Artesian Solutions Risk & Compliance Hub Selected to Join PwC’s Scale | InsurTech Programme
- 5 years 7 months ago
- Insurtech
The Artesian Solutions Risk and Compliance Hub (ARCH), a SaaS solution enabling commercial teams and underwriters to carry out automated risk screening on prospective clients has been accepted onto PwC’s Scale | InsurTech Programme. The 11 week programme aims to support the world’s most exciting InsurTech scale-ups to expand and grow, bringing advanced innovation and disruption to a market that has been traditionally slow to keep ahead of... more
InsurTech startup Urban Jungle raises £2.5 million in seed funding
- 5 years 8 months ago
- Insurtech
Insurance startup, Urban Jungle today announced a £2.5 million seed funding round with participation from a range of new and existing high profile Angel investors, including Rob Devey, ex CEO of Prudential UK, and Simon Rogerson, CEO of Octopus Group.
Portabl Picked for Plug And Play’s Insurtech Accelerator Program
- 5 years 8 months ago
- Insurtech
Portabl, the insurtech startup designed for freelance, gig and self-employed workers around the world, has been picked by the Plug and Play innovation platform to join its Insurtech Batch of innovative companies. The accelerator identifies high-potential startups and supports their growth and success through introductions to mentors, potential business partners and investors. Portabl is designed to provide a new wave of insurance, benefits and... more
Talanx Is Running Its Asset Management Business On Murex’s MX.3 Platform
The Cologne-based business of Talanx AG, Ampega Asset Management, is using Murex’s flexible and open MX.3 platform for portfolio, order and risk management. With more than 130 billion euros under management, the company has implemented the platform MX.3 for a wide range of asset classes including fixed income, equity, funds, FX and derivatives for all business lines.
XPS extends relationship with RiskFirst to leverage market-leading technology
- 5 years 11 months ago
- Insurtech
XPS Pensions Group, the largest purely pension consulting and administration firm in the UK, has signed an agreement with financial technology business RiskFirst to continue to deliver fast, high-quality and transparent reporting and modelling to clients through PFaroe’s comprehensive suite of analytics.
AI-powered InsurTech Concirrus closes £5 million funding to service growth in customer demand
- 6 years 3 months ago
- Artificial Intelligence, Insurtech, Investment
Concirrus, the London-based InsurTech company leading the Marine and Motor Analytics market change, has raised £5 million in equity funding, bringing the total raised to £12 million. The raise was co-led by Cambridge-based deep tech venture capital firm IQ Capital and specialist InsurTech investor Eos Venture Partners.
BMW Financial Services Announces InsurTech Partnership with Wrisk
- 6 years 3 months ago
- Insurtech
BMW Financial Services (GB) Ltd today announces a partnership with Wrisk that will see the insurtech startup become the sole supplier of BMW and MINI Car Insurance. The partnership follows Wrisk’s time in the first BMW Innovation Lab in 2017, which saw the team win on the final pitch day after developing the platform now being used by BMW.
SSP partners with Pukka Insure for new Commercial Vehicle offering
- 6 years 5 months ago
- Insurtech
SSP has partnered with Gibraltar-based MGA Pukka Insure, to provide brokers with access to its commercial vehicle offering. Designed for commercial vehicles based in the UK (excluding Northern Ireland) the product offers comprehensive cover for vans up to £50,000 in value, with flexible excess options to suit the customer. Cover is available for vans with various modifications such as signwriting or internal racking.
Bank and Insurance Innovators to Benefit from European Oracle Fintech Innovation Program with B-Hive Europe
- 6 years 6 months ago
- Insurtech
European Bank and Insurance Innovators to Benefit from Accelerated Monetization of Fintech Capabilities, Oracle and B-Hive Europe to collaborate on Fintech Innovation Program Oracle has chosen Brussels as a European gateway to roll out its Fintech Innovation Program to Europe. Oracle plans to dedicate additional European staff and resources to set up mutually monetizable relationships with fintechs and digital banking innovators. Oracle plans... more
collab Summit highlights innovation opportunities for insurers
- 6 years 6 months ago
- Insurtech
collab Summit EMEA will hear from industry experts and the eight cutting-edge insurtech finalists. MetLife is highlighting innovation opportunities in the insurance industry at a dedicated summit as its collab 3.0 EMEA progarmme builds to a conclusion.
Insurance customers are unaware of their insurer's offered app
- 6 years 6 months ago
- Insurtech
Two out of three home and motor customers don’t know their insurer offers an app But apps within apps have ‘transformative potential’ for selling and managing policies Insurance customers are apathetic about using apps and the industry is missing out on the ‘transformative potential’ of digital solutions to selling and managing policies, insurance market experts Consumer Intelligence warn.
PR Agency One wins three way bid for UK's first reverse-auction online marketplace for personal finance
- 6 years 6 months ago
- Insurtech
Manchester based agency will handle consumer and trade PR for the disruptive brand Integrated launch campaign will target millennials and young drivers HONCHO, the UK’s first online reverse auction marketplace for personal finance, has appointed PR Agency Oneto handle its UK launch in autumn 2018.
Metlife chooses Cube as a finalist for its insurtech open innovation program
- 6 years 6 months ago
- Insurtech
CUBE’s regulatory change management solution is one of just eight finalists, selected from 148 Insurtech innovators, from 32 countries around the world
InsurTech startup Laka raises £1.1 million seed round
- 6 years 7 months ago
- Insurtech
Browne Jacobson’s corporate team has advised on another InsurTech venture capital deal – assisting crowd insurance pioneer Laka on its £1.1m (US $1.5m) seed round.
collab Winners Are ‘Building a Long-term Relationship’ With MetLife
- 6 years 8 months ago
- Insurtech
Insurtech start-ups competing to win a US$100,000 contract to develop and pilot solutions with MetLife EMEA can look forward to “building a long-term relationship” focused on helping innovation to succeed, previous winners of the insurance giant’s collab programmes say. A large number of insurtechs and entrepreneurs have already applied for “collab 3.0 EMEA”, a global open innovation platform inviting participants to scale their business with... more
