

/startups

Helvetia and neon join forces for mobile bancassurance

Helvetia Venture Fund has made its first fintech investment, joining a $5.5 million round in Swiss challenger neon.

/retail

Banco Sabadell brings insurance services to WhatsApp

Spain's Banco Sabadell is preparing to use messaging app WhatsApp to deliver home insurance services.

/startups

CommerzVentures leads £15m round in pay-as-you-drive insurance startup By Miles

By Miles, a UK-based pay-by-mile car insurance provider, has raised £15 million in Series B funding led by CommerzVentures.

/startups

HK virtual bank ZA launches insurance platform

ZA, the first virtual bank to go live in Hong Kong, has branched out into insurance after obtaining a digital-only insurer license from the Hong Kong Insurance Authority under its Fast Track pilot scheme.

/retail

Italian consortium looks to blockchain for digital sureties

A host of Italian financial services players are taking part in a project to digitise the management of sureties using blockchain technology.

/covid-19

Admiral to rebate motor premiums for locked-down customers

Admiral is to give back £110 million to its 4.4 million car and van insurance customers stuck at home during the UK lockdown.

/startups

Even Financial moves into insurance through LeapLife acquisition

Even Financial, the startup that uses an API to help banks find and connect with consumers via channel partners, is entering the insurance space through the acquisition of LeapLife. Financial terms were not disclosed.

/retail

Insurtech Instanda raises $19.5m

Instanda, a UK-based customer and policy management platform for the insurance industry, has closed a $19.5 million Series A funding round led by Assembly Capital Partners.

/startups

Goldman makes further investment in no-code software firm Unqork

Unqork, a no-code application platform used by big name financial services firms has topped up its Series B funding round with an additional $51 million from, among others, Goldman Sachs.

/retail

Global fintech fundraising holds up despite China dip

Global investment in fintechs dipped slightly in 2019 as strong growth in the US, India and Brazil was offset in China, where the mega-deals dried up, according to a report from Accenture and CB Insights.

/ai

Accenture boosts analytics skills with Mudano acquisition

Accenture has agreed to buy Mudano, a data consultancy that works with UK financial services firms. Financial terms were not disclosed.

/startups

Barclays pilots single invoice insurance package from fintech startup Nimbla

Barclays Bank has formed a commercial partnership with fintech accelerator graduate Nimbla, which gives SME clients the ability to take out insurance against individual invoices, rather than the whole book.

/startups

WeFox to channel $235 million total funding into UK expansion

German insurtech WeFox has closed $110 million of funding bringing its total for 2019 to $235 million and is planning the launch of a London tech hub next year.

/Insurance

Canada's Portag3 closes CAD$427m fintech fund

Canadian outfit Portag3 Ventures has closed a CAD$427 million (US$321 million) fund focused on early stage investments in the fintech sector.

/retail

Canadian brokerage Questrade eyes banking license

Toronto-based online brokerage Questrade is applying for a federal banking licence, paving the way for it to open an online bank.