Insurance

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/retail

Tata CS completes first phase of Scottish Widows transformation project

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT, consulting and business solutions organisation, has crossed a major milestone by successfully completing the first phase of implementation of the TCS BaNCS Insurance Platform as part of a business transformation programme for Scottish Widows, the life and pensions arm of Lloyds Banking Group.

/regulation

ClauseMatch moves into InsurTech following Lloyd's Lab pilot

ClauseMatch, an award-winning software technology company that enables financial institutions to comply with their internal corporate governance documentation (such as standards, procedures, controls) has presented the results of its pilot project as part of Lloyd’s Lab second cohort.

/inclusion

Digital challenger Airfox inks Mastercard and Zurich deals

Airfox, a startup providing transformative financial services to emerging markets, today announced a partnership with Mastercard Brazil that vastly extends the availability of affordable and cost-free banking solutions with 1% cashback to customers.

/wholesale

Lloyd’s of London appoints Jennifer Rigby COO

Lloyd’s of London announced today that Jennifer Rigby has been appointed Chief Operations Officer (COO).

/retail

MassMutual partners CommonBond to tackle student debt

Massachusetts Mutual Life Insurance Company (MassMutual) has teamed up with CommonBond, a leading financial technology company, to offer a new student loan refinancing program through CommonBond with a rate advantage to help people take control of their student debt.

/Insurance

Belgian InsurTech Qover secures EUR8 million

Qover, the preferred insurance partner for digital businesses, announced today it has raised EUR 8M in a funding round led by Alven and Portag3 Ventures. Series A investor Anthemis also invested in the round.

Churchill insurance added to Starling Marketplace

/Insurance

Churchill insurance added to Starling Marketplace

Starling customers can now apply directly from within the challenger bank's app for home insurance from Churchill Insurance.

/regulation

Aegon UK chooses Legerity for IFRS 17 transition

Aegon UK, a leading savings, protection and investment service provider has selected Legerity Limited’s FastPost IFRS 17 solution to help it transition to the new International Financial Reporting Standard (IFRS 17).

/Insurance

Fiserv integrates retirement income and insurance planning tools

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, is enabling financial advisors to assist clients with retirement income planning and risk mitigation through the use of annuities, life, and long-term care insurance.

/ai

US insurtech giant Lemonade lands in Germany

Lemonade launched its first European country today. Consumers in Germany can now get contents and liability insurance instantly, anytime, and from any device - and they can file claims and get paid in seconds.

/security

Metaco and Aon release insurable crypto asset storage technology for banks

Swiss financial technology company, METACO, has announced today that a panel of London insurers arranged by global professional services firm Aon will offer a crime insurance product to clients using SILO - METACO’s integrated hot-to-cold wallet management solution for financial institutions - which can help to protect their digital assets from the losses resulting from loss, damage, destruction or theft.

/startups

Canadian insurtech Boxx expands to Singapore; seeks funding

BOXX Insurance Inc., a Toronto-based Insurtech is furthering its global reach in Summer 2019 with the launch of BOXX Asia in Singapore and continued expansion into Latin America with offices in Santiago, Miami, and Mexico City.

/Insurance

Insurtech Getsafe secures $17m funding

Getsafe has raised 15 million euros in a Series A funding round led by Earlybird. CommerzVentures  and other existing investors also participated in the round.

Money 20/20 Europe 2019: The interplay of AI, cloud, blockchain and quantum computing

/ai

Money 20/20 Europe 2019: The interplay of AI, cloud, blockchain and quantum computing

On the final day of Money 20/20 Europe 2019 in Amsterdam, Jesse McWaters, financial innovation lead at the World Economic Forum starts the day discussing the interplay of AI, cloud, blockchain and quantum computing, and what happens when it all collides.

/Insurance

Uber partners with Inshur to reward safe driving

INSHUR and Uber have partnered to offer a range of insurance services to drivers who use the Uber app. The fully digital insurance service is one of the first of its kind.

/Insurance

SE2 makes majority investment in insurtech Life.io

SE2, a recognized industry leader providing technology driven third-party administration services for many of the top life insurance companies in the US, announced an increased investment in Life.io, a customer engagement technology platform focused on the life insurance and annuity industry.

/retail

Getsafe moves into digital home contents insurance

After 60,000 liability policies sold, the Heidelberg-based startup Getsafe is launching a home  contents insurance. This addition completes the company's strategy to cater specifically to insurance  starters.

/Insurance

DBS Hong Kong and and Sun Life team on insurance offering

In a constantly evolving digital world, DBS, which has been crowned World’s Best Digital Bank twice by Euromoney, and Sun Life Hong Kong are helping to bring peace of mind to customers in times of need, faster, efficiently, and hassle-free.

/Insurance

Certua acquires Surely Group

Certua, the data-driven financial technology company, has today announced its acquisition of leading Insurtech, the Surely Group.

/Insurance

Hastings Direct selects Equifax as long term data partner

Hastings Direct, the technology driven insurance provider, has extended its relationship with Equifax, the consumer and business insights expert, in a multi-year deal.

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