InsuranceRSS

Atidot unveils big data platform for insurtech

First core banking site for TCS in Israel

Israel’s insurtech provider Atidot has launched the “first” Software-as-a-Service (SaaS) based predictive analytics platform for the life insurance sector. The firm says its big data modelling and decision making tools will “accelerate the pace” at which life insurance executives can use intelligence in their decision making. Existing company data is loaded to the proprietary Atidot […]

Baloise to invest $50m in insurance and risk management tech start-ups

investment

Switzerland-based insurance provider Baloise Group has forged an investment partnership with Anthemis Group, a digital financial services investment and advisory firm. Together, they will curate European and American tech start-ups developing insurance (insurtech) and risk management solutions, with a mandate is to invest CHF 50 million ($50 million).

IAG to launch insurtech hub in Singapore

Singapore-listed stocks can now be traded in London

Insurance Australia Group (IAG) is looking to build an insurtech hub in Singapore. The new unit, Firemark Labs, will act as an incubator for IAG and help teamwork between start-ups and research and tech partners for new products and services across Australia, New Zealand and Asia. Julie Batch, chief customer officer, IAG, says “customer lifestyles […]

Traity collaborates with Suncorp to launch a micro-insurance platform

Kevininsured

Kevin, Traity’s new chatbot, provides micro-insurance for P2P transactions online. Created in collaboration with Australia’s financial services conglomerate, Suncorp, Kevin protects buyers on online marketplaces such as Gumtree, Facebook and Craigslist.

Fintech tour Hong Kong: Ayannah triumphs in start-up final

Next Money Fintech Finals 2017, Hong Kong

Philippines-based Ayannah, a provider of financial services to migrants and the unbanked, was the overall start-up winner in the Next Money Fintech Finals 2017 in Hong Kong.

Blockchain is not just for banking… insurance wants it too

Insurance and blockchain: a promising future

There has been a tremendous amount of excitement and discussion about the potential of blockchain technology to transform the financial services industry and beyond. But the only thing that is clear at the moment is that there is still a lot of work to be done to implement wide scale use cases, clear up any regulatory uncertainly or barriers and educate institutions and employees about the technology and its potential.

UniCredit and MasterCard launch mobile payments for insurance agents in Romania

Romania

UniCredit Bank, MasterCard and platform provider GoSwiff have launched mobile payments for Allianz-Tiriac Asigurari insurance agents in Romania. The partnership will enable Allianz-Tiriac agents to start accepting card payments with mobile point of sale (mPOS) for the insurance policies issued by the company. The firms say Allianz-Tiriac becomes the “first insurance company in Romania” to […]

Family Bank deploys new bancassurance system, JMR Infotech’s Avenir

Dipesh Shah, GM of Family Bank Insurance Agency

Kenya-based Family Bank is implementing a new insurance platform, based on JMR Infotech’s Avenir offering. Avenir – an integrated bancassurance portal – will support Family Bank’s fresh entry into the insurance business. Just a couple of months back, the bank unveiled a new subsidiary, Family Bank Insurance Agency, to target “the lucrative but highly under-served […]

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