InsureTech

InsurTech: yulife Secures £10m in Funding To Revolutionise Life Sector

yulife, the life insurance company which puts wellbeing at the heart of its insurance offering, has announced today that it has secured £10 million in Series A funding. The round was led by Creandum Funds, backers of Spotify, iZettle and depop. […]

Insurance Regulation

FCA Action Against Xcore Highlights Investment Scam Risks

Following an application by the FCA, the High Court, on 14 May 2019, declared that Xcore Capital Limited (Xcore) and Jonathan Chitty had carried on an unauthorised investment scheme. The scheme took in at least […]

InsureTech

Insurtech: Voom Secures $5m Funding for On-Demand Insurance Offer

Voom, the world’s first on-demand, telematics-based insurance platform for specialized mobility, today announced that it has emerged from stealth and closed a $5M Series A funding round. The round was led by Arbor Ventures with […]

Insurance Regulation

FCA Warning on Fake Investment Scams

The Financial Conduct Authority (FCA) and Action Fraud are warning the public to be wary of investment scams carried out via bogus online trading platforms. This warning comes as crypto-assests (crypto) and forex investment scams reports more […]

Global insurance trends

Insurtech Investment Still Booming, Says Willis Towers Watson Report

InsurTech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of Series B and Series C funding rounds during the first three months of 2019, according […]

InsureTech

Insurtech Deals: Arch Buys Into Archipelago Risk Services

Arch Insurance International today announced its investment in Archipelago Risk Services Limited(Archipelago), a personal lines managing general agency backed with underwriting capacity from Arch Insurance (UK) Limited (formerly Arch Insurance Company (Europe) Limited). Archipelago, which will […]

News

Aon Develop Innovation & Investment Portfolio via New Ventures Group

Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announces its commitment to further develop its innovation portfolio and deliver new sources of value […]