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608

Aurora Exchange Announces Partnership With Maiden Life and MANGOPAY at LendIt Europe 2016

By LTP

Aurora Exchange announces the first P2P lending platform to combine FinTech and InsurTech, built in partnership with Maiden Life and MANGOPAY.
(more…)

Fintech news, Insurance, p2p-payments, p2p/online lending

October 19, 2016

604

Report: 2016 Is A Consecutive $1B+ Funding Year For The Insurance Tech Sector [212 Pages]

By Tracxn

Following an all-time best year in terms of funding in 2015 ($2.9B in 163 rounds), 2016 was another good year for the insurance tech sector, with $1.29B invested in 112 rounds despite a significant fall in the number of rounds. (more…)

Fintech news, Global trends, Insurance, Marketing Report

October 17, 2016

716

Insurance sector worried as insurtech start-ups cosy up to customers

By  for Financial Times

Half of incumbents believe they will lose 20% of their business to start-ups. (more…)

Fintech news, Global trends, Insurance

October 15, 2016

526

Snapsheet raises $20m to license virtual claims processing tech to insurance carriers

By Finextra

Snapsheet, the prominent provider of virtual claims technology and services, today announced the closing of a $20 million series C investment round, led by F-Prime Capital and IA Capital Group, with strategic participation from Liberty Mutual Strategic Ventures, Intact Ventures Inc. and a USAA subsidiary. (more…)

Deals, Fintech news, Insurance, SME

October 15, 2016

700

865

Why Insurance Will Be Bigger — and Invisible — In 20 Years

By Derek Klobucher for Forbes

You might want to take a mental snapshot of what insurance looks like, because children born today could make up first generation that won’t know what insurance is. That’s not because insurance won’t be a thing; it will just look a lot different in 20 years. (more…)

Global trends, Insurance, Security

October 14, 2016

836

Three Reasons Why Asia Will Be The Hottest InsurTech Market

By George Kesselman for Forbes

If I could charge a dollar every time someone asked me this year, “George, what’s the latest and ‘hottest’ InsurTech [Insurance Technology] startup in Asia?” I would have probably saved enough to buy the much anticipated upcoming MacBook Pro! (more…)

Hong Kong, Hotnews, InspirAsia, Insurance, Singapore

October 11, 2016

546

How One Company Is Empowering Brokers and Insurers in the Face of InsurTech Rivalry

By LTP

The relatively young but quite vibrant history of InsurTech proves that the industry has a lot of potential in causing significant transformation in the insurance business. Since 2013, insurance technology has been actively taking off and creating its own niche in the market. The use of disruptive technologies like big data, Internet of Things (IoT), mobile technology, AI, social network and blockchain are gaining momentum – and InsurTech firms are looking for a scope to capitalize it. (more…)

Fintech news, Global trends, Insurance

October 3, 2016

654

Ten fintech start-ups that are causing a stir in insurance

By Oliver Ralph for Financial Times

For a long time, the fintech start-up scene took little interest in the seemingly sleepy world of insurance. Payments, foreign exchange and peer-to-peer lending grabbed the headlines, plus the funding (more…)

Insurance

October 3, 2016

520

Startup Oscar Posts $105 Million Obamacare Loss in 2015

By Zachary Tracer for Bloomberg

Startup Oscar Health Insurance Corp. lost $105.2 million in its New York and New Jersey businesses last year, a sign that insurers of all sizes are struggling in the new markets created by President Barack Obama’s health-care overhaul. (more…)

Fintech news, Insurance

October 2, 2016

607

Is Insurance Bintcoin’s Killer App?

by Justin Oconnel for Hacked

An insurance platform based on the blockchain. That’s what those pesky blockchainers – who find themselves on the cutting edge of fintech – find themselves now considering for an industry long marred by hacks, loss of coins and other compromised value. (more…)

Blockchain, Insurance

September 29, 2016

636

Peer-to-peer companies set their sights on disrupting the insurance industry

By Luke Graham for CNBC

Start-ups are using new strategies to bring disruption to the trillion-dollar insurance industry.

(more…)

Insurance

September 24, 2016

802

P2P insurance firm Lemonade launches out of stealth, powered by chatbots, morals, and big bucks

By Paul Sawers for VB

Lemonade, a peer-to-peer (P2P) insurance firm that’s been in stealth for a year, has finally launched to the public in its first market. (more…)

Insurance, news

September 22, 2016

Insurtech startup FinanceFox raises $28M in Series A

By Finextra

FinanceFox, Europe’s leading independent service platform for insurances, brokers, and consumers, announced today that it has raised $28M – the largest InsurTech round in Europe to date – led by Target Global and Horizons Ventures. (more…)

Deals, Insurance

September 21, 2016

1008

InsurTech Conference 2016

InsurTech 2016 aims to be the knowledge-exchange platform to foster synergies among market players to find solutions to implement and promote best innovative insurance practices in a collaborative, open and transparent manner. From keynote speeches to fireside chats, panels, showcasing, startup pitches and users cases from entrepreneurs and insurance professionals within the InsurTech ecosystem, join us in the inaugural global event focused on insurance & technology. (more…)

Hotnews, Insurance

September 14, 2016

812

A major insurance firm just joined this blockchain consortium

By Lynsey Barber for CityAM

The blockchain consortium R3 has signed up yet another new member, this time the major US insurance firm MetLife. (more…)

Analytics, Blockchain, Cryptocurrencies, Insurance

September 1, 2016

672

How fintech can lift the insurance sector

The Insurance Regulatory and Development Authority of India (Irdai) came out with draft regulations for insurance e-commerce in June. Irdai hopes to lower the cost of transacting insurance business, and improve efficiencies and reach through these norms. E-commerce is also seen as an effective medium to improve financial inclusion in a cost-efficient manner, the draft said. (more…)

Global trends, Insurance

August 22, 2016

628

German insurance startup Clark closes €13.2M Series A

By Steve O’Hear for Techcrunch.com

When I spoke with Jan Beckers, chairperson of fintech company builder FinLeap, earlier this year, he was particularly bullish about the insurance sector and the shake up he expects insurance brokering to receive because of new technology. That’s something we are starting to see happen. (more…)

Deals, Insurance

August 2, 2016

1071

The new-world insurance agent

By Peter Colis for Techcrunch

Silicon Valley is building the new-world insurance agent. My grandfather started selling insurance in the 1950s and insurance eventually granted him the American dream. (more…)

Fintech news, Global trends, Insurance

April 17, 2016

881

Contactless soaring in popularity

Contactless now makes up one in five of all face to face card payments under £30, figures show after a five fold increase in their use by shoppers.

(more…)

Cashless, Global trends, Insurance

April 4, 2016

1143

The insurance tech equation

By Choon Yan for Techcrunch.com

Insurance policies can be complex, and some policyholders may not understand all the fees and coverages included in a policy. (more…)

Global trends, Insurance

April 4, 2016

1055

Slice Labs raises $3.9M to insure on-demand workers when they’re on the job

By Anthony Ha for techcrunch.com

Tim Attia, co-founder and CEO of Slice Labs, said there’s “a ticking time bomb” threatening the on-demand economy — namely, insurance and liability. (more…)

Global trends, Insurance

March 29, 2016

4383

Insurtech

This year insurance companies, witnessing tremendous changes taking place in the banking sector, intensified research and collaborations with startups in the sector.

Read our full research “Money of the Future”. Download PDF (20MB)
(more…)

Fintech news, Global trends, Hotnews, Insurance

March 23, 2016

1618

Infographic: Millennials More Likely to Purchase Insurance From Tech Firms

By FintechNews Switzerland

Changing behaviors and preferences from Millennials combined with the emergence of technologies such as the Internet of Things (IoT), is pushing the insurance industry towards massive disruption, according to a new report by Capgemini and Efma. (more…)

Fintech news, Global trends, Insurance

March 21, 2016

Why venture capital firms are pouring money into health insurance

(more…)

Fintech news, Global trends, Insurance

March 19, 2016

5435

7 Flavors of FinTech in insurance

by Roger Peverelli and Reggy de Feniks, founders of Digital Insurance Agenda and DIA Barcelona

VC investments in insurance fintech firms quadrupled compared to 2014. NYC health insurance start-up Oscar became the posterchild for customer engagement, the proof that insurance could be made sexy.

Read our full research “Money of the Future”. Download PDF (20MB) (more…)

Fintech news, Global trends, Hotnews, Insurance

March 15, 2016

1739

China Tightens Restrictions on Insurance Purchases in Hong Kong

By Zheping Huang for the Quartz.com 

China has issued new restrictions on citizens buying insurance in Hong Kong, the latest move to stem capital outflow and keep the renminbi strong. (more…)

China, Fintech news, Government activities, Insurance

March 15, 2016

1793

10 Insurtechs for dramatic cost savings

By Roger Peverelli and Reggy de Feniks
Roger and Reggy are the founders of Digital Insurance Agenda and DIA Barcelona and the authors of the worldwide bestseller ‘Reinventing Financial Services’.

Winning insurtechs are those that tap into the key challenges insurance carriers are facing. In this post the second of seven different flavours of winners in fintech insurance: Insurtechs that drive dramatic cost savings. (more…)

Analytics, Fintech news, Global trends, Insurance

March 9, 2016

1125

The changing face of insurance

By Jennifer Fitzgerald for Techcrunch.com,

It’s only 2016, but the real world is quickly moving into the realm of science fiction. Drones, driverless cars and not-really-hoverboards are (or soon will be) commonplace. (more…)

Fintech news, Insurance

March 9, 2016

770

This is how Australia is changing to become startup friendly

In interviews with the Australian Ambassador to Israel and StartupAUS’ Acting CEO, Geektime learned how Australia is making big changes to grow their ecosystem (more…)

Banks, Deals, Fintech news, Global trends, InspirAsia, Insurance, news

March 4, 2016