Insurance

737 articles tagged with this keyword

/startups

InsurTech startup Digital Risks raises £10.4 million

Digital Risks has today announced that it has raised a further $10.4m in a Series A funding round.

/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.

/inclusion

RBL Bank partners with Bajaj Allianz Life Insurance

RBL Bank, one of India’s fastest growing private sector banks in India and Bajaj Allianz Life, one of India’s leading private life insurer, entered into a strategic partnership to offer customised life insurance solutions to the Bank’s customers. Under this partnership, Bajaj Allianz Life will make available all its retail products to the Bank’s customers including Term, Savings, Retirement and Investment products to enable them achieve their life goals. The corporate agency agreement was signed between both the organisations in Mumbai, today.

/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.

/security

Denizbank and AXA Sigorta to deploy CPP's Cyber Care product

CPP Group Plc, the partner focused, global product and services company specialising in the financial services and insurance markets has extended its product portfolio with major partners in Turkey through a strategic partnership model with Denizbank and AXA Sigorta; and by widening its technology delivery and service provider model with Anadolu Insurance Company (Anadolu).

/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.

/Insurance

Sapiens acquires German-based Insurtech sum.cumo

Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has acquired sum.cumo, the German-based technology provider that offers disruptive, digital, innovative and consumer-centric solutions mainly to the insurance sector, for up to €28.4 million.

/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.

/Insurance

Trov launches renters insurance programme with Lloyds Banking Group

Trov, a global leader in insurance technology, today announces the launch of its end-to-end digital renters insurance application, brought to market by Halifax Home Insurance, part of Lloyds Banking Group.

/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.

/Insurance

InsurTech Cover Genius raises $10 million

Cover Genius, the global insurtech leader whose insurance distribution platform provides protection for the customers of some of the world’s largest online companies, has raised US$10 million in a Series B funding round.

/Insurance

Starling adds Anorak insurance for sole traders to marketplace

As with everything, self-employment has pros and cons. You can set your own hours and rates. But you don’t have the safety-net of sick pay or life insurance, unless you set it up yourself.

/payments

Money 20/20: The Chinese payments space is a critical enabler for e-commerce

Shining the spotlight on Asia, key trends defining China’s place in the global e-commerce space are discussed in sessions at Money 20/20 USA’s Leadership Lodge, diving deep into how fintech firms are adapting to deliver broader, yet innovative services to support a diverse range of merchants with cross-border payments.

/cloud

Old Mutual enlists AWS for cloud migration

African financial services giant Old Mutual is moving to the cloud, with Amazon Web Services (AWS) as its preferred provider.

/Insurance

Starling adds digital insurance firm Nimbla to marketplace

Challenger bank Starling has partnered with digital insurance platform Nimbla to offer its 65,000 small business customers the ability to protect themselves from financial losses caused by bankrupt clients.

/wholesale

Tremor upgrades risk transfer marketplace

Tremor, a programmatic insurance and reinsurance risk marketplace has announced a suite of new features available this November in the 2.0 release of its programmatic marketplace.

/startups

Munich Re invests $250m in Next Insurance

Next Insurance, a US digital insurance startup focused on small businesses, has joined the unicorn club after securing a $250 million investment from German reinsurer Munich Re.

/regulation

KNØX debuts digital custody service with comprehensive insurance

Today, KNØX announced the launch of a digital asset custody service for institutions and fiduciaries with comprehensive insurance coverage.