InsurTech100 company Novidea forms partnership with Harbour Underwriting to improve customer experiences

Insurance software developer Novidea will deploy its end-to-end platform into managing general agent (MGA) Harbour Underwriting as part of a new partnership.

Arbol raises about $7m in Series A

InsurTech Arbol completed a Series A fundraising round worth about $7m. No exact number was given.

Greater Than completes $16m share issue

Swedish InsurTech company Greater Than has completed a directed share issue of around SEK 136m ($16m).

InsurePay scores $5m in its Series A round

InsurePay has collected $5m in its Series A to help it continue the development of its workers’ compensation insurance software.

Zego becomes UK’s first InsurTech unicorn after securing $150m in new round

London-based InsurTech Zego raised $150m in a Series C funding round valuing the company at $1.1bn.

Digital Insurance Group and dacadoo add lifestyle-based product for insurance customers

Amsterdam-based Digital Insurance Group (DIG) and Swiss InsurTech dacadoo entered into a partnership to further expand insurance solutions for banks, insurers and brokers with a new "Quote & Buy" product.

InsurTech Alan earns the unicorn horn after latest funding round

French health insurance firm Alan raised $220m in a Series D funding round led by Coatue, with a valuation at $1.67bn.

Snapsheet forms strategic partnership with reinsurance firm SCOR

Digital claims management software developer Snapsheet has established a strategic partnership with tier one reinsurance firm SCOR.

Majesco to accelerate Cigna’s digital transformation through new deal

Cloud insurance software solution developer Majesco will bolster the digital transformation of global health service company Cigna, as part of a new partnership.

Betterfly closes $60m Series B hot off the heels of former round

Betterfly, an InsurTech startup, has closed its Series B on $60m, coming just six months after its former round.

News Stories

How banks can strength their risk-based approach to financial crime

A recent case study by financial crime prevention firm Acuminor has detailed how banks can improve their stance of tackling the financial crime threats they face through its risk-focused technology.

Half of insurance customers would consider coverage from digital firms

A report by Capgemini and Efma has discovered that 50% of insurance customers are willing to consider coverage from digital-based firms.

Why financial institutions may need tools to understand Portuguese for due diligence

To ensure financial institutions understand the risks of doing businesses around the world, having a due diligence and adverse media screening tool that understands Portuguese is vital.

US set to sanction crypto wallets and exchanges in ransomware crackdown

The Biden Administration is expected to begin issuing sanctions against crypto exchanges, wallets and traders used by ransomware groups to crackdown on cyberattacks.

Monese unveils new BaaS platform, enters partnership with Investec

Challenger bank Monese has entered a strategic partnership with Investec Bank following the recent introduction of the former’s banking-as-a-service (BaaS) platform.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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