Barclays announces new fintech partnership with insurance pioneer, Nimbla
In a high street banking first, Barclays has announced a partnership with Nimbla, a pioneer of single invoice insurance. Barclays’ one million SME clients will have the opportunity to benefit from the partnership, with the new ability to take out insurance against individual invoices, rather than the whole book.
Ledger Vault Obtains Groundbreaking Custom Crime Insurance Policy
Ledger, the global leader in security and infrastructure solutions for digital assets and blockchain applications, today obtained a crime insurance policy covering digital assets secured by the Ledger Vault platform.
New Survey Shows Key Role of Technology in Client Acquisition
Finantix, the leading global provider of trusted technology to the wealth management, insurance, and banking industries, today launched the first part of a wealth management market survey, "New Client Acquisition: How can technology drive sales effectiveness in wealth management”. In this first chapter the research looks to identify the drivers for next generation client acquisition in wealth management and what part technologies have to play... more
Lloyd's of London Chair Joins Insurtech Startup Cuvva
- 6 years 4 months ago
- Insurtech
Cuvva, a UK startup pioneering hourly insurance policies, has snagged Lloyd's of London chair Bruce Carnegie-Brown as its new chairman. Carnegie-Brown, who succeeds inaugural chairman Nick Parker, has over three decades of experience in the financial sector in the insurance, banking and asset management sectors. He is chairman at Lloyd’s of London, vice-chairman at Banco Santander, and was chairman of MoneySuperMarket until May this year.
The Social Insurance Institution of Finland to test a new type of digital smart money
The Social Insurance Institution of Finland – Kela and Tieto will carry out a proof of concept in 2019 which will seek to develop a digital payment guarantee usable either with a mobile application or a payment card. A new type of digital payment guarantee, the smart money could help digitalise some of the processes related to payments. Kela and Tieto will develop a proof of concept in 2019 designed to test smart money either with a mobile... more
VERMEG AgileREPORTER mentioned Best Regulatory Reporting Management Solution
VERMEG, the global banking, insurance and digital transformation leader announces that AgileREPORTER has been awarded Best Regulatory Reporting Management Solution at the Grant Thornton UK LLP RegTech Index launch. The RegTech Index is designed to assist discerning firms achieve an immediate short-list of solutions that are not only best in class regulatory technology in themselves, but that are also provided by a vendor with a track record of... more
Insurtech Policy Expert Secures Double Award Win for Digital Technology and eCommerce
- 6 years 4 months ago
- E-Commerce, Insurtech
Policy Expert, the digital home insurer, is celebrating two award wins, having been named a ‘National Winner’ in the 2019 European Business Awards – one of the world’s largest business competitions – as well as ‘Best Financial Services eCommerce’ at the eCommerce Awards 2019. The insurtech firm has been recognised at the European Business Awards as the best business in the UK among its peers for innovative use of technology.
SACE SIMEST announces innovative Fintech partnership with Ebury to support Italian SMEs
- 6 years 5 months ago
- Insurtech
SACE SIMEST, the export and internationalisation hub of Cassa Depositie Prestiti Group, and Ebury, one of Europe's leading Fintech companies offering global transaction banking services to businesses, have signed a partnership which will facilitate access, especially for SMEs, to a number of insurance and financial solutions that can improve their international competitiveness.
AkinovA Leads Insurtech Innovation with Adoption of OpenFin, the Ubiquitous Capital Markets OS
- 6 years 5 months ago
- Insurtech
AkinovA, the electronic marketplace for the transfer and trading of re/insurance risk, together with OpenFin, the operating syste
Trov Launches White-Label Insurtech Platform and Partners with Lloyds Banking Group
Trov (www.trov.com), a global leader in insurance technology, is launching a portfolio of end-to-end digital, white-labelled insurance products designed to be rapidly deployed by financial organisations and insurers. Lloyds Banking Group, the UK's largest retail financial services provider, with around 26 million customers and a centuries-old history, will partner with Trov. Later in 2019, Trov and Lloyds Banking Group will release an innovative... more
Smart home revolution: 1.36 million households purchased a smart home device in last eight months
A smart home revolution is sweeping the nation, according to digital home insurer Policy Expert1, which has found that the number of households with a connected home device increased by 5% from 71% in October 2018 to 76% in May 2019.
Mactavish research reveals insurers win 68% of commercial cases concerning disputed claims
- 6 years 7 months ago
- Insurtech
New research reveals that companies who take their insurers to court or public arbitration over non-payment of a claim only win in around one in three cases. The findings are from Mactavish, the UK’s leading expert on commercial insurance governance and disputes, which reviewed every UK court case or arbitration appeal relating to payments under primary business insurance policies (excluding consumer and reinsurance cases) between 2013 and 2019... more
Artesian Solutions Risk & Compliance Hub Selected to Join PwC’s Scale | InsurTech Programme
- 6 years 9 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
- 6 years 9 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
- 6 years 10 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
