Skyline, Howden, and Munich Re in parametric insurance alliance
Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.
Tax credit FinTech app Adsum collects $5m
Adsum, a tax-based financing company, has collected $5m in funding from Episode 1 and Digital Horizon.
Socotra in Avolanta take-over to modernise insurance
Socotra, a platform for insurers and InsurTech MGAs, has acquired Avolanta, a software startup offering a unified portal for the insurance industry.
Data management startup Fulcrum scores $5m
Fulcrum, which empowers customers to take control of their data, has secured a $5m investment.
Amex backs Trellis’ insurance vision
Digital insurer Trellis has received an investment from Amex Ventures, bringing its total funding to $17m since inception.
Global PayTech TransferMate reaches $1bn valuation
B2B payments infrastructure-as-a-service TransferMate has reached a $1bn valuation after closing a $70m funding round.
Livlet joins forces with Hiscox for home insurance
Livlet, a smart home management platform, has partnered with specialist insurer Hiscox for home insurance policies.
G7 rally behind swift and comprehensive regulation for crypto
Finance ministers and central bank governors from the G7 have called on the cryptocurrency industry to receive swift and comprehensive regulation.
Carrot to support Naver with e-commerce returns insurance
Carrot, a digital insurance platform, has partnered with e-commerce shopping platform Naver for shipment return insurance.
Sokin deepens Mastercard partnership with Middle East and Africa jump
PayTech Sokin has signed a partnership agreement with Mastercard to support the roll-out of its fixed-price payment services across the Middle East and Africa.