Global Insurtech funding jumps as industry doubles down on AI insurance According to Gallagher Re’s latest Global Insurtech Report, the global insurance tech industry has reached a new stage of maturity and growth after a decade of uncertainty. This report, the first in the 2025 series, is a collaboration between Gallagher Re, Gallagher, and CB Insights. The report defined 2024 as a year of contrasts, likening [...]
Chrysalis stock jumps on Klarna and Starling upgrades Investing Chrysalis stock has jumped by more than six per cent this morning after its private equity holdings, including Klarna and Starling Bank, saw significant upgrades to their valuations. The private equity trust’s underlying assets rose 11 per cent to 156p per share in the last quarter of 2024, it said in a trading update today. [...]
Profit surge sparks hiring boom in London’s insurance sector insurance Lloyd's of London recently reported a sharp rise in profits, driving a surge in recruitment across the capital's insurance sector.
Cutting bank transfer fraud refund limit not enough, industry warns regulator September 4, 2024 The UK’s payments regulator is under pressure to U-turn on a controversial fraud reimbursement scheme after confirming it would look at scaling back the measures.
Ondo Insurtech partners with NFU Mutual to expand leak claims offering September 3, 2024 Ondo Insurtech has struck a deal with the National Farmers Union Mutual to introduce its LeakBot technology to its members.
Meet London’s top insurtech companies August 14, 2024 In the heart of London, where tradition meets innovation, insurtech is turning the City's financial pulse into a dynamic playground. Meet the City-based companies that were named top insurtechs, globally.
London insurtech founder: ‘I don’t think there’s anywhere else we could do something like this’ June 25, 2024 London is perfectly positioned to become a world-leading destination for insurtech said the founder of Flock.
Flock: London insurtech partners with FTSE 100 giant Admiral to expand offering June 25, 2024 Motor fleet insurtech Flock has partnered with industry giant Admiral's venture-building business to expand its product range and appeal to a broader customer base.
Barclays throws its weight behind fast-growing London wealthtech June 4, 2024 London-based fintech WealthOS has raised £4m in an investment led by Barclays.
Vitesse: London insurtech lands £73m funding round led by US private equity giant KKR May 21, 2024 London-based insurtech Vitesse has secured a new $93m (£73.2m) funding round to support its expansion in the US.