Blockchain is empowering the future of insurance

By ,  for TechCrunch

The embers of innovation are beginning to char the massive $1.2 trillion underbelly of the largest industry in the world. Every segment of insurance is under competition by entrepreneurs touting new ways to underprice risk, creating new types of premiums and servicing consumers in a tightly regulated on-demand economy. While most startups attempting to gain traction in the insurance market fall under incremental innovation, Blockchain for insurance could be characterized as disruptive. (more…)

About, Blockchain, Global trends, Insurance

October 30, 2016


BBVA’s $250 million fintech fund is backing a startup offering a ‘cafeteria-style menu’ for health insurance

By  for Business Insider

Propel, the $250 million fintech venture capital company set up by Spanish bank BBVA, is set to announce the investment at Money2020 in Las Vegas on Tuesday. (more…)

Banks, Deals, Insurance

October 26, 2016


Alan wants to turn health insurance into software-as-a-service

By  for TechCrunch

Ok, my headline is a bit provocative, but it’s kind of true. French startup Alan is launching today a brand new full-stack health insurance company in France. Compared to existing products, Alan wants to make the experience much sleeker. Here’s how it works. (more…)

Fintech news, Insurance

October 25, 2016


Insurance Giants Launch Blockchain Initiative

By Andrew Quentson for CCN

Five insurance giants, Aegon, Allianz, Munich Re, Swiss Re and Zurich, which in combination manage trillions of dollars in assets, have launched a blockchain initiative B3i to study the feasibility of the use of blockchain technology for insurance and to launch a blockchain based insurance proof of concept. (more…)

Blockchain, Fintech news, Insurance

October 23, 2016


How Insurtech Is Rapidly Changing Insurance And Health Tech Industries

Vladislav Solodkiy, managing partner at Life.SREDA VC, for Forbes

In our recent fintech report “Money of the Future,” we’ve talked about $3 billion in new investments in 2015 in insurtech. Sounds impressive, doesn’t it? Auto insurance companies just in the U.S. spend a total of $6 billion in advertising each year. It means you are a “customer-oriented” and “tech-advanced” company when you are spending twice on advertising more than on real innovators. But several traditional insurance big players – like Chinese giant Ping An – are showing us great examples of how to change your vision in accordance with demands of the new digital era. (more…)

Fintech news, Hotnews, Insurance

October 21, 2016


MEDICI Top 21 – InsurTech: Announcing the 21 Leaders Among the 480 Identified Players

By : LTP

Throughout the three years of dedicated ongoing research in the InsurTech space, the LTP team has explored, defined and shaped the global InsurTech startup ecosystem unlike anyone else. Eventually, LTP established the foundation to build MEDICI – the ultimate FinTech platform for collaborative innovation. We have written about and covered a wide spectrum of startups in our articles on LTP, and our global team has extensive experience interacting with startups and exchanging ideas on a daily basis. (more…)

Analytics, Fintech news, Hotnews, Insurance, Marketing Report

October 21, 2016


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


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

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

October 19, 2016


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


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


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



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


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


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


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


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…)


October 3, 2016


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


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


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.



September 24, 2016


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


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


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


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


German insurance startup Clark closes €13.2M Series A

By Steve O’Hear for

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


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


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.


Cashless, Global trends, Insurance

April 4, 2016


The insurance tech equation

By Choon Yan for

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


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

By Anthony Ha for

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



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)

Fintech news, Global trends, Hotnews, Insurance

March 23, 2016


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