fintech News
Reinsurers Turn to Fintech Startups for Diversification in Soft Market
When Micah Carr-Hill wanted to insure Chief, the labrador that helps with his son's autism therapy, he found an ally in Munich Re, the world's biggest reinsurer. The German company had just teamed up ...
New U.S. Regulator Defends Possible Federal Regulation of Fintech
The new head of a U.S. banking regulatory agency on Wednesday defended his predecessor's efforts to explore granting special federal charters to startup online lenders. The Office of the Comptroller ...
New Consumer Tech Drives Opportunities for Novel Personal Insurance Products: Conning
Innovation often opens the door to new products that would never have been possible. Conning asserts in a new report that this is happening with personal lines insurance, thanks to consumers' ...
Young Agents Want the Tech Tools Needed to Compete Against InsurTechs
With so much attention lavished on InsurTech startups that vow to replace them, young insurance agents feel they are being shortchanged in the race to invest in insurance technology. Just give them ...
EU May Introduce Passporting for Fintech Services
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 ...
Technology Is Ultimate Savior of Insurance Industry: Opinion
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 ...
Fintech Products Work Best With Open Access to Data: Canadian Regulator
Canada's largest, most influential securities regulator said open access to data is essential to developing financial tech solutions using innovative technology such as blockchain, in a white paper ...
InsurTech Investments Expected to ‘Keep Booming’ in 2017: KPMG Report
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, ...