Latest Insurance News: Finextra Research

Protean Risk appoints Tristan Sargeaunt director, fintech and payment services

Protean Risk, a specialist insurance broker for asset management, financial services, and technology firms, have appointed Tristan Sargeaunt as Director of Fintech and Payment Services, where he will spearhead the development of distinct insurance solutions for firms operating in this area.

17 August 2018

News/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.

16 August 2018

News/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.

15 August 2018

Company update/Insurance

Insurance sector to trial blockchain tech for dispute resolution

The insurance sectors’ experiment with Blockchain technology is due to take place to help resolve disputes with car-liability claims in the pre-litigation phase.

15 August 2018

Company update/Insurance

Axis launches digital venture vehicle for InsurTech

AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS), today announced the launch of AXIS Digital Ventures, a new unit that will lead enterprise-wide efforts to partner with entrepreneurial companies focused on data and analytics with high value (re)insurance applications, new product opportunities including emerging risks, and new distribution and (re)insurance business models.

31 July 2018

News/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.

18 July 2018

Company update/Insurance

Rabobank and Friss unlock the value of Iban-Name Check for insurers to reduce fraud

Insurance companies can now also use the IBAN-Name Check, an innovative service that checks whether the name and the IBAN number match.

17 July 2018

Company update/Insurance

Next Insurance closes $83m Series B funding round

Next Insurance, the leading digital insurance company for small businesses, announced today that it has raised $83 Million in a Series B Round.

11 July 2018

Company update/Insurance

Fineqia buys stake in blockchain insurance company

Fineqia International Inc. (the "Company" or "Fineqia") (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) is pleased to announce it is taking an equity allocation in Black Insurance ("Black"), a digital insurance startup on the blockchain.

09 July 2018

News/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.

02 July 2018

Company update/Insurance

CoverWallet launches commercial insurance API

CoverWallet, the tech startup that makes it easy for small businesses to understand, buy, and manage insurance online, today launched the first API for commercial insurance.

26 June 2018

News/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.

19 June 2018

Company update/Insurance

B3i selects Corda blockchain platform

B3i, The Blockchain Insurance Industry Initiative, has announced it will build its applications and business network on the Corda blockchain platform.

18 June 2018

Company update/Insurance

Lemonade files suit against One Insurance

Lemonade today filed suit against ONE Insurance, its parent, wefox Group, and founder, Julian Teicke. Any proceeds will go to Code.org.

15 June 2018

News/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.

14 June 2018

News/Insurance

ING and AXA build digital insurance platform

Dutch banking giant ING and France's AXA are teaming up to build a global digital insurance platform.

14 June 2018

News/Insurance

HSBC promises $17bn investment in technology

Europe's biggest bank HSBC is planning to invest between $15-$17bn in new technology as part of a new growth strategy announced by its chief executive John Flint.

12 June 2018

Company update/Insurance

Zurich invests in InsurTech startup CoverWallet

CoverWallet, the startup that makes it easy for businesses to understand, buy, and manage insurance online, today announced that Zurich Insurance Group (VTX: ZURN), one of the largest global insurance companies, has acquired a minority stake in the company.

08 June 2018

Company update/Insurance

InsurTech startup Laka raises £1.1 million seed round

Browne Jacobson’s corporate team has advised on another InsurTech venture capital deal – assisting crowd insurance pioneer Laka on its £1.1m (US $1.5m) seed round.

07 June 2018

Company update/Insurance

World’s first blockchain platform for marine insurance now in commercial use

EY, Guardtime, A.P. Møller-Maersk, Microsoft and insurance industry leaders Willis Towers Watson, XL Catlin, MS Amlin and ACORD announce members of the marine industry are using Insurwave, a blockchain platform to support marine hull insurance.

25 May 2018