Saturday, September 7, 2024

A simple way to profit from the InsurTech boom

Image source InsurTech is booming. Or at least a lot of investors think it will boom soon as demonstrated by how much money they are investing. Read more: bankinnovation.net

Stonestep nabs $4m to take microinsurance to Asia

Microinsurance firm Stonestep has nabbed $4m in a Series A funding round. The investment comes from insurtech investor XL Innovate. Read more: www.fintechroundup.com

Banking outpacing wealth management on digital

The wealth management industry is lagging behind personal banking in having digitally accessible applications. Read more: www.wealthmanagement.com

Fintech spawns RegTech to automate compliance with regulations

Entrepreneurs and innovators are invading the complex and often arcane world of regulatory compliance. Read more: www.bloomberg.com

Deutsche Bank to back InsurTech startups

Deutsche Bank is joining forces with startup accelerator Axel Springer Plug and Play to back banking and insurance startups with cash and other support. Read more: fintechranking.com

Monzo closes £22m round with £2.5m in crowdfunding

Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding from 6,500 investors. Read more: www.fintechroundup.com

Wouldn’t it be simpler just to launch a new bank?

Should the bank should just launch another bank, rather than trying to be digital and convert the existing bank. Read more: www.thefinanser.com

Invasion of the Robo-Advisors hits a snag

It turns out that most investors just want to pay lower fees for traditional financial advice from a human advisor. Read More: www.barrons.com

What insurance industry CIOs predict about Insurtech in 2017?

The insurance sector is slowly but certainly going big on leveraging technologies. InsureTech's aims to help insurance companies to improve its services and business operations with better reach and connect with their customers and benefiting them overall. Read more: cio.economictimes.indiatimes.com

Using InsurTech for transformation, not disruption

There is a key difference between the introduction of the internet and the increase in companies within the InsurTech space. Read more: www.insurancejournal.com

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