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Insurtech news: Technologies used to improve efficiency in the insurance industry based on KYC, big data, blockchain, cloud. Startups are the new agent.

Mapfre increases its profit by 16.4% to 524 million and increases its dividend

Mapfre increases its profit by 16.4% to 524 million and increases its dividend

By FintechNews Staff Summary: -Premiums grow by 7 percent to 16.63 billion euros. -The income exceeded 19,783 million euros, with an increase of 3.8%, while premiums grew 7% in...
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How Technology Is Transforming the Insurance World

As technology continues to play a central role in many industries, the insurance world is no exception. With the need to engage a younger...
UK brands will claim lion’s share of £619 billion European embedded financial services market in the next five years

Research: UK brands will claim lion’s share of £619 billion European embedded financial services...

  UK-headquartered brands hold higher revenue expectations of embedded finance than their European counterparts, according to new data from OpenPayd, a leading global payments and banking-as-a-service...
A technology approach to insurance

A technology approach to insurance

  Insurance in India has traditionally been a high-touch, human-oriented industry. Distribution has been primarily led by distributors, brokers and agents, and Insurance companies have...
The inevitable growth of cryptocurrency insurance: there´s no turning back

The inevitable growth of cryptocurrency insurance: there´s no turning back

By samhitha Why Does the Cryptocurrency Ecosystem Need Insurance Firstly? The cryptocurrency business, which for the most part comprises start-ups and exchanges, may not be adequately...
Supercede partners with Web Connectivity to accelerate global reinsurance ecosystem expansion

Supercede partners with Web Connectivity to accelerate global reinsurance ecosystem expansion

  The move is hot on the heels of the hire of former Willis Re CTO Aydin Betez as Chief Product Officer, Supercede’s partnership with...
Global usage insurance market to expand 5x, on the back of advancements in telematics: Fact.MR study

Global usage insurance market to expand 5x, on the back of advancements in telematics:...

  The latest market analysis published by an ESOMAR-certified market research and consulting firm estimates, that the overall usage insurance market will reach US$ 150...
Veriday announces virtual event for insurance and wealth management agents to upskill their marketing

Veriday announces virtual event for insurance and wealth management agents to upskill their marketing

Veriday, a leading digital transformation solutions provider for finance firms, will host “The End of Agent Marketing Stress is Here” event on Oct. 26....
Zurich names Peter Kasahara as Group Chief Data Officer

Zurich names Peter Kasahara as Group Chief Data Officer

  Zurich Insurance Group (Zurich) has appointed Peter Kasahara to the new role of Group Chief Data Officer to oversee all aspects of data management...
Open Banking Excellence launches local chapter in Brazil to support the development of the country’s open financial system

Open Banking Excellence launches local chapter in Brazil to support the development of the...

Open Banking Excellence (OBE), the global centre of community and knowledge driving change in Open Finance, announced today the launching of a local chapter...

Latest article

Digital banking adoption is expected to grow to around 70% in the future

Research: digital banking adoption is expected to grow to around 70% in the future

  By FintechNews staff - N26 has launched its “2021 Global Digital Banking Index” – an analysis of surveys and research done with over 47,000 banking...
How blockchain technology impact the financial services

Security: how blockchain technology impact the financial services

  By FintechNews staff -Blockchain introduced radical, innovative trends that imposed a formidable impact on almost all industries, including finance, supply chain management, and healthcare. Now, almost every...
first NFT collection of an authentic T-Rex fossil

The first NFT collection of an authentic T-Rex fossil

  By FintechNews staff -MetaRex will unveil the world’s first NFT collection of an authentic T-Rex fossil, in a sale that’s due to take place mid-December....