Insurtech

April 24, 2024 @ 9:27 am By JD Alois  |  

PeppercornAI has raised £3.25 million in a funding round aided by the participation of Wealth Club, which invested £1.9 million in the Insurtech firm. The funding included high-net-worth investors and existing investors EHE Capital and Angels Invest Wales. Wealth Club offers sophisticated investors investment opportunities typically… Read More

April 23, 2024 @ 11:25 am By Omar Faridi  |  

In conjunction with Earth Day, PolicyStreet, a regional insurtech company, collaborates with ERTH, a social enterprise dedicated to the collection and recycling of e-waste, to insure the ERTH Heroes while on the job. The ERTH Heroes, who are gig workers, will “receive complimentary on-the-job personal… Read More

April 22, 2024 @ 2:27 pm By Omar Faridi  |  

The (re)insurance industry should brace itself for potential attacks on the public sector targeting government and election infrastructure, warns CyberCube, the market enabler of cyber risk analytics for the insurance industry. In a new research report, CyberCube warns government agencies and officials “must increase their… Read More

April 20, 2024 @ 11:21 am By Omar Faridi  |  

Mulberri, an AI-driven insurance platform, announced it has partnered with Acronis, a global leader in cyber protection, to embed Mulberri’s Cyber Insurance to Acronis small & medium-sized businesses customers based in the US. Through this partnership, Acronis customers can “opt-in for Mulberri’s embedded Cyber Insurance… Read More

April 18, 2024 @ 12:54 pm By Omar Faridi  |  

Percipience, an insurtech data and analytics software provider, is pleased to announce an implementation of Data Magnifier was delivered successfully by a small, blended team of Ascot Group Limited and Percipience resources on-time and under budget. Ascot is one of the specialty risk assumption organizations…. Read More

April 17, 2024 @ 11:18 am By Omar Faridi  |  

Aon plc (NYSE: AON), a global professional services firm, announced the successful completion of an innovative pilot for placing insurance using blockchain and smart contract technology. The pilot was conducted with Nayms SAC Ltd., “a crypto-compatible insurance marketplace, and Copper.co, a digital assets custodian.” Benefits… Read More

April 15, 2024 @ 7:35 am By Omar Faridi  |  

bolt, the insurtech with the country’s largest technology-enabled insurance exchange, announced the appointment of Matt More as CFO for North America. More joins from ThoughtSpot, a leader in enterprise business intelligence SaaS, “where he was VP of Finance and Strategy.” In this role, he built… Read More

April 13, 2024 @ 3:33 pm By Michael Wong  |  

Akad Seguros, a digital insurance firm based in São Paulo, has successfully completed a Series A funding round, raising $22.5 million, according to an announcement. The funding effort was spearheaded by Valor Capital Group and included significant contributions from Across, Endeavor Scale-Up Ventures, Endeavor Catalyst,… Read More

April 10, 2024 @ 11:52 am By Omar Faridi  |  

Meijers Assurantiën, a Dutch insurance broker and Worldwide Broker Network member, has reportedly become CyberCube’s first client in the Netherlands marking the leading cyber risk modeler’s continued international expansion. Meijers is a family business that “has grown in half a century to become one of… Read More

April 10, 2024 @ 8:25 am By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Homeowners insurance in France in partnership with BNP Paribas Cardif. Millions of occupying homeowners “can now purchase extensive coverage for their home and belongings, featuring the same seamless… Read More

April 7, 2024 @ 9:40 am By Omar Faridi  |  

PhonePe announced a partnership with Star Health and Allied Insurance Company Ltd., which claims to be India’s largest retail health insurance Company, to offer customers health insurance with a monthly and annual payment option. With this partnership, PhonePe users will now “be able to avail… Read More

April 3, 2024 @ 5:15 pm By Omar Faridi  |  

Cover Whale Insurance Solutions, Inc., an Insurtech specializing in connected insurance for commercial auto insurance, continues its expansion across the United States, announcing the availability of its auto liability coverage for truckers and fleets in six additional states: Maine, Montana, Nebraska, North Dakota, South Dakota,… Read More

March 30, 2024 @ 7:30 am By Omar Faridi  |  

NEXT Insurance, a technology-first small business insurer, announced the availability of Copilot, a tool designed to help agents increase revenue by efficiently serving small micro businesses with customized insurance policies. Similar to other small business owners, insurance agents operate on thin margins and juggle multiple… Read More

March 29, 2024 @ 11:58 am By Omar Faridi  |  

Omnichannel InsurTech Qoala announced the completion of its Series C funding round, raising USD 47 million led by PayPal Ventures and MassMutual Ventures. The investment round was joined “by MUFG Innovation Partners, Ohana Holdings and existing investors, Flourish Ventures, Eurazeo and AppWorks, echoing confidence in… Read More

March 29, 2024 @ 9:45 am By Omar Faridi  |  

Integra Insurance and Reinsurance Broking Services is to become the first Turkish broker to roll out CyberCube’s Broking Manager, the cyber risk analytics platform for insurance intermediaries. Integra reportedly holds a key position in the Turkish market “as the leading cyber insurance broker.” It will… Read More

March 27, 2024 @ 8:34 am By Omar Faridi  |  

Qover, the insurtech firm focused on embedded insurance orchestration, announces its partnership with UK-based credit card Fintech Yonder, offering its members a seamless and comprehensive travel insurance experience. Yonder, a lifestyle credit card with a unique rewards program, claims that it “is elevating the insurance… Read More

March 26, 2024 @ 4:18 pm By Omar Faridi  |  

ZestyAI, the provider of climate and property risk analytics solutions powered by artificial intelligence (AI), unveiled its newest solution “to address the driver of insurance losses – roof claims.” ZestyAI’s Roof Age is a new solution “that pinpoints the age of a roof using data… Read More

March 20, 2024 @ 4:52 pm By Omar Faridi  |  

Akur8, the insurance pricing solution, and Guidewire, the property and casualty (P&C) insurance cloud platform, are excited to announce that the Ready for Guidewire validated Akur8 Accelerator for AI-Powered Pricing is now fully available for both cloud and on-premise users of PolicyCenter, offering a fully… Read More

March 15, 2024 @ 3:04 pm By Omar Faridi  |  

International insurtech bolttech recently announced its expansion into the Middle East with the launch of its partnership with stc Group, the telecommunications company acting as the engine of digital transformation in the region. bolttech’s collaboration with stc Group will “provide stc’s customers with innovative, embedded… Read More

March 14, 2024 @ 12:12 pm By Omar Faridi  |  

Kin, the digital, direct-to-consumer home insurance company, has expanded into Texas and now offers House & Property insurance and mobile home insurance to residents of the Lone Star State. Kin says the insurance crisis sweeping the Gulf Coast is spilling further into Texas, “providing affordable,… Read More