Insurers are sitting on a distribution data goldmine
Insurance carriers, MGAs and agencies have spent years modernising the technology behind their distribution operations, but a significant…
Ahmedabad-based insurtech startup InRisk Labs raises $27 million from Bessemer, Northpoint Capital
InRisk Labs, an Ahmedabad-based insurtech startup, has raised $27 million in a Series A funding round led by Bessemer…
Root targets US growth with latest telematics launch
Root, the Ohio-based InsurTech, has expanded its behaviour-based motor insurance offering into New Jersey, taking its presence to…
Profitable Serbian-Hungarian InsurTech Ominimo hits unicorn status two years after launch
Ominimo, a Serbian-Hungarian InsurTech startup, has completed a Series B funding round with the venture capital arm of…
How AI can rescue cyber submissions from the black hole
Commercial insurance is wrestling with a silent crisis that IntellectAI has dubbed the “submission black hole”, the unmanaged…
Sensible Weather and TCP Insurance protect film shoots
Sensible Weather, a provider of weather protection for the travel and hospitality sectors, has formed a strategic relationship…
Corgi announces $106M raise at $2.6B valuation — double what it was worth 3 weeks ago
Insurance tech Corgi on Thursday announced a $106 million Series B1 raise, valuing the company at $2.6 billion,…
KYCP targets compliance bottlenecks with data retention overhaul
RegTech platform KYCP has unveiled a dedicated Data Retention Module, replacing what was previously a cumbersome, script-heavy compliance…
BoE to prioritise AI, DLT and quantum computing in tech strategy
The Bank of England (BoE) intends to prioritise AI, DLT, and quantum computing as the three “cross-cutting technologies”…
More than half of Brits now use mobile wallets
A cash usage continues to dwindle, more than half of Brits now use mobile wallets for online and…
EPAA calls for industry-wide preparation for quantum threats in new report
The Emerging Payments Association of Asia (EPAA) has released a report on how quantum computing will exacerbate the…
SC Ventures and Fujitsu form quantum computing partnership
Standard Chartered Bank’s SC Ventures unit is joining forces with Fujitsu to accelerate the development of quantum computing…