Acrisure announced today that it will begin to unify the Company under a single brand to best represent its status as a global Fintech leader that offers multiple financial products and services to millions of businesses and individual clients.
Tag: fintech
What Gen Z Wants from Fintech
Generation Z has no concept of a world without mobile banking. As a result, financial technology firms face both opportunities and challenges. Millennials helped usher in the modern era of financial technology by adopting payment apps like Venmo and investing platforms like Robinhood and Acorns. However, Generation Z grew up immersed in technology, and they… Continue reading What Gen Z Wants from Fintech
Next Insurance Hires Former Airbnb Executive as CFO
Next Insurance Inc., a startup that provides insurance to small business owners, has hired a former executive from Airbnb Inc. as its new chief financial officer. Teodora Gouneva took over as CFO of the Palo Alto, California-based company last month after serving as vice president of finance for Airbnb for about two years, where she… Continue reading Next Insurance Hires Former Airbnb Executive as CFO
Canadian Ratehub Inc. Launches Its Own Insurance Brokerage
Ratehub Inc. has launched its own property and casualty (P&C) brokerage, RH Insurance. This launch brings Ratehub Inc. one step closer towards achieving its goal of being Canada’s go-to source for digital personal finance products across insurance, mortgages, credit cards, investing and banking products. RH Insurance will enhance Ratehub.ca’s insurance user experience by helping customers… Continue reading Canadian Ratehub Inc. Launches Its Own Insurance Brokerage
Allianz X Invests $75M in Fintech WeLab
Allianz X, the digital investment unit of Allianz, is participating in the Series C financing round of Hong Kong-based fintech WeLab with an investment of USD 75 million, thus adding another promising company to its existing portfolio of Asian growth companies. Allianz X’s investment will be instrumental in financing WeLab’s further expansion and, in particular,… Continue reading Allianz X Invests $75M in Fintech WeLab
KPMG: Insurtech Riding High in U.S.
KPMG’s latest Pulse of Fintech report finds insurtech investment in the U.S. rising, bucking wider fintech trends. According to the report, fintech investment in the U.S. hit a record $59.8 billion last year, which includes investments in mergers and acquisition, venture capital and private equity. Global fintech investment in 2019 decreased from the 2018 results,… Continue reading KPMG: Insurtech Riding High in U.S.
Allianz Leads C$100 Million Funding Round for Fintech Wealthsimple
German insurer and asset manager Allianz has led a C$100 million ($74.55 million) capital raise for Canadian financial technology company Wealthsimple. Wealthsimple, the online investing service and commission-free trading app which manages around $4.5 billion for more than 150,000 clients in Canada, Britain and the United States, said it would use the cash to boost… Continue reading Allianz Leads C$100 Million Funding Round for Fintech Wealthsimple
Insurtech-based Premiums to Exceed $400 Billion by 2023, Representing 7% of Global Insurance Market
A new study from Juniper Research has found that insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018. The research found that insurtech platforms will equip insurers to meet the challenges of diminishing margins and increased competition, creating an opportunity insurers cannot ignore… Continue reading Insurtech-based Premiums to Exceed $400 Billion by 2023, Representing 7% of Global Insurance Market