Insurance

269 articles tagged with this keyword

/ai

SocGen Assurances and Roadzen team on contextual insurance venture

Societe Generale Assurances has joined forces with AI insurtech specialist Roadzen to build a "digital and contextual" insurance player.

/Insurance

Mortgage blockchain tech startup Acre raises £5m

Acre Software, a UK startup using blockchain technology to revamp the mortgage and insurance application process for advisers, has raised £5 million from Aviva and Sesame Bankhall Group (SBG).

/startups

HSBC invests in Asian insurtech CXA Group

HSBC has joined a $25 million funding round for CXA Group, a Singapore-based health-focused insurance startup.

/Insurance

UK insurtech sector gets new legal resource

The UK Insurtech Board has unveiled a toolkit of legal documents designed to make it easier for ambitious insurance technology startups to forge commercial relationships with corporate partners.

/Insurance

Allianz X raises digital investment fund to EUR1 billion

Allianz X, the digital investment unit of German insurance and asset management giant Allianz, is taking a big bet on the tech-driven future of finance, increasing its fund size to a whopping EUR1 billion.

/inclusion

UN report dismisses fintech sandboxes in developing economies

The rise of fintech has the potential to extend the benefits of financial inclusion to millions of people but also poses complex regulatory challenges, says a new UN-backed report which also questions the value of the increasingly popular sandbox approach.

/startups

Intesa Sanpaolo takes stake in insurtech startup Yolo

Intesa Sanpaolo has led a EUR5 million funding round in Italian insurtech startup Yolo.

/Insurance

PNC and IBM back health insurers' blockchain project

PNC Bank and IBM have joined a consortium trialling the use of blockchain technology to boost efficiency and cut costs in the healthcare industry.

/startups

AXA raises $150 million for second venture fund

The venture capital arm of insurance and asset management group AXA has raised $150 million for its second early stage fintech and healthtech fund.

/Insurance

US shutdown impacts fintech market

The ongoing shutdown of the US government, sparked by a disagreement over funding for border security, is starting to impinge on the US fintech industry, according to reports.

/Insurance

John Hancock life insurance policies to track fitness data

A US life insurance provider is to start linking its policies to healthy living, tracking fitness and health data through Fitbits and Apple Watches.

/Insurance

Yolt links up with Anorak to give users life insurance advice

Money management app Yolt has plugged Anorak into its platform, giving users access to personalised and impartial advice from the life insurance specialist.

/Insurance

Munich Re pays $300m for IoT specialist relayr

Reinsurer Munich Re has agreed a $300 million deal to buy relayr, a Berlin-based Internet of Things (IoT) startup that helps industrial companies extract valuable data from their machinery.

/Insurance

SoftBank to invest $100m in Chinese insurtech JV

Japanese multinational SoftBank, one of the most prolific fintech investors, is set to spend $100m on a joint venture with Chinese digital insurer ZhongAn Online.

/Insurance

Amazon sizes up price comparison market

Amazon is reportedly eyeing a foray into the financial comparison market, holding talks with some of Europe's big insurance firms about a possible launch in the UK.

/Insurance

AAIS partners IBM for blockchain-based insurance regulatory reporting

The American Association of Insurance Services (AAIS) is using blockchain technology from IBM to help to automate regulatory reporting.

/Insurance

BlackFin Capital Partners closes EUR180 million fintech fund

BlackFin Capital Partners is staking a claim to be the largest independent fintech fund in Europe, after completing a €180-million final closing with participation from top-tier banks and insurance houses.

/Insurance

Nordea to acquire online banking arm of Norwegian insurer Gjensidige

Nordea is to acquire the online banking arm of Norwegian insurer Gjensidige for EUR578 million in cash.

/Insurance

Deutsche Bank, Allianz and Auto1 create car financing platform

Deutsche Bank has teamed up with Allianz and used car marketplace Auto1 to set up a new firm offering financing and insurance to vehicle dealerships.

/Insurance

Jay Z and Will Smith back insurtech startup Ethos

Jay Z, Robert Downey Jr, Will Smith and Kevin Durant have added some celebrity glamour to an $11.5 million funding round for insurtech startup Ethos Technologies.