Insurance

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/Insurance

AXA Strategic Ventures rebrands as AXA Venture Partners

AXA Strategic Ventures, the global venture capital firm, announces that from today the fund is rebranding and will be known as AXA Venture Partners.

/Insurance

AxiomSL goes end-to-end for IFRS 17

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces the launch of its IFRS 17 solution, which offers an industrialised end to end process to efficiently address the highly intensive IFRS 17 requirements.

/Insurance

Digital insurance startup to challenge Nordics SME payments market

A new digital insurance brand launched today is aiming to disrupt the Nordic SME payments market by revolutionising the way that smaller businesses protect themselves against bad debts.

/Insurance

Corvil reports contract win

Corvil today announced one of America's most highly rated financial institutions, with more than $80 billion in assets under management, has implemented Corvil Security Analytics to deliver real-time network traffic visibility, user activity analysis and network forensics to provide more comprehensive cyber threat detection and faster incident response.

/Insurance

InsurTech cloud-company Insly raises EUR2.2 million

Insly, a cloud-based insurance platform, announces an investment of € 2.2 million led by Concentric and Black Pearls VC.

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Europe emerging as global InsurTech hub - Accenture

Global investment in the insurance technology (insurtech) industry surged in 2017, with Europe emerging as a new insurtech hub outside the U.S., according to new research from Accenture (NYSE: ACN).

/Insurance

Atos wins Aviva data centre deal

Atos, a global leader in digital transformation, has signed a significant contract with insurance and asset management leader Aviva to deliver cross enterprise critical data services over a six and-a-half year period.

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Startupbootcamp Scale Fintech picks first Mexico City startups

Startupbootcamp Scale FinTech Mexico City, the first innovation program for growth stage startups in Latin America, announces the five FinTech startups chosen to be part of its first program, based in Mexico City.

/Insurance

Ride hailing app Grab launches financial services unit

South East Asian ride-hailing firm Grab has moved deeper into financial services with the launch of a dedicated unit and the introduction of micro-loans and insurance products.

/Insurance

MetLife launches third global innovation challenge

MetLife, today launched “collab 3.0 EMEA,” a global open innovation platform inviting entrepreneurs and insurtechs to scale their business with MetLife, while solving some of the insurer’s biggest innovation challenges across its business in Europe, the Middle East and Africa.

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Nasdaq and Extraordinary Re sign blockchain and market technology agreement

Nasdaq Inc.(Nasdaq:NDAQ) and Extraordinary Re signed a new market technology agreement for Nasdaq to deliver matching engine technology via the Nasdaq Financial Framework architecture.

/Insurance

Reech Corporations Group to back German InsureTech start-up FinanzRitter

Reech Corporations Group has agreed a significant seed investment in German insureTech start-up FinanzRitter, in the latest addition to its growing pan-European portfolio of finTech businesses.

/Insurance

Mastercard and Dream partner to speed up insurance payouts

Mastercard today announced a global partnership with Dream Payments aimed at getting insurance customers paid quickly, simply and securely.

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Singapore Insurtech UEX raises S$1.3 million

One of the first InsurTech platform in Singapore has just raised 1.3 million SGD of funding from its seed investor VERSPIEREN (a French insurance broker) to strengthen its presence on the Singaporean market.

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Zurich opens UK Innovation Foundry

Today sees the launch of Zurich’s UK Innovation Foundry. The new initiative which will tackle the ever changing customer demands as well as embedding a clear culture of innovation throughout the insurer – from the initial ‘spark’ of inspiration to a full-scale roll out.

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Global fintech funding holds steady in 2017

Funding for fintech companies around the world stabilised in 2017, hitting similar levels to the previous year but was still way down on 2015 numbers, according to the latest KPMG report.

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MarketInvoice partners with Euler Hermes

Business finance company MarketInvoice has established a partnership with Euler Hermes, the global leader in trade-credit insurance, which will provide credit insurance policies to customers of MarketInvoice in safeguarding their businesses.

/Insurance

Ping An OneConnect fintech subsidiary raises $650 million in financing

Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or "the Group", HKEx: 2318; SSE: 601318) is pleased to announce that three technology subsidiaries under the Group - Ping An Healthcare and Technology Company Limited (hereafter "Ping An Good Doctor"), Ping An Medical and Healthcare Management Co., Ltd. (hereafter "Ping An Healthcare Technology") and OneConnect Financial Technology Co., LTD (hereafter "OneConnect") - have recently completed private placement financing.

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TCS scores £500m M&G Prudential contract

M&G Prudential, the UK and European savings and investments business of Prudential plc, announces a new agreement with Tata Consultancy Services (TCS), a global leader in IT, business process and digital services, to digitally transform their business and deliver enhanced service for its UK savings and retirement customers.

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Atos aims to nurture fintech partner programme

Atos, a global leader in digital transformation, today announces three new initiatives to strengthen its global FinTech Partner program; FinLab, its cloud-based platform to facilitate the creation of new joint services; FinHub, a Fintech on-boarding program and FinNet, an insights and trends knowledge portal.