Insurtech

March 27, 2023 @ 12:18 pm By Omar Faridi  |  

Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech, announces its partnership with TrustedChoice.com, the nation’s largest digital marketing platform for independent agents and brokers. With access to TrustedChoice.com’s extensive insurance marketplace and more than 240,000 independent insurance agents, Cover Whale… Read More

March 27, 2023 @ 9:08 am By Omar Faridi  |  

Kin, the direct-to-consumer home insurance company built for every new normal, announced that it recently “conducted a third close, an incremental $15 million, to its Series D round in Q4 2022.” The investment round contributions reportedly came “from Geodesic Capital, QED Investors, and additional investors,… Read More

March 26, 2023 @ 9:56 pm By Omar Faridi  |  

Hi Marley, creators of the only insurance-focused collaboration platform powered by SMS, is pleased to announce its partnership with regional property and casualty insurance provider Arbella Insurance. Headquartered in Quincy, Massachusetts, Arbella says that it “attributes its 35 years of success to its focus on… Read More

March 26, 2023 @ 5:38 pm By Omar Faridi  |  

Nation-state cyber threat actors are expected to acquire and flex new offensive cyber capabilities in “an increasingly polarized world,” warns cyber risk analytics specialist CyberCube. In a new report, CyberCube anticipates “there will be further attempts to compromise IT supply chains and geopolitical targets such… Read More

March 25, 2023 @ 8:47 am By Omar Faridi  |  

Maybank introduced Malaysia’s integrated automobile financing solution for Electric Vehicle (EV) and Hybrid customers “covering various aspects of owning an EV or Hybrid vehicle including holistic financing solutions, insurance and takaful coverage as well as EV charging privileges.” This is in line “with the Group’s… Read More

March 20, 2023 @ 12:44 pm By Omar Faridi  |  

Netradyne, an SaaS provider of artificial intelligence (AI) and edge computing solutions focused on safety and driver coaching for commercial fleets, announced its partnership with Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech. The partnership enhances Cover Whale’s Driver Safety… Read More

March 17, 2023 @ 11:11 am By Omar Faridi  |  

Vouch reportedly joins peers like Fintech Unicorn Brex in order to support Silicon Valley Bank (SVB) and “reinforce the startup ecosystem’s health and stability.” In an effort to ensure the ongoing health and stability of the startup ecosystem, Vouch announces its commitment “to continue working… Read More

March 17, 2023 @ 11:08 am By JD Alois  |  

Probably best known for its insurance products for private securities offerings (crowdfunding), Assurely and Buildertrend have announced a new partnership for builders’ insurance. Buildertrend is a residential construction management platform. Since 2006, the company reports that it has helped contractors to take control of projects… Read More

March 16, 2023 @ 3:12 pm By Omar Faridi  |  

Embroker, the digital insurance platform making it a radically simple single destination to get business insurance, announced that Chris Spagnuolo has come on board as Chief Product Officer (CPO). He joins the team at a pivotal time “to continue fueling Embroker’s momentum in developing innovative… Read More

March 14, 2023 @ 11:15 am By Omar Faridi  |  

SEB is entering a strategic partnership with the insurance provider Hedvig, a Nordic insurtech-company within property insurance for private individuals. As part of this, SEB Venture Capital is “making a strategic investment in Hedvig in conjunction with a financing round led by Adelis Equity.” Jonas… Read More

March 13, 2023 @ 10:10 pm By Omar Faridi  |  

Homegrown financial services company Singlife has appointed Citi and BlackRock Aladdin to “provide it with a comprehensive technology platform to unify and transform its asset management capabilities across its front, middle and back-office offering.” Citi and BlackRock Aladdin previously “entered into an alliance to leverage… Read More

March 12, 2023 @ 11:16 pm By Omar Faridi  |  

wefox, which claims to be one of the world’s leading Insurtech firms, has announced the appointment of Dr. Günther Blaich as the Country Lead for Germany. Effective immediately, Dr. Blaich will be “responsible for leading wefox Germany and driving the company’s growth and profitability strategy.”… Read More

March 12, 2023 @ 11:11 pm By Omar Faridi  |  

Strong ecosystems and client proximity are key prerequisites for sustainably driving innovation and helping to shape the future of the Swiss financial center. A strategic partnership between UBS (SWX: UBSG), the universal bank and digital market leader in Switzerland, and the largest Swiss innovation ecosystem… Read More

March 8, 2023 @ 4:22 pm By Omar Faridi  |  

Opkit has launched with an automated health insurance verification platform that is purpose-built for the new telehealth companies and virtual medical clinics that are “providing care for a wide range of patients across the United States.” The startup, which “participated in Y Combinator, is emerging… Read More

March 7, 2023 @ 10:21 am By JD Alois  |  

Assured Allies has raised $42.5 million in Series B funding, according to a statement by the Insurtech. The funding round was co-led by FinTLV Ventures and existing investor Harel Insurance. Additional investors included Lumir Ventures, Funds managed by Hamilton Lane (NASDAQ: HLNE), New Era Capital… Read More

March 7, 2023 @ 6:47 am By Omar Faridi  |  

Cambridge Mobile Telematics (CMT), which claims to be the world’s largest telematics service provider, announced that it has acquired Amodo, a telematics company based in Europe. The acquisition brings together two telematics companies “with large and growing footprints in Europe, giving Amodo’s customers access to… Read More

March 6, 2023 @ 11:17 am By Omar Faridi  |  

Devron, which claims to be the leader in AI and machine learning for distributed and private data, announces a partnership with Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech. By using Devron’s federated data science platform, Cover Whale will “develop… Read More

March 6, 2023 @ 2:44 am By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), announced Cowbell 365, an around-the-clock service that “offers policyholders comprehensive support for risk improvement and incident response.” Cowbell 365 “provides 24-hour availability every day of the week, 365 days of the year, bringing… Read More

March 1, 2023 @ 7:59 pm By Omar Faridi  |  

Socotra announced the launch of Socotra CorePlus, a line of complete insurance IT solutions composed of Socotra Connected Core, seamlessly integrated via Socotra App MarketPlace with software and data providers, including Mendix, Snapsheet, and Stripe. Socotra CorePlus is designed to decrease risk and costs, while… Read More

February 27, 2023 @ 5:17 pm By Omar Faridi  |  

Law firms face “a ton of challenges,” according to an update from Embroker. Lawyers are focused on “ensuring their clients get the best possible outcome for their cases, requiring their full attention and dedication to justice.” Unfortunately, that isn’t all that lawyers “have to deal… Read More