EMC Insurance to improve fraud detection with FRISS

US property and casualty insurer EMC Insurance Companies has chosen FRISS to help it detect insurance fraud.

Barclays boosts SME offering through new partnership with invoice insurance platform Nimbla

Single invoice insurer Nimbla has signed a deal with UK high street bank Barclays to provide its SME customers with the option to take out insurance against individual invoices for as little as £6.

battleface closes seed round as it eyes global expansion

Battleface, a digital travel insurance company, has closed a seed investment from Fintech Ventures Fund to help expand its global reach.

Sedgwick acquires SaaS developer to boost insurance restoration contracting services

Sedgwick, a technology-enabled risk, benefits and integrated business solutions, has acquired SaaS solution developer G&E Enterprises for an undisclosed amount.

FRISS to boost fraud protection capabilities at Snapsheet

FRISS, a fraud and risk solution developer, has partnered with insurance software platform Snapsheet.

Berkshire Hathaway picks CLARA to improve compensation claims

Berkshire Hathaway Homestate Companies has selected CLARA analytics, an AI solution developer for the insurance space, to improve its compensation claims operations.

Insurify bags $23m in its Series A round

Insurify, an AI-powered insurance comparison platform, is moving into home, renters and life insurance comparison after raising $23m in its Series A

Cape Analytics secures funding from State Farm Ventures

Geospatial property data company Cape Analytics has secured an investment from State Farm Ventures.

Why German Getsafe dared to launch in the UK just days ahead of Brexit

Brexit has caused a lot of uncertainty for FinTech firms. However, those worries have not stopped Getsafe from venturing into Britain.

Consumer experience platform Zipari bags $22.5m in Series B

Zipari, a consumer experience platform for the health insurance space, has bagged $22.5m in a Series B round.

News Stories

Millennials less aware about phishing threats than other age groups as nine out of...

Just because they are digitally native, it doesn’t mean that millennials are better at cybersecurity than their older peers.

Pine Labs secures investment from Mastercard

Pine Labs, a payment acceptance software builder, has received an investment from Mastercard as part of a new partnership.

BNP Paribas boosts partnership with Tink to reach Italian customers

BNP Paribas has extended its partnership with open banking platform Tink to supply its customers with more personal finance tools.

Banks refuse to reimburse fraud if consumer ignores any warning message

Banks are refusing to cover losses in fraud cases if they can prove they show fraud warnings at the point of purchase, according to a study from Which? Money.

Businesses suffer longer system outages due to ransomware attacks

Ransomware attacks are becoming more severe with businesses suffering from infections being out for up to 16.2 days on average, up from 12.1 days in the third quarter of 2019.