Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Fintech startups urged to join Pension Dashboard scheme

A final call is going out for FinTech developers who want to get involved and collaborate on the Pensions Dashboard prototype.

09 November 2016

News/Insurance

Admiral forced to pull plans to use Facebook posts to adjust car insurance premiums

Admiral Insurance has run into hot water with privacy groups and Facebook over plans to launch a new policy for first-time car buyers that uses social media profile data to calculate premiums.

02 November 2016

Company update/Insurance

Propel Ventures invests in insurtech startup Hixme

Propel Venture Partners, the San Francisco-based venture capital (VC) partnership in which BBVA is an investor, today announced its investment in Hixme – its sixth investment since the establishment of the U.S. fund in February this year.

25 October 2016

News/Insurance

China emerges as fintech powerhouse as UK dominance weakens

The UK's position at the centre of the fintech world is under threat as its top companies become overshadowed by Chinese giants, a new report from KPMG and H2 Ventures suggests.

25 October 2016

Company update/Insurance

Allstate partners MasterCard to provide quick payment for insurance claims

A debit card and e-mail address is all that’s needed now for Allstate to pay claims in an instant. QuickCard Pay is the latest and fastest payment method in the Allstate ExpressPay network.

24 October 2016

Company update/Insurance

Startupbootcamp secures £1 million investment from Eos to fund InsurTech cohort

Startupbootcamp InsurTech, the leading independent accelerator focused on early stage insurance startups and corporate innovation, announces agreement with Eos Venture Partners of up to £1 million in funding for the cohort joining its 2017 program.

19 October 2016

Company update/Insurance

Deloitte appoints Nigel Walsh to lead insurtech practice

Deloitte, the business advisory firm, has appointed insurance technology (InsurTech) expert, Nigel Walsh, as a partner in its insurance practice.

17 October 2016

Company update/Insurance

Snapsheet raises $20m to license virtual claims processing tech to insurance carriers

Snapsheet, the prominent provider of virtual claims technology and services, today announced the closing of a $20 million series C investment round, led by F-Prime Capital and IA Capital Group, with strategic participation from Liberty Mutual Strategic Ventures, Intact Ventures Inc. and a USAA subsidiary.

14 October 2016

News/Insurance

Blockchain-based smart contracts to save FS customers billions - Capgemini

Blockchain-based smart contracts will transform the financial services industry, saving punters billions of dollars in fees for things such as mortgage applications and auto insurance, claims a Capgemini report.

11 October 2016

Company update/Insurance

Aurora Exchange enlists Maiden Life and Mangopay for P2P lending platform

Aurora Exchange, a consumer loans exchange for responsible borrowers announced two major partnerships that pave way for bringing transparent and cost efficient consumer lending to the European market.

11 October 2016

Company update/Insurance

Atos scores long term Aegon contract

Industry leading digital services company, Atos UK&I, today announced it has secured a thirteen year contract with life and pensions provider Aegon to deliver its protection business processes.

10 October 2016

Company update/Insurance

Admiral's Italian unit chooses Guidewire insurance software

ConTe.it, a motor insurance provider, and Italian subsidiary of Admiral Group, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to general insurers, today announced that ConTe.it has chosen Guidewire core operational products for its technology platform.

10 October 2016

News/Insurance

P2P insurance startup Lemonade launches with charity pledge

Lemonade, a peer-to-peer insurance company, has launched in New York state, where it hopes to take on traditional players through a mix of clever technology and a charitable component.

21 September 2016

Company update/Insurance

Insurtech startup FinanceFox raises $28M in Series A

FinanceFox, Europe’s leading independent service platform for insurances, brokers, and consumers, announced today that it has raised $28M – the largest InsurTech round in Europe to date – led by Target Global and Horizons Ventures.

21 September 2016

News/Insurance

Deutsche Bank teams up with accelerator to back fintech startups

Deutsche Bank is joining forces with startup accelerator Axel Springer Plug and Play to back banking and insurance startups with cash and other support.

19 September 2016

Company update/Insurance

Eos Venture Partners targets insurtech market

A new company, Eos Venture Partners, has been set up to identify leading innovators in the insurance industry. It is an independent and highly-specialised Insurtech firm providing financing and advisory services for the sector.

13 September 2016

News/Insurance

R3 eyes insurance sector as MetLife comes onboard

The R3 blockchain consortium is moving in to the rapidly growing insurtech arena, welcoming MetLife as its first multinational insurance industry member.

31 August 2016

News/Insurance

Canadian fund raises $20 million fintech investment pot

Toronto-based Impression Ventures Fund has raised C$20 million to invest in early-stage Canadian financial technology companies.

23 August 2016

News/Insurance

Global fintech funding hits plateau

Following the explosion in funding last year, fintech is experiencing a "plateau" in 2016 amid investor concern about high valuations, a lack of significant IPO exits and macro-economic factors, says a new report from KPMG and CB Insights.

17 August 2016

Company update/Insurance

Safebuilt Insurance Services launches online rating and policy management platform

Safebuilt Insurance Services, Inc. dba SIS Wholesale Insurance Services, a national commercial lines insurance program administrator, announces the launch of its new online rating and policy management platform, SIS Online 2.0.

15 August 2016