Insurtech

October 25, 2020 @ 10:31 pm By Samantha Hurst  |  

Coterie, a U.S.-based commercial insurtech, recently announced it has formed a new partnership with Intuit QuickBooks to deliver business insurance to QuickBooks customers through the QuickBooks Online small business platform. This news comes right now after Intuit Quickbook announced its collaboration with Next Insurance. Coterie… Read More

October 25, 2020 @ 3:59 pm By Xu Gao  |  

PBC Digital Currency Research Institute and Rural Credit Bank Fund Clearing Center Sign a Strategic Cooperation Agreement On October 20th, the Digital Currency Research Institute of the People’s Bank of China (hereinafter referred to as the Institute of Digital Currency Research) and the Rural Credit… Read More

October 22, 2020 @ 9:27 am By Samantha Hurst  |  

Next Insurance, an insurtech seeking to transform small business insurance, announced on Thursday it has integrated with Intuit Inc. (Nasdaq: INTU). Next reported that the integration will enable QuickBooks users to seamlessly obtain a customized quote and easily purchase General Liability, Professional Liability and Workers’ Compensation coverage through the insurtech platform. “Not only… Read More

October 20, 2020 @ 1:49 pm By Samantha Hurst  |  

  U.S.-based insurtech startup Pie Insurance announced on Tuesday it has expanded its service to both Florida and Wisconsin.  The expansion comes just days after Pie announced it has exceeded $100 million in cumulative written premium and surpassed $100 million in annualized run rate premium. As previously reported, Pie describes… Read More

October 20, 2020 @ 1:00 pm By JD Alois  |  

​Vouch Insurance​, a business Insurtech platform for startups, has expanded its coverage into New York, according to a release. Vouch notes that in New York there are over 9,000 startups valued at $147 billion. The New York expansion marks a major milestone in Vouch’s growth,… Read More

October 19, 2020 @ 11:39 am By Samantha Hurst  |  

SageSure, a U.S.-based homeowner insurtech, recently announced the launch of its new line of commercial insurance products specifically for coastal businesses. Founded in 2005, SageSure describes itself as an innovation-focused insurance and technology company specializing in underserved property markets. “As the leading homeowners insurtech organization… Read More

October 19, 2020 @ 11:21 am By Samantha Hurst  |  

  Matic, a U.S.-based digital insurance agency, recently announced it secured $24 million through its latest investment round, which was led by IA Capital with participation from Cultivation Capital, Clocktower Technology Ventures, MTech Capital, The K Fund, Protection America, Nationwide Ventures, Anthemis Group, ManchesterStory, Franklin… Read More

October 17, 2020 @ 5:00 pm By Xu Gao  |  

Insurtech Platform Nanyan Information Technology Secures 250-million-yuan Series C Round of Financing On October 14th, Chinese Insurtech platform Nanyan Information Technology (hereinafter referred to as “Nanyan”) announced that it had secured 250 million yuan in a Series C round of financing. The investment was led… Read More

October 16, 2020 @ 4:07 pm By Samantha Hurst  |  

InsurTech NY, an insurtech community that is located in the New York metro area, recently announced its growth-stage InsurTech accelerator cohort. According to Insurtech NY,  the program will focus on growth-stage startups that have existing customers and range in funding stage between Seed and Series… Read More

October 16, 2020 @ 3:51 pm By Samantha Hurst  |  

  U.S.-based insurtech startup Pie Insurance recently announced it has exceeded $100 million in cumulative written premium and surpassed $100 million in annualized run rate premium. As previously reported, Pie describes itself as a fast-growing insurtech startup that offers workers’ compensation insurance directly to small businesses. The company revealed it… Read More

October 8, 2020 @ 12:25 am By JD Alois  |  

ERGO Hestia, said to be the second-largest insurance group in Poland, has partnered with blockchain firm Billon Group to pilot instant refunds using distributed ledger technology (DLT). According to a note from the company, a select group of ERGO Hestia’s customers has been receiving blockchain-based… Read More

September 30, 2020 @ 3:13 pm By Samantha Hurst  |  

Next Insurance, an insurtech seeking to transform small business insurance, announced on Wednesday the availability of its Workers’ Compensation offering to 24 additional states across the nation, which includes Alabama, Iowa, Louisiana, and Virginia. “Workers’ Compensation is essential not only for high-risk jobs like those in… Read More

September 30, 2020 @ 11:55 am By Samantha Hurst  |  

Noyo, a U.S.-based API platform for improving the speed and accuracy of health insurance data exchange, announced earlier this week it raised $12.5 million through its Series A funding round, which was led by Costanoa Ventures and Spark Capital, with participation from Homebrew, Fika Ventures,… Read More

September 27, 2020 @ 9:34 pm By Samantha Hurst  |  

 Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a global provider of software solutions for the insurance industry, recently announced it has joined forces with advanced and predictive risk analysis company, GreenRoad Technologies, to improve driver safety and personalize driver insurance premiums. Sapiens reported that… Read More

September 25, 2020 @ 11:32 am By Samantha Hurst  |  

  Topa Insurance, a specialty property-casualty insurer, and U.S. insurtech Hippo Enterprises Inc. announced earlier this week that they have made a mutual decision to transition their partnership. Following the transition, Hippo customer policies with Topa will be underwritten by Spinnaker Insurance Company, a wholly-owned… Read More

September 24, 2020 @ 9:40 am By Samantha Hurst  |  

CogniSure AI, an insurtech startup that is focused on providing actionable insights from unstructured insurance documents such as policies, loss runs, quotes, and submission emails, announced on Wednesday the launch of its artificial intelligence (AI) platform for commercial loss run automation. Founded in 2019, CogniSure… Read More

September 23, 2020 @ 8:18 pm By Omar Faridi  |  

Fintech firm Zenda.la has reportedly become the first Mexican company to get accepted to the IBM Hyper Protect Accelerator program, which is conducted through a partnership with Village Capital. Zenda’s management says that being accepted into the tech giant’s program is “especially relevant as we… Read More

September 23, 2020 @ 3:24 pm By Samantha Hurst  |  

Penn River, a U.S. insurtech that’s focused on cloud-based annuity and life administration, announced on Tuesday it has joined forces with management consulting company Mantissa to launch its ProductHub platform. Penn River describes ProductHub as a solution that provides as much as a 30% reduction… Read More

September 23, 2020 @ 3:08 pm By Samantha Hurst  |  

U.S.-based insurtech startup Pie Insurance announced on Tuesday it is now offering automated bind requests within its recently launched partner portal. Pie Insurance reported that by allowing partner agents to submit requests to bind on eligible submissions within the partner portal, the company is “streamlining”… Read More

September 23, 2020 @ 9:21 am By Samantha Hurst  |  

Next Insurance, an insurtech seeking to transform small business insurance, announced on Wednesday it secured $250 million through its Series D funding round, which was led by CapitalG, Alphabet’s independent growth fund, with participation from FinTLV, a global insurtech VC, and existing investor Munich RE… Read More