Latest Insurance News: Finextra Research

Robo life insurance startup Certua to launch in UK

Certua, a data driven fin-tech company has today announced its intention to launch to market in 2017.

26 April 2017

Allianz invests in Lemonade

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, today announced a strategic investment by Allianz, the world's largest insurance company.

20 April 2017

Company update/Insurance

R3 and Acord team on insurance DLT centre of excellence

Financial innovation firm R3 has partnered with ACORD (Association for Cooperative Operations Research and Development) to launch a Centre of Excellence for distributed ledger technology (DLT) in the global insurance industry.

12 April 2017

Company update/Insurance

InsurTech startup Trov closes $45 million Series D financing

Trov, the technology company revolutionizing insurance for the tech-empowered consumer, today announced that it has closed $45 million in Series D funding led by Munich Re / HSB Ventures, bringing its total funding to just over $85 million.

06 April 2017

Company update/Insurance

VidaCaixa selects SimCorp Dimension

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announced that VidaCaixa, part of the CaixaBank Group and the leading insurance company in Spain with more than 4.5 million customers, has selected SimCorp Dimension as its new front and middle office platform.

04 April 2017

Company update/Insurance

Insurance provider Saga picks Guidewire Software

Saga Services Ltd (“Saga”), a leading UK provider of insurance solutions to the over 50s, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to general insurers, today announced that Saga has selected Guidewire PolicyCenter®, Guidewire BillingCenter®, Rating Management, Client Data Management, and Guidewire DataHub™ for policy administration, billing, rating, client data management, and analytics.

03 April 2017

Company update/Insurance

AI and IoT dominate insurtech startup funding

Artificial intelligence (AI) and the internet of things (IoT) now account for almost half of total investment in insurance technology (insurtech) startups globally, new research from Accenture (ACN) shows.

30 March 2017

Company update/Insurance

FinLeap to build a digital insurance platform

Company builder FinLeap is further committing to reshape the insurance industry. With Element, FinLeap is introducing a fully digital platform, going upstream in the value chain to custom-build the very core of insurance and enable products and services that meet demands of the modern age.

20 March 2017

Company update/Insurance

Tieto partners Friss to tackle insurance fraud in the Nordics

Today, Tieto and Friss have announced a partnership bringing together Tieto’s knowledge of the Nordic insurance market and Friss expert fraud detection and prevention solutions.

07 March 2017

News/Insurance

Law firms cosy up to UK fintech community

Top law firm Slaughter and May is to give five fintech startups free legal services worth tens of thousands of pounds. Meanwhile, another law firm, Simmons & Simmons, is launching a fintech and regtech student support programme with London's Queen Mary University.

06 March 2017

Company update/Insurance

PwC runs blockchain prototype for London insurance market

PwC has created a working blockchain prototype for the London Market Target Operating Model (TOM) Innovation Exchange.

02 March 2017

News/Insurance

Anthemis secures insurtech investment partnership with Baloise

Swiss financial services group Baloise has committed CHF50 million with UK venture capital fund Anthemis to help source, execute and manage investments in startups across Europe, the UK and the US.

28 February 2017

Company update/Insurance

Insurtech startup Digital Fineprint to take part in MetLife's LumenLab collab programme

Digital Fineprint, an InsurTech startup that harnesses social media to super-charge insurers online propositions, has been chosen as one of just eight InsurTech companies in the world to take part in MetLife’s collab Partnership.

24 February 2017

Company update/Insurance

JVP invests $2 million in Insurtech startup contest winners

Israeli startups GetmeIns and Seegnature shared the top prize in the Insurtech Israel competition, a first of its kind competition in Israel for startups in the field of insurance technology.

23 February 2017

News/Insurance

Global fintech funding plunges in 2016 but expected to regain momentum in 2017

Funding for fintech companies around the world plummeted in 2016, with American and European firms experiencing a particularly sharp drop in investment, according to a report from KPMG and PitchBook which nevertheless predicts a bumper 2017.

21 February 2017

News/Insurance

Kevin the bot uses blockchain to offer insurance for P2P transactions

Madrid-based online reputation startup Traity has launched a chatbot that uses an "open blockchain balance sheet" to provide micro-insurance for people carrying out P2P transactions

16 February 2017

Company update/Insurance

Charles Taylor InsureTech acquires majority stake in insurance platform specialist

Charles Taylor InsureTech (InsureTech) has acquired a majority stake in Otak, an insurance technology platform business specialising in delegated authority solutions.

09 February 2017

News/Insurance

China's fintech dragons roar

2016 was the year that China's fintech dragons roared, dominating VC spending while investment in some previously feted leaders in other parts of the world wilted, according to a report from Citi.

26 January 2017

Company update/Insurance

Allianz Life promotes Chris Du Bois to SVP, chief digital officer

Allianz Life Insurance Company of North America (Allianz Life®) today announced it has promoted Chris Du Bois to senior vice president, Chief Digital Officer.

17 January 2017

Company update/Insurance

InsurTech startup Digital Fineprint joins Accenture innovation lab

Digital Fineprint, an InsurTech startup that harnesses social media to super-charge insurers online propositions, has been selected to take part in Accenture’s Fintech Innovation Lab in London, from over 300 applicants.

17 January 2017