INSURTECH

ALL INSURTECH NEWS

FinLeap in its element with a digital insurance partnership

Finleap jumps back into action The digital insurance platform Element of the German fintech incubator FinLeap works with the financial services group Signal Iduna on …

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The UK regulator is asking for feedback on consumer access to insurance

Call me again Like a bird of paradise, the UK’s Financial Conduct Authority (FCA) is calling again – this time for views and evidence on …

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The insurtech companies Clark and N26 start the digital insurance service

N26 enters the insurance market with Clark Clark, a German insurance robo-advisor, has signed a contract with the N26 mobile bank. According to Clark, the …

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Simcorp acquires investment and portfolio management technology provider APL Italiana for EUR 35 million

Simcorp now in Italy SimCorp has acquired another wealthtech provider, APL Italiana, for 35 million euros. APL Italiana specializes in investment and portfolio management software …

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Thailand connects the fintech hub with Singapore

Rediscovered The Bank of Thailand (BOT) and the Monetary Authority of Singapore (MAS) have signed a Fintech Cooperation Agreement and updated an existing Memorandum of …

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R3 brings the Intel to the Corda DLT platform

Enterprise software company R3 is partnering with Intel to improve data protection and security for Corda, the DLT (Distributed Ledger Technology) platform. According to R3, …

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Legal & General Insurance introduces fintech business

Legal & General Insurance (LGI) launched a new business to build and buy a range of fintech companies. According to LGI, the fintech subsidiary Investments …

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Fintech funding summary: July 28, 2017

The wealth was rounded up. In connection to the Brief report on July 26thHere is our latest roundup on fintech funding. With partners from Brolly, …

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USAA connects with Clinc for conversational AI banking

The banking and insurance company USAA has chosen Clinc’s artificial intelligence (AI) to conduct human-like conversations on its customers’ bank accounts. Available as a pilot …

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Blockchain powers IBM and Standard Chartered Insurance Policy Pilot

The “first” multinational, intelligent contract-based insurance policy with blockchain The American International Group (AIG), IBM and Standard Chartered have tested the “first” multinational, intelligent contract-based …

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First blockchain-based bancassurance network launched in Hong Kong

AIA launches Hong Kong’s first blockchain-based bancassurance network AIA Hong Kong, a subsidiary of the pan-Asian life insurance group AIA, has launched a blockchain solution …

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IT. (Insurance technology) had to be you

Alex Foster, BT: Fall in love with technology that brings insurers closer to customers and builds relationships based on collaboration and trust Valentine’s Day celebrates …

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Socotra receives $ 5 million in support for the Insurtech core platform

Socotra, a core cloud insurance platform provider, has raised $ 5.2 million following its Series A, valued at $ 5.5 million, bringing total funding to …

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UK fintech investments hit a record $ 3.3 billion

It was another good year for the UK fintech as investments jumped 18% to a record $ 3.3 billion in 2018. Challenger banks made up …

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Addendum: FinovateEurope 2019

Click on the picture to read the FinovateEurope 2019 supplement Greetings and welcome to FinovateEurope! It’s really exciting to start our 2019 series of events …

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Solera buys Nordic Insurtech in4mo Oy

Texas-based Solera Holdings has acquired in4mo Oy, a Nordic provider of Software-as-a-Service (SaaS) -based software and services for the professional property insurance and repair marketplaces. …

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US Insurtech Jetty receives $ 25 million

New York-based insurance start-up Jetty has raised $ 25 million in a Series B funding round led by Keith Rabois of Khosla Ventures. “Questioning the …

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SIA blockchain guarantees are a safe bet in southern Italy

SIA’s blockchain infrastructure is used by the southern Italian municipality of Bari to digitize the administrative processes related to guarantees. The experiment will use the …

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CUBE wins the Regtech project MetLife Insurance

MetLife Insurance has selected CUBE as part of its open innovation program “Collab 4.0” for a pilot project on regulatory intelligence and change management. CUBE …

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Insurtech CoverHound Raises $ 58M

US Insurtech CoverHound has reportedly completed a Series D round worth $ 58 million David Penn at the Finovate. Plans to expand into the US …

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Bsurance gets $ 4M and eyes move west

The Austrian Insurtech Bsurance has closed a Series A financing round of EUR 4 million, which is led by Uniqa Ventures. Uniqa Ventures expands its …

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The Italian insurtech Yolo receives 5 million euros with the support of Intesa Sanpaolo

Yolo, Italy’s Insurtech, has closed a Series A investment round worth EUR 5 million led by Intesa Sanpaolo’s investment arm Neva Finventures and Barcamper Ventures …

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Fintech investment in the US hits a record $ 52.5 billion

Fintech investments in the United States reached a record $ 52.5 billion in 2018, driven by mergers and acquisitions and venture capital (VC). Pulsating and …

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Banking Technology February 2019 edition now available

Click on the picture to read this issue Superstructures: Fintech reaches new heights. The latest issue of our flagship magazine – Banking technology – is …

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The core system of TCS Bancs shows solidarity in Bahrain

Insurance company Solidarity Bahrain will use TCS Bancs’ core insurance system for a digital overhaul. Second core insurance win in the Middle East in less …

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IBM, PNC Bank and health insurers set up a blockchain network

IBM is partnering with PNC Bank to develop a blockchain network to improve the health care sector that others can use to develop, share and …

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Insurtech Setoo starts with Invia Flights Germany

London-based insurance and protection-as-a-service company Setoo is up in the air and in a more affable mood as it has its first client. After the …

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FutureFlow and Anorak join the Fintech Innovation Lab London

The FinTech Innovation Lab London has presented its cohort for 2019. Among the 20 selected startups are three reports from Exate Technology, FutureFlow and Anorak …

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SBI and Wefox bring new Asian Insurtech onto the market

SBI Holdings and the German start-up Wefox have joined forces to create a new Insurtech in Japan. The company, called SBI Wefox Asia, will be …

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Insurtech Clearcover raises $ 43 million for expansion in the US

Clearcover, an auto insurer, has launched a $ 43 million Series B funding round led by Cox Enterprises, the media, communications and auto services company. …

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Munich Re leads a USD 9 million investment in Insurtech Inshur

Anglo-American Insurtech Inshur has completed a Series A investment round, securing equity financing of USD 7 million and an additional credit facility of USD 2 …

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Breathe Life will receive $ 3.5 million in insurance benefits

Insurtech Breathe Life is breathless with excitement as it raised CA $ 4.5 million (US $ 3.5 million) in an opening round led by Diagram …

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Insurtech Lime makes for a refreshing start time in the UK

The digital insurance platform Lime was officially launched in the UK with its accident insurance solution. “Britain has a significant protection gap” The company estimates …

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Zurich North America acquires Sea Pine for auto insurance

Zurich North America has acquired 100% of the shares in Sea Pine Technologies, a company that specializes in digital applications for marketing vehicle protection products. …

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Insurtech Axinan plays it cool with the start of the igloo app

Singapore-based Insurtech Axinan has launched Iglu – a digital insurance solution tailored to the lifestyle needs of millennials in Southeast Asia. The Axinan team As …

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BlackBerry to buy AI cybersecurity company Cylance for $ 1.4 billion

BlackBerry has completed the acquisition of Cylance, a privately held artificial intelligence (AI) and cybersecurity company based in Irvine, California, valued at $ 1.4 billion. …

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Entertaining days for the Insurtech start-up on Sunday with USD 10 million

Thailand-based Insurtech startup Sunday is enjoying its Monday as it raised $ 10 million in Series A funding in a round led by Vertex Ventures …

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Ping An plans to go public for its fintech subsidiary valued at $ 8 billion

The Chinese insurance company Ping An is preparing for a potential IPO of its subsidiary OneConnect worth $ 8 billion. The sale of OneConnect shares …

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Arceo flies into the US cyber insurance space

San Francisco-based Arceo.ai emerged from the hidden with the debut of a platform that enables insurance carriers to automate their cyber insurance solutions. ♫ Take …

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This Week’s Top Fintech Stories – February 22nd, 2019

Catching up FinTech futuresThe five best fintech stories of the week – all in one place! Canada receives modern payment promotions SIA Wins Payments Canada’s …

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Ping An is advancing into Indonesia’s fintech sector

China’s Ping An starts up and its fintech subsidiary OneConnect has started operations in Indonesia. “We understand the challenges the Indonesian fintech industry is facing.” …

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Kenya is keen on regulatory fintech sandbox

Kenya is the youngest nation to show interest in creating a regulatory sandbox for fintech innovation. A lot of ambition, few details In a speech …

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UK Finance aims to bring ethics to the banking sector

Goody Two Shoes, UK Finance, has a leading role of its own Impossible mission how it tries to bring ethics into our pragmatic and business-oriented …

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Allianz X increases the fund size for Insurtech measures to EUR 1 billion

Allianz X has increased its fund size to a staggering 1 billion euros to support digital companies in the insurance and asset management sector The …

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Israel’s Jerusalem Venture Partners closes $ 220 million technology fund

Fintech is set to find some love as Israeli venture capital firm Jerusalem Venture Partners (JVP) closed its newest fund, JVP VIII, with $ 220 …

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FCA appoints new chairman for the Financial Services Consumer Panel

The UK Financial Conduct Authority (FCA) has appointed Wanda Goldwag as the new Chair of the Independent Financial Services Consumer Panel. Wanda Goldwag, new chair …

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The French health insurer Alan collects 40 million euros

Alan health insurance company has completed a Series B round worth 40 million euros led by Index Ventures and partners from DST Global. The French …

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If you blink, don’t miss the launch of travel insurance in Canada

Irish insurtech Blink Innovation has launched in Canada with travel insurer Blue Cross in Ontario and Quebec. Peace brother. “Serenity Service” is here. The Cork-based …

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Life insurance is DeadHappy with a pay-as-you-go start

The British insurtech start-up DeadHappy has entered our earthly dimension with the introduction of the “first fully digital” pay-as-you-go life insurance (PAYG) for consumers. No …

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Insurtech accelerator from Nassau Re Imagine in the US

Nassau Re launches Nassau Re / Imagine, an insurtech incubator based at the company’s Boat Building headquarters in Hartford, Connecticut. Hartfortd, the American insurtech city? …

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UK fintech regulator is putting higher fines on the menu

Don’t be fooled, but as of April 1, 2019, complaints about the actions taken by UK fintech companies will be punished with far higher fines. …

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