Insurance

272 articles tagged with this keyword

/startups

Insurtech Gateway completes first close on Seed Fund II

Insurtech Gateway has completed the first close of its Seed Fund II, enabling it to back 20 startups over the next four years from pre-seed to Series A.

/devops

Zurich picks Mendix low-code to roll out next-gen solutions

International insurance company, Zurich, has partnered with low-code platform Mendix to roll-out a Terrorism Data Capture solution for automated coverage, among other updates.

/startups

Insurance startup YuLife raises $120m

UK tech-driven insurance outfit YuLife is set for global expansion after raising $120 million in a Series C funding round led by Dai-ichi Life Insurance Company.

/startups

Open insurance startup Insurely raises €19 million; signs deal with SEB

Insurely, a Swedish fintech startup that uses open banking data to help insurers personalise premium offers, has signed SEB as a flagship customer.

/sustainable

Lemonade Foundation preps blockchain-based climate insurance for subsistence farmers

The non-profit arm of insurance unicorn Lemonade has formed a coalition building a blockchain-based climate insurance offering for subsistence farmers and livestock keepers in developing markets.

/startups

Embedded finance network mmob raises £5m

British embedded finance network mmob has closed a £5 million seed funding round to finance a move into new markets, including Malaysia.

/cloud

CaixaBank makes quantum computing breakthrough

CaixaBank has joined forces with vendor D-Wave Systems to apply quantum computing in investment portfolio hedging calculation in the insurance sector.

/startups

CommerzVentures closes €300m third fund

Germany's Commerzbank has committed €300 million to the third CommerzVentures fund, which will invest in startups in fintech, insurtech and climate fintech.

/retail

Revolut moves into insurtech with pet product

Revolut's super app ambitions have taken another step with a move into insurtech through the launch of a pet insurance product.

/startups

VentureSouq launches $50m Mena fintech fund

Venture capital firm VentureSouq has launched a $50 million fund focused on fintech across the Middle East and North Africa (Mena) region and Pakistan.

/retail

Swiss Re partners Baidu on autonomous vehicle insurance

Swiss Re is working with Baidu to develop insurance products for the Chinese technology giant's autonomous driving business.

/sustainable

COP26: How our wallets will save the world

Your money is a weapon. It can either be used to tackle the climate crisis or fan the flames. The United Nations’ climate conference in Glasgow, COP26, says it is time to have a serious discussion about how our money can be deployed to save the world.

/wholesale

Fin VC and Barclays invest in invoice insurance platform Nimbla

Invoice insurance startup Nimbla has attracted £5.1 million in funding from Silicon Valley's FIN VC with participation from Barclays Bank.

/startups

Open finance partnership platform mmob signs up partners

Open finance partnership platform mmob has added a host of firms, including PensionBee, Upside, and Glint Pay, to its network as it bids to become a 'SuperApp-as-a-Service' provider.

/startups

Marshmallow announces Series B funding round

InsurTech Marshmallow has raised $85m as part of its Series B funding round – making it the UK’s latest tech unicorn.

/startups

Malaysia's BigPay scores $100m investment

BigPay, the fintech arm of airline AirAsia, has secured an investment of up to US$100 million from South Korea's SK Group.

/predictions

Fintech must grab opportunity to entice over 50s

Fintech firms have been missing a trick by largely ignoring the fastest growing and wealthiest demographic - the over 50s, says VC QED Investors.

/inclusion

PayMaya owner raises $167m to launch digital bank in the Philippines

Voyager Innovations, the Filipino technology firm behind popular payments app PayMaya, has raised US$167 million in funding to launch a digital bank.

/retail

After 'awful' AI tweets, Lemonade says it doesn't use phrenology

Insurance unicorn Lemonade has scrambled to reassure customers after a tweet thread boasting about its AI prowess led to worries that it was treating claimants differently based on physical characteristics.

/retail

N26 moves into insurance market

Berlin-based mobile bank N26 is moving into the insurance space, offering customers the option to purchase coverage, manage plans and initiate claims in-app for a range of insurance plans from different providers.