54 articles tagged with this keyword


GoCarless and ICE InsureTech partner on faster payments for insurance firms

GoCardless, the bank payment company, has announced a strategic partnership with award-winning insurance software platform ICE InsureTech, to deliver faster and seamless automated payment collection for insurance companies in Australia and New Zealand.


NYDFS adopts guidance on AI use by insurance firms

Today, Department of Financial Services (“DFS”) Superintendent Adrienne A. Harris adopted guidance to protect consumers from unfair or unlawful discrimination by insurers using artificial intelligence.


AutoRek and JPMorgan Payments join forces to improve insurance firm's premium processing

AutoRek, a leading insurtech that streamlines premium processing operations within insurance firms, today announced that it has joined forces with J.P. Morgan Payments to help insurance firms overcome data complexities and present new market opportunities.


Wefox rescued from insolvency amid "profound" restructuring

One-time insurance unicorn wefox has secured €25 million in fresh capital amid a brutal restructuring effort to keep the ailing business afloat.


Pan-European insurance startup for expats Feather raises €6m

The startup revolutionising insurance for European expats with bespoke, digital-first solutions – Feather raises €6 million in funding. The round was led by Keen Venture Partners with Plural and senior leaders from Allianz, AXA and Bastian*.


One Inc completes ClaimsPay installation for Zurich North America

One Inc, the leading payments network for the insurance industry, announced today that Zurich North America has successfully implemented One Inc’s digital claims payment system for outbound claims payment capabilities.


Elmore and Green Swan to offer insurance coverage against APP fraud

Elmore Insurance Brokers and RegTech Green Swan Compliance have teamed up on the development of an Authorised Push Payment (APP) Fraud Reimbursement Insurance product for qualifying UK banks, Payment Service Providers, E-Money Institutions, and Authorised Payments Institutions.


How cloud and SaaS enable customer-centric innovation for banks

Join FinextraTV at the Temenos Community Forum 2024 as Azfar Karimuddin, Chief Cloud Officer, Temenos & Dan Broten, CTO, EQ Bank, explore the advantages for banks running on the cloud, including how the technology helps to deliver better customer services and experiences. Discussing SaaS, they also pinpoint exactly how this technology can help banks innovate faster and develop new business models.


Insutech bolt names Jeff Staley head of sales

bolt, the insurtech with the country’s largest technology-enabled insurance exchange, today announced the appointment of Jeff Staley as Head of Sales. Staley will be responsible for leading bolt’s sales efforts across its core business segments and meeting the company’s growth targets.


Insurtech Cover Whale raise s$27.5m in debt and equity

Leading insurtech specializing in connected insurance for commercial auto, Cover Whale announces $27.5 million funding in debt and equity from investment funds managed by Morgan Stanley Expansion Capital.


Vitesse secures $93 million Series C

Vitesse, a leading treasury and payment solutions provider for the insurance industry, today announced the completion of a $93M Series C funding round led by leading global investment firm, KKR, with participation from existing investors, including Hannover Digital Investments.


ABN Amro to sell its stake in life insurance joint venture Neuflize Vie

ABN AMRO, through its French private bank branch Neuflize OBC, has entered into exclusive negotiations with BNP Paribas Cardif to form a strategic partnership in life insurance in France.


Erste Bank Hungary launches in-app flight delay insurance

Erste Bank Hungary, part of Erste Group, one of the largest financial services providers in Central and Eastern Europe, has launched Erste Flight Delay Insurance to its banking customers in their George app.


Wefox warns shareholders of insolvency

Insurance unicorn Wefox has warned investors that it may soon face insolvency due to financial losses and regulatory charges.


Cover Genius closes $80 million in Series E funding

Today, Leading insurtech for embedded protection, Cover Genius closes $80M Series E funding round.


Bunq to to bundle travel insurance into premium plans in tandem with Qover

Qover, a leading insurtech company driven by a vision of creating a global safety net through insurance, is proud to announce its partnership with bunq, the second largest neobank in Europe. bunq users across seven markets will have worldwide, one-time activation travel insurance included in one of their plan options.


Bunq makes GenAI assistant fully conversational

Dutch neobank bunq has upgraded its GenAI assistant Finn to make it "fully conversational" and rolled out a travel insurance product.


Close Brothers Motor Finance extends customer outreach with Zuto

Vehicle finance provider, Close Brothers Motor Finance, has joined Zuto’s marketplace of trusted lenders, enhancing access to its products and digitising the customer journey.


Climate risk insurance outfit Arbol raises $60 million

Arbol, a leading climate risk solutions provider operating in over 15 countries, announced today that it has closed a $60 million Series B funding round, co-led by Giant Ventures and Opera Tech Ventures with participation from Mubadala Capital.


Q1 sees almost 500 fintech deals

There were nearly 500 fintech financing and M&A deals in the first quarter of 2024, with insurtech, crypto and blockchain proving hot areas, according to data from Royal Park Partners (RPP).