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InsurTech Stories - Page 2

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InsurTech stories

1Cover expands Adyen payments deal, saves AUD $35,000
Digital Transformation

1Cover expands Adyen payments deal, saves AUD $35,000

Consolidating payments across Australia and New Zealand has cut 1Cover's costs by about AUD $35,000 in nine months, with more savings likely.

By Karen Joy Bacudo • 3 min read • Last month
Zurich names Shukla to lead digital push in Asia Pacific
Software-as-a-Service

Zurich names Shukla to lead digital push in Asia Pacific

The insurer’s Asia Pacific digital and embedded insurance arm already spans more than 100 partners, including Cathay Pacific and Trip.com.

By Karen Joy Bacudo • 4 min read • Last month
FintechOS launches AI platform for banks & insurers
Digital Transformation

FintechOS launches AI platform for banks & insurers

Banks and insurers could cut implementation times from months to weeks as FintechOS 8 adds governed AI and new product operations tools.

By Karen Joy Bacudo • 3 min read • Last month
Adeptia Automate 5.2 adds AI access to integrations
DevOps

Adeptia Automate 5.2 adds AI access to integrations

AI assistants can now query live workflow status and diagnostics, reducing reliance on dashboards for regulated firms using Adeptia's software.

By Sofiah Nichole Salivio • 3 min read • Last month
Renew Risk launches offshore windstorm models for Europe
Clean technologies

Renew Risk launches offshore windstorm models for Europe

Insurers face tighter pricing pressure as offshore wind farms in Europe expand into deeper waters and more exposed storm regimes.

By Shannon Williams • 4 min read • Last month
Koala & Volotea launch travel insurance partnership
Customer Experience

Koala & Volotea launch travel insurance partnership

Volotea’s 11 million annual passengers can now buy automatic cover for delays, lost bags and cancellations across its network.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Everest names Sapiens Decision a Luminary in AI report
Digital Transformation

Everest names Sapiens Decision a Luminary in AI report

The recognition could help Sapiens win cautious buyers in regulated sectors, where insurers and lenders need AI decisions they can explain and audit.

By Sofiah Nichole Salivio • 3 min read • Last month
Felix launches AI workflow platform with USD $1.7 million
Drones

Felix launches AI workflow platform with USD $1.7 million

The new platform targets regulated firms seeking auditable AI processes, after Felix raised USD $1.7 million to expand beyond legal work.

By Sofiah Nichole Salivio • 4 min read • Last month
Rosella raises AUD $3.7 million for AI insurance brokerage
Software-as-a-Service

Rosella raises AUD $3.7 million for AI insurance brokerage

The funding will help Rosella target smaller US businesses that insurers often serve slowly, using AI to cut brokerage admin from hours to minutes.

By Sean Mitchell • 4 min read • Last month

Stories from Other Regions

InsurTech stories

Scotiabank launches AI home energy advice tool in Canada
Fintech

Scotiabank launches AI home energy advice tool in Canada

Homeowners can now get personalised retrofit advice and funding guidance as rising energy bills and weather risks boost demand for upgrades.

By Sofiah Nichole Salivio • 4 min read • Last month
Zurich adds bereavement support for millions of customers
Customer Experience

Zurich adds bereavement support for millions of customers

Families using Zurich life protection policies will get free help with probate, funeral arrangements and admin as grief costs climb.

By Kaleah Salmon • 4 min read • Last month
Ripple & Kyobo Life test blockchain bond settlement
Digital Transformation

Ripple & Kyobo Life test blockchain bond settlement

South Korean bond buyers could see near real-time settlement if the pilot cuts the usual two-day wait and counterparty risk.

By Karen Joy Bacudo • 4 min read • Last month
Canopius opens Manchester office as second-largest hub
DevOps

Canopius opens Manchester office as second-largest hub

The insurer is expanding beyond London, with a permanent Manchester base set to house technology and data teams supporting global operations.

By Sean Mitchell • 3 min read • Last month
Narwhal Labs raises GBP £20 million for DeepBlue OS
Software-as-a-Service

Narwhal Labs raises GBP £20 million for DeepBlue OS

The Bristol startup’s pay-as-you-use platform targets firms in regulated sectors that need to automate customer contacts without long deployments.

By Mark Tarre • 3 min read • Last month
Kingstone adopts ZestyAI wildfire model for California
Risk & Compliance

Kingstone adopts ZestyAI wildfire model for California

Wildfire-prone California will test Kingstone’s first expansion beyond the Northeast, with the insurer using property-level AI to price homes more precisely.

By Mark Tarre • 3 min read • Last month
MAS and Feijoa turn daily spending into KiwiSaver growth
Fintech

MAS and Feijoa turn daily spending into KiwiSaver growth

Cost-of-living pressure is nudging MAS members towards tiny automatic KiwiSaver top-ups as Feijoa rounds up card spending.

By Karen Joy Bacudo • 4 min read • Last month
North Star Asia to showcase 300 startups in Singapore
Smart Cities

North Star Asia to showcase 300 startups in Singapore

Investors overseeing USD $350 billion in assets will join more than 300 startups in Singapore as AI shifts towards industrial uses.

By Sean Mitchell • 4 min read • Last month