Latest Insurance News: Finextra Research

Company update/startups

Insurtech Bdeo raises EUR5m

Bdeo, the leading insurtech company in Spain and Latin America, has just closed a Series A round of funding worth €5 million. The fundraising was led by BlackFin, a European investment firm focused on financial services, with further support from current investors K Fund and Big Sur Ventures who invested €1 million in Bdeo’s seed round in 2019.

17 November 2020

Company update/Insurance

Flood forecasting InsurTech Previsico joins Lloyds Launch Innovation Lab

Live flood forecasting InsurTech Previsico today announcesthat it will join the ‘Launch Innovation Lab’, powered by Lloyds Banking Group (Lloyds), to collaborate on a solution to support Lloyds Home Insurance customers, as the frequency and impact of extreme weather increases.

10 November 2020

Company update/Insurance

EToro extends client protection insurance scheme up to £1million

Multi-asset investment platform eToro today announced the launch of an insurance scheme that will provide its clients up to £1million of protection in the case of insolvency free of charge.

02 November 2020

Company update/Insurance

Santander halves the time taken to receive online home insurance quotes

Customers looking for a home insurance quote will now receive a price from Santander in less than half the time, as it introduces a new process asking significantly fewer questions.

27 October 2020

Company update/Insurance

Razer Fintech moves into insurance with FWD Singapore

Razer Fintech is deepening their collaboration with FWD Singapore (FWD), the leading digital insurance provider in the region, by providing insurance coverage to its users in Singapore as part of the recently launched Razer Card – a Visa prepaid card solution unveiled recently by Razer Fintech and Visa.

27 October 2020

Company update/Insurance

GoCompare and Snoop form partnership

London and Norwich-based Fintech, Snoop, the free app that helps people find ways to save has agreed a new partnership with GoCompare.

26 October 2020

Company update/Insurance

State Street and SimCorp form business partnership

State Street Corporation (NYSE: STT) and investment management solutions and service provider, SimCorp (OMXC25: SIM), today announced their intent to form a business partnership to provide a premier, fully integrated, front-to-back investment outsourcing solution for insurance firms in Europe, Middle East and Africa (EMEA).

12 October 2020

Company update/Insurance

Oney Insurance to implement Comarch Business Intelligence

Malta-based Oney Insurance (PCC) Limited is set to implement a BI solution from a global software house, Comarch.

06 October 2020

News/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.

24 September 2020

News/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.

23 September 2020

News/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.

22 September 2020

Company update/covid-19

L&G sees clients move online during Covid

Since the start of the COVID-19 lockdown about six months ago, Legal & General has helped over a million more customers with their online services, recent usage data shows.

21 September 2020

Company update/startups

Insurtech Sunday raises $9m

Sunday, a leading full-stack insurtech has raised a USD 9 million pre-series B bridge round despite Covid-19 outbreak and global economic recession.

11 September 2020

News/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.

01 September 2020

Company update/wholesale

ING partners genesis to streamline credit and political risk insurance

ING is pleased to announce its partnership with genesis, the Low Code Application Platform for financial markets, to launch the Credit Insurance Application (CIA), a deal-flow and portfolio application which will transform the management of credit and political risk insurance (CPRI) globally.

27 July 2020

Company update/startups

Snoop incorporates Anorak's life insurance platform into app

London and Norwich-based Fintech, Snoop, has agreed a new partnership with Anorak, the smart life insurance adviser.

23 July 2020

Company update/retail

Pension provider for the self-employed Penfold joins Starling marketplace

Starling, the leading digital bank, has introduced Penfold to its Marketplace, bringing to self-employed people pensions they can set up, manage and track online or on their phone.

20 July 2020

Company update/startups