Russia’s Alfa Group plans to create online insurer Mango
Several million dollars invested in insurance start-up.
Insurance
Credit Karma goes for insurtech
US firm unveils plans for an auto insurance comparison tool.
Dutch banking takes courage from cybercrime exercises
ING and friends mimicked WannaCry ransomware attack.
India’s fintech firms fight against Aadhaar restrictions
They want access to the biometric database to verify customers.
Avoka invokes app digitisation for First Tech FCU
Digitises account opening for more than 40 offerings at US credit union.
Bank of England preps UK fintech for next decade
Its “Vision 2030” looks at the future of finance across the nation.
The great standstill: lack of innovation holding back the insurance industry
The insurance industry is still playing catch-up due to some fundamental barriers.
Insurtech Setoo set to woo with €8m funding
Main investor in Series A round is Kamet, AXA’s insurtech start-up studio.
Yolt cosies up to Anorak’s life insurance advice
Anorak follows in the path of Runpath and Moneytis.
Banco Sabadell and Mutua Madrileña support Spanish VC Antai
They participated in a $20m funding round.
Aviva turns digital insurance air Blue in Hong Kong
JV owned by Aviva, Hillhouse Capital, and Tencent.
Ebix acquires wealthtech Miles Software for $19m
Mumbai-based firm snapped up by e-commerce service provider.
Munich Re acquires IoT player Relayr
Acquisition is via its subsidiary Hartford Steam Boiler.
Insurtech Sagittae targets risk sharing on blockchain
Dutch firm offers peer-to-peer financial protection.
Starling launches Nearby payments and insurance advice
Partnerships with Google and Anorak have made this possible.
Finastra sittin’ on the dock of the Bahrain FinTech Bay
Vendor looks for fintech action in the Middle East.
How insurers and start-ups are targeting the growing cyber insurance market
Sarah Stephens interviews a panel to find out how they’re targeting the cyber insurance market.
UK government preps banking and fintech for no Brexit deal
Just in case things don’t go to plan after 29 March 2019.
Malaysian insurer TPM launches SmartPesa’s POS devices
Policy payments on the spot.
UK regulators unleash new insurer start-up unit
Will help firms apply and get authorised for insurtech action.
Crashmatics: a connected policy for the connected car
Has the insurance industry lost sight of what the “black-box” is for?
SoftBank teams with ZhongAn for Asian insurtech impetus
Bank’s Vision Fund to help Chinese insurer’s overseas ambitions.
Protean Risk unveils new fintech and payment services team
UK insurance broker demonstrates versatility and visibility.
Top fintech stories this week – 17 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Temasek favouring fintech investment over US banks
Singapore-based firm sees it as a more profitable industry.
Amazon takes UK insurers on comparison ride
A price comparison site is rumoured to be in the works.
AAIS pilots open insurance data link on IBM Blockchain
American Association of Insurance Services looks to automate regulatory reporting.
Blockchain: from crypto casino to cross-company data management
What different types of blockchain uses are there, where does cryptocurrency fit in, and why should insurers even care?
ANIA leads insurance blockchain project in Italy
Insurtech innovation with Italian Association of Insurance Companies.
Bahrain’s SNIC Insurance selects TCS Bancs for digital revamp
For general and medical insurance, financials and BI.
UK watchdog takes legal action over Barclays PPI breach
Barclays failed, for a second time, to send annual reminders to PPI customers.
Blockchain record-tracker Factom gets $6m investment
FastForward Innovations shows interest in blockchain record-tracking company.
Mortgagetech Blend launches insurance agency
Wants to offer the right blend of mortgages and insurtech.
SoftBank mulls stake in insurtech wefox
Bank’s Vision Fund on the prowl again.
Prudential Singapore calls for fintech scale-ups
Second edition tackles mix of fintech, insurtech, healthtech and medtech.
Atos digital DNA drives revamp for insurer CNA
Love is in the air with new multi-year relationship.
AXIS Capital launches insurtech investment arm
Company aims to up its investment game via AXIS Digital Ventures.
Insurance marketplace CoverHound is Intellirent’s best friend
US-based marketplace partners with rental marketing and tenant screening platform.
City of London Group to acquire Acorn to Oaks for £1.4m
A2O focuses on SME and insurance products.
Top fintech stories this week – 27 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
