FCA levies £90m penalty against Lloyds Bank General Insurance for misleading comms
Insurer offered “competitive pricing” the FCA found to be false.
InsurTech
Tesco Bank appoints Gary Duggan as CEO for underwriting business
Duggan to join Tesco Underwriting in July, and stay for 12 months.
VC funding into fintech grows as sector embraces latest AI and gaming trends
VCs are ultimately looking for extraordinary entrepreneurs and companies to invest in.
Fintech funding deals globally 31 May – 6 June 2021
Featuring Wefox, Bought by Many, Chipper Cash, YieldStreet, and Kushki.
FinTech Futures Jobs: Three companies actively hiring right now
Exciting vacancies at MSCI, Finastra and Checkout.com. Apply today!
Digital insurer Wefox raises $650 million in Series C funding round
The funding round was four times over-subscribed and is a mix of new and existing investors.
Porto Seguro strengthens credit risk with AI-based solution from Brighterion
Porto Seguro has become the first taker in Brazil for the Mastercard company’s AI for Credit Risk.
Super gains $50m Series C funding for home warranty sector solutions
New investor, Wells Fargo Strategic Capital (WFSC), has led the $50 million round.
Fintech funding deals globally 10-16 May 2021
Featuring Gojek, Ethos, CloudWalk, Yuanbao, and Athena.
Curo Fund Services goes live on Temenos accounting platform
South African insurance processor finishes first phase migration of five systems.
Fintech funding deals globally 3-9 May 2021
Featuring Wealthsimple, CollectiveHealth, Bitso, Shift Technology, and Forge Global.
Fintech funding deals globally 19-25 April 2021
Featuring Alan, Deel, Chargebee, Classy, and Tamara.
Fintech funding deals globally 12-18 April 2021
Featuring Clearcover, Razorpay, The Zebra, Netstars, and Fintern.
Three trends for insurers to watch in the post-COVID era
We can expect the insurance industry to take some major steps.
Fintech funding deals globally 29 March – 4 April 2021
Featuring HighRadius, Next Insurance, dLocal, Pipe Dream Technologies, and Paidy.
Box: Insurance isn’t just about premium rates, it’s about the entire user experience process
Vaneet Grewal, Box’s financial services managing director, talks to FinTech Futures.
Fintech funding deals globally 22-28 March 2021
Featuring Dataminr, Blockchain, Feedzai, Jumio, and Pie Insurance.
Fintech funding deals globally 15-21 March 2021
Featuring SumUp, eToro, Plaid, SecurityScorecard, and Coalition.
Policybazaar raises $75m to power Middle East expansion
Indian insurance firm aims to sell $1 billion in contracts by 2022.
Banking Technology March 2021 issue out now
Creating communities: celebrating women in fintech this Women’s History Month
Insurtech Zego lands $150m Series C to join unicorn club
“It is clear that the way people use vehicles is undoubtedly changing”.
Fintech funding deals globally 22-28 February 2021
Featuring Chargebee, Tyme, TypTap Insurance, Anchorage, and Earnix.
Insurance software: choosing wisely
Here’s how to navigate the abundance of insurance tech offerings to choose from.
Banking Technology February 2021 issue out now
The roaring 20s.
Fintech funding deals globally 1-7 February 2021
Featuring Stash, Built, LeaseLock, Valon Mortgage, and Metromile.
Fintech funding deals globally 25-31 January 2021
Featuring Robinhood, Nubank, Melio Payments, Albert and Rhino.
Rhino raises $95m to support US renters
US-based insurtech believes the industry is set for “explosive growth”.
Kenyan agri-insurtech Pula raises $6m Series A
The funding round was led by Pan-African early-stage venture capital firm, TLcom Capital.
FinTech Futures Jobs: five awesome fintech companies founded by women
Featuring Aya Payments, Modularbank, First Boulevard, GoHenry, and Alinea Invest.
Embedded insurance: a $3tn market opportunity, that could also help close the protection gap
All players should look carefully at this space and define strategies of “where to play” and “how to win”.
Banking Technology December 2020 / January 2021 issue out now
Ready to take 2021 by the horns.
Don’t turn a blind eye to spreadsheet vulnerabilities
Introducing PrizmDoc Cells, a secure solution in an intuitive, Excel-like web interface.
E-book: Migration to cloud – your guide to delivering an intuitive customer experience
Learn how to transform the entire organisation with the migration to the cloud.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
Fintech execs race towards workplace diversity
Divido’s Christer Holloman launches Fintech Finishers to raise D&I awareness.
You are not everybody
With remote working, productivity may be up. But what about creativity and serendipity?
FinTech Futures Jobs: six skills that can get you hired in fintech
The global market is predicted to grow at a rate of 25% annually – plenty of opportunities for job seekers!
COVID-19: Hard road ahead for insurtech companies
The global head of Willis Towers Watson Reinsurance Tech anticipates a rocky road ahead for insurtech.
FinTech Futures Jobs: eight tips for landing a job in a new city
And make sure to check out Fintech Futures Jobs for a variety of excellent vacancies!
Malta-based Oney Insurance picks Comarch’s business intelligence tech
The project encompasses building an insurance-specific data warehouse, based on Comarch’s cloud BI solution.
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