Tagged: insurance technology

Insurtech: Netradyne, Cover Whale to Provide High-Tech Dash Cams for Policyholders

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

Digital Insurance Platform Embroker Appoints Chris Spagnuolo as Chief Product Officer

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

SEB Enters Partnership and Invests in Nordic Insurtech Hedvig

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

Insurtech wefox Appoints Dr. Günther Blaich as Country Lead for Germany

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

Switzerland: UBS Becomes Banking Partner of Tenity, an Innovation Ecosystem Focused on Fintech, Insurtech

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

Insurtech: Opkit Launches Insurance Verification Platform for Telehealth Firms, Virtual Medical Practices

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

AI and Machine Learning-Powered Devron, Cover Whale to Enable Safer Roads

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

Insurtech Socotra Introduces CorePlus Insurance IT Solutions

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

Embroker Introduces Law Bundle, Combining Law Practices Liability Insurance with Cyber Risk Insurance

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

Insurtech wefox Receives Digital Trust Label from Swiss Digital Initiative

wefox, which claims to be one the world’s leading Insurtechs, has received the Digital Trust Label by The Swiss Digital Initiative, a Geneva based independent foundation for advancing digital trust and transparency globally. This Label recognizes wefox’s commitment “to data protection and information transparency.” The… Read More

Insurtech Lemonade Reports 64% Top Line Growth for Q4 2022

Lemonade, Inc. (NYSE: LMND) has released its fourth quarter and full year 2022 financial results. Lemonade recently shared its Q4 2022 financial results in the Letter to Shareholders on the company’s official investor relations website. On Thursday, February 23, 2023, Lemonade reportedly hosted to discuss… Read More

Insurtech Socotra Targets European Expansion for Business Growth Strategy

Socotra announces a major drive into the European insurance markets, with an initial focus on the UK, DACH, France, and others, “following strong growth in 2022, including a 71% revenue increase, a 75% growth in customers, and a 117% YoY increase in policies managed on… Read More

LegalZoom, NEXT Insurance to Create Embedded Experience for Small Business Insurance

LegalZoom.com, Inc. (Nasdaq: LZ), the firm focused on online business formation and a key player in legal, compliance and tax solutions, and NEXT Insurance, a digital insurtech company transforming small business insurance, announced a partnership “to better help small business owners create and protect their… Read More

Insurtech Cowbell Teams Up with Millennial Shift Technologies, an E-Trading Platform Suite

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), announced a partnership with Millennial Shift Technologies, a custom branded e-trading platform suite. The partnership will deliver Cowbell’s cyber insurance programs, Cowbell Prime 100 and 250, on Millennial Shift’s e-trading broker platform, mFactor…. Read More

Artificial Intelligence: ThetaRay, Piie Focused on AI Tech for Insurance Payments

ThetaRay, a provider of AI-powered transaction monitoring technology, and Piie, Inc., an insurtech providing an intelligent payment engine, announced a collaboration in order “to implement an advanced AML solution for insurance claim payments.” Through the agreement, Piie (Payments Intelligent Integration Engine) will “integrate ThetaRay’s AI-driven… Read More

Insurtech: Pie Insurance Group Given Solid Financial Strength Rating, Long-Term Issuer Credit Rating

Pie Insurance, a tech-enabled provider of workers’ compensation insurance to small businesses, announced that Pie Insurance Group has “secured a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of ‘a-‘ (Excellent)” from AM Best, a global credit rating agency and data… Read More

Thailand based Insurtech Eazy Digital Secures $850K via Seed Round

Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised US$850,000 in an oversubscribed seed funding round. The investment round was “led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri, and Sasin Bangkok Venture Club.” Eazy Digital… Read More

Insurtech wefox Appoints Rene Besenbäck to Accelerate Business Growth in Austria

wefox, which claims to be one of the world’s leading Insurtechs, has appointed Rene Besenbäck as Head of Sales in Austria, with immediate effect. Rene Besenbäck will be “responsible for delivering sales for wefox Austria and working closely with the Head of Country, Rainer Vogelmann,… Read More

Swiss Insurtech TONI Digital Finalizes $12.5M Series B

Zurich-headquartered startup TONI Digital has secured $12.5 million in a Series B funding round. The company is a digital insurance-as-a-service provider, “offering personal and commercial insurance lines such as motor insurance, payment protection insurance, and life solutions on top of its market-leading insurance technology platform.”… Read More

Insurtech Firm bolttech Partners with AIS in Thailand

International insurtech, bolttech, and Thailand’s mobile network operator, AIS, have partnered to deliver embedded protection services “including mobile device switch and replacement services to AIS customers for the recently-launched AIS Care+ program.” The AIS Care+ program “allows customers to switch or replace their smartphones and… Read More

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