Search Results for: insurance sector

ThetaRay and Piie Collaborate in AI Technology for Insurance Payments
Artificial Intelligence InsurTech News

ThetaRay and Piie Collaborate in AI Technology for Insurance Payments

Fintech News Desk
by Fintech News Desk0
Insurtech startup to integrate ThetaRay AML solution to provide risk protection and insights for the insurance industry ThetaRay, a leading provider of AI-powered transaction monitoring technology, and Piie, Inc., an insurtech providing an intelligent payment engine, announced a collaboration to implement an advanced AML solution for insurance claim payments. “ThetaRay’s......
Artificial Intelligence Featured InsurTech

How AI Has Transformed The Insurance Industry

Fintech Analyst
by Fintech Analyst0
Being a part of the tech race for this decade, we need to realize that beneath the volatile prices and meme-worthy facade- AI is a transformative superpower that has unbundled the potential to bank the unbanked and unlocks new economic value to build an equitable tech future ahead in the......
Castlelake Establishes Reinsurer to Provide Insurance Financing Solutions to Aircraft Asset Buyers
Finance InsurTech News

Castlelake Establishes Reinsurer to Provide Insurance Financing Solutions to Aircraft Asset Buyers

Fintech News Desk
by Fintech News Desk0
Castlelake, L.P., a global alternative investment manager specializing in asset-backed private credit with 17 years of experience investing in, financing and managing aviation assets, announced the creation of a Bermuda-licensed reinsurance company, Itasca Re Limited (“Itasca Re”), to offer insurance financing solutions to buyers and owners of commercial aircraft assets.......
BearingPoint Boosts Banking, Insurance and Asset Management Capabilities by Acquiring Levo Consultants
Finance News

BearingPoint Boosts Banking, Insurance and Asset Management Capabilities by Acquiring Levo Consultants

Fintech News Desk
by Fintech News Desk0
Synergies with Levo Consultants will enable the management and technology consultancy to approach customers with stronger offerings and teams BearingPoint, a European management and technology consulting firm, announced it has acquired Levo Consultants, a Paris-based financial services consultancy. Founded in 2018, Levo Consultants offers clients a high level of expertise......
DeFi InsurTech News

Vietnam’s FIRST Decentralized Insurance Protocol Has Been Presented.

Fintech News Desk
by Fintech News Desk0
Nami Insurance officially launched the “Proof of Concept” that proves the feasibility and practicality of the first cryptocurrency insurance product in Vietnam. The decentralized hedging protocol Nami Insurance utilizes blockchain technology to enable a decentralized insurance service and transforms trade risk into the first flourishing opportunity ever. The first of Nami Insurance’s four phases of......
Risk Strategies Acquires Statewide Condominium Insurance
InsurTech News Risk Management

Risk Strategies Acquires Statewide Condominium Insurance

Fintech News Desk
by Fintech News Desk0
Condominium Specialty Broker Adds to Florida Real Estate Capabilities Risk Strategies, a leading national specialty insurance brokerage and risk management firm, announced its acquisition of Statewide Condominium Insurance, a retail broker focused on the condominium and apartment complex risk sectors. Terms of the deal were not announced. Based in Vero......
Digital Asset Management News Technology

Evertas, the Leading Crypto Insurance Company, Closes $14 million Series A To Expand Capacity And Develop New Products And Standards

Fintech News Desk
by Fintech News Desk0
 Evertas, the world’s first and leading crypto insurance company, announced the successful closure of a series A financing round. Led by Polychain Capital, the round raised $14 million. That, in addition to $5.8 million seed financing, puts the company’s total outside investment at $19.8 million. Evertas intends to use the......
Warburg Pincus to Acquire K2 Insurance Services from Lee Equity Partners
InsurTech News

Warburg Pincus to Acquire K2 Insurance Services from Lee Equity Partners

Fintech News Desk
by Fintech News Desk0
Partnership with Management to Support Company’s Next Phase of Growth K2 Insurance Services, a leading independent specialty insurance program manager, announced that Warburg Pincus, a leading global growth investor, has agreed to acquire the company from Lee Equity Partners, LLC a growth oriented middle market private equity firm. The investment......
Redaptive, Rabobank and Energetic Insurance Reveal $50 Million Partner-Driven Effort to Support Energy Efficiency Projects
Banking News

Redaptive, Rabobank and Energetic Insurance Reveal $50 Million Partner-Driven Effort to Support Energy Efficiency Projects

Fintech News Desk
by Fintech News Desk0
Energetic Insurance and Rabobank work to expand Redaptive’s diverse customer base with credit insurance to support $50 mln credit facility Redaptive, a San Francisco-based Energy-as-a-Service provider of energy-saving and energy-generating equipment, has announced the start of a three-company partnership designed to enhance its capability to promote a 1,000+-site portfolio of......
CerebrumX to Use Ford Connected Vehicle Data, with Customer Consent, to Help Transform Auto Insurance in North America
InsurTech News

CerebrumX to Use Ford Connected Vehicle Data, with Customer Consent, to Help Transform Auto Insurance in North America

Fintech News Desk
by Fintech News Desk0
Using the CerebrumX platform, Insurers can offer end-to-end usage-based insurance (UBI) programs with a reduced time to market and cost advantage for eligible 2020 model year or newer Ford and Lincoln vehicles CerebrumX Lab Inc., an AI-driven automotive data services & management platform, announced it will incorporate Ford connected vehicle data to......
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