Peppermint launches micro-insurance product offering for Filipino people
Australian Stock Exchange-listed fintech Peppermint Innovation has launched a new micro-insurance service offering for Filipino people.
Irish fintech Fineos on target to surpass €100m in revenues
Insurance software company Fineos is forecasting a sharp rise in full-year revenues this year to more than €100 million.
Livelii aims to raise $1 million via crowdfunding
Canadian insurtech company Livelii is looking to raise $1 million via crowdfunding platform FrontFundr.
Dallas fintech lands $70M in one of DFW’s largest funding rounds of 2020
Dallas fintech company Bestow, which provides life insurance services, has attracted a $70 million Series C funding round.
Pikl selected for prestigious Tech Nation Fintech 3.0 programme
Fintech 3.0 is a growth programme run by Tech Nation for the best and brightest UK fintech and insurtech companies.
Irish InsurTech Blink launches new business interruption solution
Creating a business interruption solution opens up a significant new market for Blink and will make it quicker and easier for insurers to support firms with financial assistance.
Britain leading the way in fintech adoption, report shows
Britain is leading the way in fintech adoption in the developed market, according to a new report from professional services and Big Four firm EY. EY’s fintech adoption index showed that 42 per cent of consumers in the UK are now using fintech services. However, there has been growth worldwide when it comes to the adoption of financial technology, with usage rates being high in emerging markets such as South Africa, China, India, Brazil and Mexico. Highest Emerging markets topped the fintech adoption index, with China having the highest adoption rate at 69 per cent, followed by India at 52 per cent. The report, which was based on findings from […]
Aviva embracing artificial intelligence in quest to become fintech firm
Aviva is eyeing acquisitions in artificial intelligence and big data as it looks to overhaul the insurance industry and transform itself into a fintech firm. Chief executive Mark Wilson said the 321-year-old insurance giant had built a good balance sheet and was primed to use it to ensure the business remains a step ahead of its rivals. Speaking at Aviva’s “digital garage” in Hoxton, East London, Mr Wilson said the insurer’s innovation projects had attracted calls from “big names in Silicon Valley” and helped seal a lucrative deal with Tencent, a 300 billion US dollar Chinese technology firm. He said: “I don’t mean billions, but we will do acquisitions if […]
