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InsurTech

Howden Ventures: A £500m Revolution in Insurance Product Development and Innovation
FinTech Insurance
Howden Ventures: A £500m Revolution in Insurance Product Development and Innovation

Howden Ventures, a groundbreaking industry initiative, has officially launched with an impressive £500 million of delegated underwriting capacity, pending approval from Lloyd’s. This exciting venture aims to work as an investment and risk incubator, nurturing the development of new insurance solutions and driving innovation in the sector. World-First Delegated Underwriting Authority to Foster Insurance Innovation Howden Ventures has introduced a

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Ethos Strengthens India Expansion Strategy with Appointment of New Managing Director
FinTech Insurance
Ethos Strengthens India Expansion Strategy with Appointment of New Managing Director

Ethos, the leading online life insurance provider, has recently selected Vijay Ratnam as its India Managing Director in order to expand its presence in the nation. This strategic appointment comes as Ethos aims to capitalize on the growing market for life insurance in India. Role of Vijay Ratnam In his pivotal role as India Managing Director, Vijay Ratnam will be

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TSB Partners with Superscript to Revolutionize Small Business Insurance Offerings
FinTech Insurance
TSB Partners with Superscript to Revolutionize Small Business Insurance Offerings

TSB, a leading bank in the UK, has recently formed a strategic partnership with Superscript, an innovative insurance technology company. This collaboration aims to enhance TSB’s digital business banking proposition and provide its small business customers with improved insurance options. By integrating Superscript into its digital marketplace, TSB is taking a significant step towards solidifying its position as a provider

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Revolutionizing Finance: Tonik and Sun Life Grepa’s Strategic Partnership Introduces Groundbreaking Payhinga Service
FinTech Insurance
Revolutionizing Finance: Tonik and Sun Life Grepa’s Strategic Partnership Introduces Groundbreaking Payhinga Service

Tonik, the pioneering digital bank in the Philippines, is thrilled to announce its strategic partnership with Sun Life Grepa Financial, Inc., a prominent life insurance company. This groundbreaking collaboration aims to introduce Payhinga, an inclusive bundle service designed to offer customers financial security in the face of life’s uncertainties. Financial Security in the Face of Uncertainties One of the key

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Bolttech Enhances Global Footprint: Acquires Digital Care to Accelerate Expansion in EMEA Region
FinTech Insurance
Bolttech Enhances Global Footprint: Acquires Digital Care to Accelerate Expansion in EMEA Region

In a strategic move towards achieving its goals in the EMEA region and worldwide, bolttech has announced its acquisition of Digital Care. This milestone deal not only accelerates growth but also enhances the company’s position within the telecommunications industry. The acquisition is a significant step in expanding bolttech’s global footprint, product offerings, operational scale, and distribution partner network in the

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Revolutionizing Financial Services: Tonik and Sun Life Grepa’s Strategic Partnership and the Introduction of Payhinga
FinTech Insurance
Revolutionizing Financial Services: Tonik and Sun Life Grepa’s Strategic Partnership and the Introduction of Payhinga

In today’s ever-changing world, enhancing financial well-being has become crucial for individuals and families alike. Tonik, a leading neobank in the Philippines, recognizes this need and has forged a strategic partnership with Sun Life Grepa Financial, one of the country’s premier insurance providers. Through this collaboration, Tonik aims to offer its valued customers a comprehensive solution that combines banking and

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Streamlining Reinsurance Data Processing: Lockton Re Teams Up with Tech Firm Supercede
FinTech Insurance
Streamlining Reinsurance Data Processing: Lockton Re Teams Up with Tech Firm Supercede

In response to the growing demand for accuracy and efficiency in the reinsurance sector, global reinsurance broker Lockton Re has formed a long-term partnership with Supercede, a leading provider of technology solutions for the insurance industry. This collaboration aims to improve the reinsurance data process, allowing Lockton Re to provide exceptional service quality to its clients. As the first major

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Digital Transformation in the Insurance Industry: Challenges and Opportunities in Southeast Asia
FinTech Insurance
Digital Transformation in the Insurance Industry: Challenges and Opportunities in Southeast Asia

In Southeast Asia, the insurtech industry is gaining momentum as the region leans towards a digital future. However, numerous challenges hinder its growth and adoption. This article explores the key obstacles faced by insurtech in Southeast Asia and highlights strategies to overcome them, ultimately paving the way for a thriving insurtech landscape in the region. Disparity between Insurance and Financial

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TSB and Insurtech Superscript Join Forces: Revolutionizing Small Business Insurance Coverage
FinTech Insurance
TSB and Insurtech Superscript Join Forces: Revolutionizing Small Business Insurance Coverage

TSB, a leading UK bank, has recently entered into a partnership with Superscript, a digital insurance provider, to offer customized business insurance solutions to its small business banking customers. This exclusive collaboration with Superscript aims to address the lack of tailored insurance options for small businesses and provide optimal coverage for TSB customers. With this partnership, TSB is further developing

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Howden Group Empowers Insurtech Innovation with £500M Venture, Howden Ventures: A Comprehensive Analysis
FinTech Insurance
Howden Group Empowers Insurtech Innovation with £500M Venture, Howden Ventures: A Comprehensive Analysis

Howden Ventures, with the approval of Lloyd’s, has announced its launch with an impressive £500m of delegated underwriting capacity. This innovative platform incorporates a world-first delegated underwriting authority, making it a game-changer in the insurance industry. Howden Ventures’ Commitment to Insurtech Sector To further drive innovation in the insurance sector, Howden Ventures has initially committed £10m of new funding to

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Enhancing Insurance Services: The Transformative Role of Mobile Apps and Document Scanning Solutions for Agents
FinTech Insurance
Enhancing Insurance Services: The Transformative Role of Mobile Apps and Document Scanning Solutions for Agents

In today’s fast-paced world, insurance agents are constantly on the move, meeting clients, and handling various paperwork. Among the valuable features that insurance agent apps offer, the ability to scan ID documents on the go stands out. This article explores the importance of integrating mobile ID document scanning capabilities into insurance agent apps and the benefits it brings for agents

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European InsurTech Market Shows Promising Signs of Growth in Q3 2023
Digital Lending / Digital Payments
European InsurTech Market Shows Promising Signs of Growth in Q3 2023

The European InsurTech market experienced a notable upturn in Q3 2023, with increasing deal activity and hints of a potential turnaround for the sector. Despite facing challenges, the industry showed resilience as it witnessed the highest number of InsurTech deals in the UK, significant funding rounds, and regulatory updates aimed at promoting consistency and transparency. This article delves into the

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