The InsurTech sector presents a promising frontier for innovation in insurance, offering new and improved ways to enhance customer experience. However, InsurTech startups often encounter significant compliance challenges that can disrupt their product development and launch plans. This article
Automated underwriting is revolutionizing the insurance industry by leveraging advanced technologies like artificial intelligence (AI), machine learning (ML), and big data analytics. This transformation is set to streamline traditional, labor-intensive risk assessment processes, thereby offering
Banking fraud in the UK is on a worrisome rise. Recent predictions by Juniper Research project a staggering increase in fraudulent transactions, expected to more than double from 4.2 million in 2024 to 8.8 million by 2029. This surge underscores the urgent need for the UK banking sector to bolster
Donegal Deputy Pearse Doherty continues his persistent effort to urge the Irish Government to commit to supporting his proposed insurance legislation, which aims to reduce costs for consumers through mandated savings transfers from insurance companies to their customers. Originally introduced to
In a landmark move to catalyze growth within the insurtech sector, Insurtech UK has unveiled its strategic Policy Manifesto. Released on June 25, 2024, this document provides a comprehensive roadmap aimed at driving innovation, attracting investment, and facilitating the expansion of insurtech
Navigating the complex landscape of insurance in a foreign country can be a daunting task for expatriates. Feather, a German startup, aims to address this pain point by providing a seamless, digital-first insurance solution tailored to the unique needs of expats. Recently, the company has raised €6
Lloyd's, a historical cornerstone of the global insurance market, has once again demonstrated its innovative prowess by launching the Canadian Core Fixed Income Solution on its investment platform. This move highlights Lloyd's ongoing commitment to providing enhanced investment opportunities for
Founded in 2019 by Fred Blumer, Mile Auto offers a unique approach to auto insurance within the insurtech industry. Unlike traditional telematics-based models that use high-tech tracking devices, Mile Auto operates on a simple and privacy-centric method where policyholders provide pictures of their
Cookies have become an integral part of the online user experience, serving a multitude of purposes from enabling website functionality to tracking user behavior for better service delivery. Norton Rose Fulbright's cookie policy is designed with transparency and user control at its core, providing
Feather, a German InsurTech startup, has recently secured €6 million in a successful funding round aimed at bolstering its mission to simplify insurance for expatriates in Europe. Esteemed investors such as Keen Venture Partners, Plural, and several notable angel investors have shown their support,
