Insurance - FinTecBuzz

Insurity Data Reveals Baby Boomers’ Digital Fatigue in Insurance

July 28, 20253 min

Insurity, a leading provider of cloud-based software for insurance carriers and intermediaries, including brokers and MGAs, announced new findings from its 2025 Digital Experience Index, a national survey measuring consumer sentiment around digital interactions with P&C insurers. Despite growing investment in digital transformation across the insurance industry, the survey found that many older policyholders remain skeptical of fully digital models and still prefer traditional forms of communication. According to the survey, 59% of Baby Boomers and...

by BusinessWire

Insurance

Insurity Sets Agenda to Help Insurers Tackle AI, Compliance, Risk

July 22, 20254 min

The conference will tackle the most urgent operational and strategic challenges facing insurers, offering clear, actionable paths to modernize, compete, and grow

by BusinessWire

Insurance

COVU Acquires Mitchell Insurance in Sixth Growth Deal

July 18, 20254 min

COVU, Inc., the leader in AI-native customer servicing for the insurance industry, today announced the acquisition of Mitchell Insurance Agency, a respected family-owned business with deep roots in the California market and long-standing relationships with both commercial and personal lines clients. As COVU’s sixth acquisition in its Rolling Thunder campaign, Mitchell represents a meaningful step forward in the company’s strategy to enhance its AI-native platform through strategic partnerships with high-quality agencies—delivering more scale, reach, and flexibility for...

by PRNewswire

Insurance

United Risk Launches Applied Affinity for EU & UK Insurance Expansion

July 11, 20255 min

Applied Affinity Underwriters will target Consumer Insurance programs in Europe

by PRNewswire

Insurance

ZhongAn Raises $500M in H Share Placement for Growth

July 7, 20253 min

ZhongAn Online P & C Insurance Co., Ltd. (“ZhongAn” or the “Company“; HKEX: 6060) announced on July 4 the successful completion of its H share placement, raising gross proceeds of approximately HK$3.92 billion (US$500 million). This marks the Company’s first equity financing since its 2017 IPO and signifies a major milestone in advancing its growth strategy. A total of 215 million new H shares were issued at HK$18.25 per share, representing approximately 12.76% of the Company’s enlarged share capital. The placement achieved...

by PRNewswire

Insurance

Digital Finance Forum 2025 Held at Beijing Finance Park

July 7, 202519 min

On July 3, the Digital Finance Forum of the Global Digital Economy Conference 2025 was held at the Beijing Banking & Insurance Business Park. The forum was hosted by the Shijingshan District People’s Government of Beijing Municipality and Asia Digital Group. As a key event of the Global Digital Economy Conference, it brought together governments, financial institutions, and experts from countries including the United States, the United Kingdom, Germany, Japan, and Finland to engage in in-depth discussions on the theme of “Industry-City Synergy,...

by PRNewswire

Insurance

King Risk Partners Acquires VIA Insurance Agency

July 2, 20253 min

King Risk Partners, the 56th largest insurance brokerage in the United States, is excited to announce the acquisition of VIA Insurance Agency, Inc. (Valvano Insurance Agency), a trusted independent insurance agency located in Holmdel, New Jersey. This acquisition enhances King’s footprint in New Jersey and underscores the dedication to delivering outstanding service and tailored insurance solutions to communities across New Jersey. VIA Insurance Agency, a respected independent agency based in Holmdel, New Jersey, has been serving individuals and businesses throughout the state...

by PRNewswire

Insurance

Fintech GCash provides insurance to 14 million Filipinos

June 30, 20254 min

Insurance has traditionally been perceived as a luxury for many Filipinos, often sidelined due to daily financial priorities. GCash, the country’s leading finance super app, is changing this through its digital insurance platform, GInsure. Launched in 2021, GInsure offers flexible, straightforward, and affordable coverage and is conveniently available on a platform trusted by millions. As of the first quarter of 2025, GInsure has unlocked insurance for over 14.6 million users, issuing more than 51.4 million...

by BusinessWire

Insurance

SmartStream Brings AI-Powered Data Management to the Insurance Sector

June 12, 20255 min

SmartStream, the financial Transaction Lifecycle Management (TLM®) and solutions provider, has announced the expansion of its AI-driven reconciliation and data management platform, SmartStream Air, into the insurance sector. This move aims to help insurers tackle fragmented data challenges, reduce operational costs, and strengthen compliance through robust audit trails. As the insurance industry struggles with limited digital maturity, it faces mounting pressure from increasing transaction volumes, persistent data quality issues, and the complex demands of evolving...

by Feather

Insurance

Feather Launches Insurance for Europe’s Expat Workforce

June 11, 20256 min

• The digital-first insurer expands beyond individual coverage to offer businesses coverage for their cross-border team members • Feather streamlines the insurance process for HR teams and employees alike • The service will be led by Feather’s Head of B2B Nicolai Schieffer

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