Category : InsurTech

Fintech InsurTech News

OIP Insurtech Joins Insurity as a System Integrator Partner to Enhance Insurance Technology Implementations

Business Wire
by Business Wire0
As a SI partner, OIP Insurtech will leverage its extensive experience with Insurity’s products to provide best-in-class system integrations and deliver real value to insurers Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced that OIP Insurtech has become a System Integrator (SI) partner, further......
Finance Fintech InsurTech News

Zywave 2024 Stewardship Report Highlights Accelerating Insurtech with Innovation & Insights

PR Newswire
by PR Newswire0
Enhanced digital solutions to deliver better results for customers in 2025 Leading insurtech provider, Zywave, today released its 2024 Stewardship Report detailing how the company is helping to boost customer growth through the continued enhancement of its digital products and services. Highlights from 2024 include: Completed 460+ product releases to improve......
Finance Fintech InsurTech News

Over 50% of Insurance Firms Will Shift to SaaS as Data Challenges Grow

PR Newswire
by PR Newswire0
New report shows why insurers are struggling under an avalanche of complex transactions AutoRek, a leading software provider to companies in the global financial services sector, today released the findings of their insurance industry report that says two-thirds of firms contend with at least 10 data sources or inputs to......
Artificial Intelligence Banking Cloud Featured Finance Fintech InsurTech Robotic Process Automation

The Impact of Embedded Insurance on InsurTech

Fintech Staff Writer
by Fintech Staff Writer0
As the insurance industry undergoes a quiet revolution, embedded insurance has emerged as a transformative force, reshaping how protection is offered and consumed. Driven by advancements in technology and evolving consumer behaviors, this innovative model integrates insurance coverage seamlessly into the purchase of products or services. Unlike traditional standalone policies,......
Artificial Intelligence InsurTech News

Nirvana Insurance Secures $80 Million Series C to Redefine Commercial Insurance with AI

PR Newswire
by PR Newswire0
Nirvana Insurance, the leading AI-driven commercial trucking insurer, announced an $80 million Series C funding round, valuing the company at nearly $850 million. This round came after a momentous year for Nirvana, which exceeded $100 Million in Premiums, more than doubling year over year. The round was led by General Catalyst with continued support......
Fintech InsurTech News

CoverForce Secures $13 Million in Series A Funding Led by Insight Partners to Build Infrastructure and Connectivity Between Insurance Carriers and Agencies

PR Newswire
by PR Newswire0
CoverForce, a leading infrastructure platform for commercial insurance, announced a $13 million Series A funding round led by global software investor Insight Partners with participation from Nyca Partners. The investment will accelerate CoverForce’s mission as a leading marketplace for quote-and-bind API connections, enabling seamless digital interactions between insurance carriers, agencies,......
Fintech InsurTech News

FP Alpha Expands AI-Powered Solutions with NextGen Tax Insights and New Enterprise Features

PR Newswire
by PR Newswire0
FP Alpha, the AI-powered tax, estate, and insurance planning platform for financial advisors, is proud to introduce NextGen Tax Insights, a first of its kind AI-driven feature designed to assist advisors in the tax planning process. Announced at the T3 Conference, NextGen Tax Insights empowers financial advisors with high-level, actionable tax insights for......
Fintech InsurTech News

CompScience Secures $27.6M Series B to Advance AI-Driven Insurtech for Workplace Safety

PR Newswire
by PR Newswire0
Sands Capital Leads Round to Accelerate Risk Prevention, Insurance Innovation, and Market Expansion  CompScience, the leading active commercial P&C insurance, announced the successful close of its $27.6M Series B funding round, led by Sands Capital. This investment will accelerate product innovation, scale operations, and expand market reach to help more organizations prevent serious......
Artificial Intelligence Fintech InsurTech News

Millennials Lead in AI Comfort and Trust, While Gen Z Emerges as Key Audience for AI-Driven P&C Insurance Solutions, Insurity Survey Finds

Business Wire
by Business Wire0
The Insurity 2025 AI in Insurance Report reveals generational divides in AI adoption and trust, highlighting critical insights for insurers navigating the future of P&C insurance Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, announced new findings from its 2025 AI in Insurance Report, shedding......
Fintech InsurTech News

Survey: 78% of Insurance Execs Say Closing $1.8 Trillion Protection Gap Is an Ethical Obligation

PR Newswire
by PR Newswire0
More than 500 insurance leaders weigh in on risks, opportunities and trends to watch through 2040 The global protection gap – the difference between insured and uninsured losses across life, health, natural catastrophe and crop insurance – was last estimated at $1.8 trillion. A new “future of insurance” survey of more than 500......
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