Insurance

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/ai

Neutrinos signs Prudential Financial

Neutrinos announced today its latest technology vendor agreement, partnering to support the Simplified Solutions organization of U.S. based Prudential Financial Inc.'s (PFI) Individual Life Insurance business.

/payments

Policy Expert taps GoCardless for pet insurance payments

Policy Expert, one of the UK’s leading personal lines insurers providing home, motor, and pet insurance to over 1.5 million customers has selected bank payment company GoCardless to offer a simpler way for customers to pay their pet insurance premiums.

/retail

EToro partners Generali to launch PER and life insurance offer in France

eToro, the trading and investing platform, announces today a partnership with Generali, a major player in the French life insurance market, to offer its users in France a life insurance contract and a PER (Plan d’Épargne Retraite) to its users in France.

/wealth

Etops acquires financial planning software provider Finanzportal24

With the acquisition of Finanzportal24, Etops strengthens its position in the market for digital wealth advisory and will offer financial service providers — including independent financial advisors, intermediaries, as well as banks and insurance companies — an even broader range of integrated client advisory solutions.

/startups

Willis launches insurance coverage for fintechs

Willis, a WTW business, (NASDAQ:WTW), today announced the global launch of FinTech Plus, a streamlined, forward-thinking insurance solution crafted specifically for FinTech firms navigating scale, complexity, and regulatory evolution.

Big banks join $63m funding round for Luma

/markets

Big banks join $63m funding round for Luma

Luma Financial Technologies, a platform for structured products and annuities, has raised $63 million in Series C financing led by Sixth Street Growth and joined by a host of existing Wall Street backers.

/retail

UK fintech Masrshmallow secures $90 million in debtt and equity funding at a valuation of $2 billion

Leading UK fintech, Marshmallow, today announces that it has raised $90 million worth of funding from Portage, BlackRock and Columbia Lake Partners.

/retail

AXA to deliver embedded insurance products in collaboration with Ant Bank and Alipay

AXA Hong Kong and Macau ("AXA") announces a strategic partnership with Ant Bank (Hong Kong) ("Ant Bank") and AlipayHK to provide a suite of insurance products and services to millions of active AlipayHK users through Ant Bank and its Mini App in the AlipayHK App.

Monzo moves into contents insurance

/retail

Monzo moves into contents insurance

Monzo is muscling in on the home insurance market to offer contents insurance for unprotected renters and homeowners.

/payments

Smartpay introduces Japan’s first embeded insurance service in BNPL

Smartpay Corporation (Headquarters: Minato-ku, Tokyo; Sam Pemberton-Ahmed, CEO and Founder of Smartpay; hereinafter “the Company”), provider of the “Smartpay” Buy Now Pay Later service, announces the launch of embedded insurance products in the Japanese market, following one year of partnership with Chubb Insurance Japan (Headquarters: Shinagawa-ku, Tokyo; President: Edward Kopp; hereinafter “Chubb Japan”), the Japanese subsidiary of Chubb Group, a world leader in insurance.

/ai

Cytora and Confianza partner for insurance data service

Cytora, the leading digital risk processing platform, and Confianza, a cutting-edge insurtech that is fast-tracking targeted risk selection and loss ratio improvements, today announced a strategic partnership designed to enhance commercial insurance workflows and improve underwriting efficiency.

/ai

Cytora launches explainable agentic AI solution for insurance risk assessments

Cytora has announced the latest version of its digital risk processing platform. Cytora Platform 3.0 enhances the capabilities of the platform by harnessing agentic AI in a fully explainable way.

/sustainable

ZestyAI wildfire risk model available for us n Califronian rate filings

ZestyAI, the leader in AI-powered climate and property risk analytics, announced that Z-FIRE™, its advanced wildfire risk model, is filing-ready in California.

/startups

Aviva Investors launches £150 million early-stage startup fund

Aviva Investors, the global asset management business of Aviva plc, announces it has launched a Venture and Growth Capital fund which aims to give investors better access to early-stage companies and technologies.

Emirates NBD's Deniz Ventures, Rasmal Ventures provide Mena securitisation innovation $7.6m boost

/markets

Emirates NBD's Deniz Ventures, Rasmal Ventures provide Mena securitisation innovation $7.6m boost

The world's first AI-powered securitisation platform, TeamSec, aims to transform the structured finance industry through a securitisation-as-a-service platform.

DriveScore helps good drivers get cheaper car finance

/retail

DriveScore helps good drivers get cheaper car finance

DriveScore, a UK app that uses telematics to track how users drive to help them save on insurance, is moving into car finance.

/startups

Spanish InsurTech Weecover raises €4.2 million

Weecover, the Spanish market leader in embedded insurance, has just closed a €4.2 million round of financing to undertake its growth and international expansion plans.

/retail

PayPal Ventures invests in LatAm insurtech Olé Life

Olé Life, a leading Latin American insurtech company, today announced that it has raised $13 million in Series B funding, led by PayPal Ventures with participation from Mundi Ventures, AV8 and Advent Morro.

/payments

Columbia Insurance Group selects One Inc to modernise payments

One Inc, the leading digital payments platform provider for the insurance industry, is pleased to announce Columbia Insurance Group (CIG), a mutual insurance company specializing in comprehensive property and casualty insurance for small and mid-size businesses, has selected One Inc’s best-in-class digital payments solutions PremiumPay and ClaimsPay, for both inbound and outbound payments.

/retail

CU Financial Group and Sure launch digital insurance platform for credit unions

Sure, the insurance technology leader that unlocks the potential of digital insurance, today announced it has partnered with CU Financial Group, LLC (CUFG) to launch SimpleQuote, a new digital insurance solution that will enable credit unions to offer their members seamless access to insurance.

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