Startupbootcamp InsurTech, the business accelerator that promotes insurance technology startups and corporate innovation, has formed a partnership with XL Catlin. The announcement comes as Startupbootcamp InsurTech’s second accelerator program enters its final weeks in London, with 10 teams drawn from …
The European Commission could introduce EU passporting and lower regulatory requirements for financial technology firms, moves that could undercut London’s leading position in “fintech” as Britain gets ready to leave the European Union. The EU executive’s vice president Valdis Dombrovskis …
OutsideIQ, a Canadian startup which uses cognitive computing to analyze data, is partnering with the world’s largest business commerce network, SAP Ariba , to help corporations quickly screen vendors for risk and regulatory compliance, they said. Companies spend a significant …
Insurance companies are running out of ideas. They’ve bolstered their balance sheets since the financial crisis but have few racy growth prospects in a world of low interest rates, pricing pressure and regulatory hassles. Big mergers may be the most …
Chinese financial-technology investments this year may exceed 2016’s record $10 billion as companies continue to raise funds for expansion and big banks grow their digital services, according to Accenture Plc. The country’s financial-services giants will probably ramp up investments in …
Zhong An Online Property & Casualty Insurance plans to sell 5-10 percent of the company to a couple of strategic investors, to raise up to 10 billion yuan ($1.45 billion), ahead of a planned initial public offering in mainland China, …
Auto insurance may be on the brink of an incursion from mobile-phone and technology companies. Telefonica SA’s O2 unit — one of the first mobile operators in Britain to offer car insurance — expanded its product line in February to …
British and Canadian regulators have signed an agreement to make it easier for financial technology companies to expand in each other’s markets, they said on Wednesday. The agreement between the UK’s Financial Conduct Authority and the Ontario Securities Commission is …
Investor interest in insurtech is expected “to remain hot across all regions of the world” during 2017, following strong growth in 2016, according to a report published by KPMG. In the coming year, most insurtech investments likely will focus on …
British technology startups are beginning to stress out over Brexit. Initially confident their industry wouldn’t be harmed by Britain’s break from the European Union, U.K. tech entrepreneurs are now girding for a bevy of challenges. A poll of 940 startup …
