Insurtech

September 11, 2018 @ 1:02 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has formed a partnership with online service provider Q Versicherung Service to provide online shop operators with an innovative, tailor-made insurance solution through the Checkout Portal. According to Wirecard, the Wirecard… Read More

September 3, 2018 @ 9:28 am By Samantha Hurst  |  

UK challenger bank Starling Bank announced on Monday it has formed a partnership with insurtech startup Anorak. According to Starling Bank, Anorak is now set to provide impartial life insurance advice through the Starling Marketplace. Starling Bank also reported that Anorak’s mission is to make life insurance… Read More

August 28, 2018 @ 10:54 am By Samantha Hurst  |  

SoftBank’s Vision Fund is reportedly looking to invest $100 million into Chinese insurtech startup, ZhongAn. The upcoming investment comes just weeks after ZhongAn announced the launch of its new its Software-as-a-Service (SaaS) platform, ZhongAn Technology Intelligent Open Platform for Insurers. ZhongAn, which was launched by Ant Financial,… Read More

August 21, 2018 @ 4:56 pm By JD Alois  |  

Bestow, an Insurtech that delivers algo powered life insurance underwriting, has expanded into 32 US states including Massachusetts, Colorado, Washington, Oklahoma, North Carolina, Arizona, Utah, and Texas. The expansion comes as Bestow announces a new API to help partners offer life insurance as part of… Read More

August 20, 2018 @ 4:03 pm By Samantha Hurst  |  

Travelers, a U.S.-based insurance firm, has reportedly acquired a major stake in Canadian insurtech startup Zensurance. Founded in 2016, Zensurance claims it is leading the technology revolution in the insurance industry. The company, which uses data and analytics to identify most common risks, is able to… Read More

August 18, 2018 @ 10:41 am By Xu Gao  |  

Ant Fortune Announces the Launch of One-Stop Pension Service with First Batch of 14 Pension Funds On August 14, Ant Fortune announced that it will launch a series of pension products and services based on open + AI technology. In the future, users could get… Read More

August 14, 2018 @ 10:30 am By Samantha Hurst  |  

Chinese insurtech ZhongAn Online P & C Insurance Co., Ltd. recently announced its wholly-owned subsidiary ZhongAn Technology has launched its Software-as-a-Service (SaaS) platform, ZhongAn Technology Intelligent Open Platform for Insurers, with AXA Tianping, a foreign property and casualty insurance company. According to ZhongAn,  the new platform… Read More

August 11, 2018 @ 4:24 pm By Xu Gao  |  

China Issues its First Blockchain-based Electronic Invoice in Shenzhen This week, a restaurant in Shenzhen issued a blockchain-based electronic invoice, making it the first case in China. This invoice innovation is led by Shenzhen Municipal Taxation Bureau, technically supported by Tencent, and approved by the… Read More

August 8, 2018 @ 12:00 pm By Samantha Hurst  |  

Embroker, a modern business insurance platform designed to improve how companies of all sizes buy and manage insurance coverage, announced on Wednesday the launch of its fully digital directors and officers (D&O) insurance policy, specifically designed for venture capital (VC) backed tech startups. Embroker reported that the… Read More

August 6, 2018 @ 9:02 am By Samantha Hurst  |  

Asian general insurer MSIG Insurance announced on Monday it has formed a strategic partnership with global startup accelerator and corporate innovation platform Plug and Play to promote innovation within the general insurance space. MSIG reported it will become a founding anchor partner of Plug and Play’s… Read More

August 2, 2018 @ 3:00 pm By Samantha Hurst  |  

Orig3n, Inc., a Boston-based biotech company and Chinese insurtech ZhongAn Online P&C Insurance Co., Ltd. (6060.HK), announced earlier this week they have formed a partnership to bring health tech solutions to Chinese consumers. According to Orign3n, ZhongAn will now supplement its insurance offerings with the… Read More

August 2, 2018 @ 12:00 pm By Samantha Hurst  |  

Novae, a U.S.-based fintech and insurtech firm, announced on Thursday the launch of Novaeplatform, which is described as a user-centric, universal, cross-border, all-digital, white label loyalty platform for banks that enables consumers and merchants to redeem points from any device using any type of payment… Read More

July 31, 2018 @ 9:23 am By Samantha Hurst  |  

AXIS Capital Holdings Limited (NYSE: AXS), a global provider of specialty lines insurance and treaty reinsurance, announced on Monday the launch of AXIS Digital Ventures, a new unit that will lead enterprise-wide efforts to partner with entrepreneurial companies focused on data and analytics with high… Read More

July 29, 2018 @ 9:46 am By Samantha Hurst  |  

Slice Labs, a U.S.-based insurtech firm, announced earlier this week that it has teamed up with insurer XL Catlin to create an on-demand cyber insurance solution for small and medium-sized business. According to Slice, the solution will be built on the Slice Insurance Cloud Services… Read More

July 28, 2018 @ 2:40 pm By Samantha Hurst  |  

Homelyfe, a UK-based insurtech startup, announced this week it has formed a partnership with insurance premium company Premium Credit. According to Homelyfe, the new partnership allows Homelyfe’s customers to quickly and efficiently acquire home insurance cover with the option to pay in installments, all at… Read More

July 27, 2018 @ 9:27 am By Samantha Hurst  |  

Groundspeed Analytics (Groundspeed), a leading insurance technology company specializing in artificial intelligence (AI) and data science solutions, announced on Thursday it secured $30 million through its Series B funding round, which was led by Oak HC/FT, a premier venture growth-equity fund investing in Healthcare Information & Services… Read More

July 24, 2018 @ 12:02 pm By Samantha Hurst  |  

On Monday, insurtech startup Ethos announced it has formed partnerships with mutual insurance organization Assurity Life and reinsurer Munich Re. According to Ethos, the new partnerships follow Ethos’ recent launch out of stealth mode and the closing of its $11.5 million funding round, which was… Read More

July 11, 2018 @ 4:00 pm By Samantha Hurst  |  

Next Insurance, an insurtech company that specializes in small to medium businesses, announced on Wednesday it secured $83 million through its Series B funding round, which was led by Redpoint Ventures. According to Next Insurance, the funds from the round will enable the company to continue… Read More

July 10, 2018 @ 3:09 pm By Samantha Hurst  |  

Insurtech startup Hippo Insurance announced on Tuesday experienced substantial growth the past year as homeowners demand a reimagined way insurance is developed, bought, and serviced. The firm reported it has topped $10 billion in total insured property value and tripled written premiums quarter-over-quarter. As previously reported,… Read More

July 9, 2018 @ 2:38 pm By Samantha Hurst  |  

Fineqia International Inc. (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) announced on Monday it is taking an equity allocation in Black Insurance, a digital insurance blockchain startup. According to Fineqia, Black intends to become a licensed insurer and enable the underwriting of new insurance policies through insurance syndicates… Read More