Yesterday I wrote about Revolut constantly re-inventing itself and its partnership with Qover to embed insurance into payments services when consumers buy products and services.
The the partnership between Qover and Five Sigma to combine embedded insurance and digital claims management.
The pressure is on for insurers to constantly reinvent themselves as well and chose the optimal technology partners to empower and allow them to escape the limitations of legacy technology and inflexible & complex core systems.
Further reading:
Qover and Five Sigma collaboration and the tide of partnerships for insurers
Car manufacturers or traditional insurance carriers. Who will win the tech race?
Sky News has learnt that Revolut will announce that it has raised $800m (£577m) in a funding round led by SoftBank's Vision Fund and Tiger Global Management, two of the world's most prolific investors in fast-growing tech businesses. The deal will transform Revolut into one of the most valuable fintech companies ever launched in Europe.
unknownx500
