Tagged: insurance

Scotiabank Announces Bancassurance Strategic Alliance With Insurance Unit BNP Paribas Cardif in Pacific Alliance Countries

Scotiabank announced on Thursday it has formed a partnership with BNP Paribas Cardif, the insurance unit of BNP Paribas, as part of its efforts to bring more customer-centric solutions to its customers in the Pacific Alliance Countries. According to Scotiabank, the partnership involves the development… Read More

Arturo Announces New Partnership with Insurtech Hippo Insurance

Arturo, a deep-learning property analytics company incubated within American Family Insurance, recently announced it has formed a partnership with insurtech startup Hippo Insurance.  Arturo reported that its property analysis capabilities, which provides near-real-time physical property characteristics, now integrates with Hippo’s proprietary policy management system. “Arturo’s… Read More

China Lending Announces New Partnership With Rui Xin Insurance Technology

China Lending Corporation (NASDAQ: CLDC), a non-bank financial corporation servicing micro, small and medium-sized enterprises in China, announced earlier this week it has entered into a five-year strategic partnership agreement with Rui Xin Insurance Technology (Ningbo) Co., Ltd, a fintech company providing comprehensive insurance solutions…. Read More

UK Insurtech AkinovA Announces Launch of Series B Investment Round

AkinovA, a UK-based insurtech, announced last week it is now seeking funds through its Series B investment round. Founded in 2017, AkinovA is building an electronic marketplace for the transfer and trading of (re)insurance risks. “By working in collaboration and partnership with the insurance industry,… Read More

Insurtech Startup Singapore Life Receives $90 Million Investment From Sumitomo Life Insurance

Singapore Life, a Singapore-based insurtech startup, has reportedly received a $90 million investment from Sumitomo Life Insurance. Founded in 2014, Singapore Life describes itself as a life insurance company fully licensed by the Monetary Authority of Singapore that is built on the belief that “the… Read More

Belgium-Based Insurtech Qover Secures €8 Million Through Latest Funding Round Led By Alven & Portag3

Qover, a Belgium insurtech for digital businesses, recently announced it has raised €8 million through its latest funding round,  led by Alven and Portag3 Ventures with participation from Anthemis. Founded in 2016, Qover reported its insurance products insure nearly 50,000 individuals across eight European countries…. Read More

Starling Bank Announces New Collaboration With Direct Line Group to Allow Customers to Apply For Home Insurance Through In-App Marketplace

UK-based digital banking platform Starling Bank announced on Tuesday it has formed a new partnership with Direct Line Group to allow current account customers to apply for home insurance directly through Starling’s in-app marketplace. According to Starling, the partnership will enable customers to securely connect… Read More

PINTEC Announces Expansion of Partnership With Insurtech 1an For Overseas Accident Insurance Package

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Wednesday it has extended its partnership with  1an.com, an insurtech company based in Shenzhen, to offer overseas accidental insurance package. PINTEC reported it provides 1an with insurance brokerage solutions and has developed customized overseas accident insurance… Read More

German Insurtech Startup Getsafe Secures $17 Million Through Series A Funding Round Led By Earlybird

Getsafe, a Germany-based insurtech startup, announced on Thursday it secured $17 million through its Series A funding round, which was notably led by Earlybird with participation from CommerzVentures and other existing investors. Founded in 2014, Getsafe claims it is looking to reinvent insurtech and is… Read More

SoFi Forms New Partnerships With Lemonade & Root to Expand Portfolio Of Offerings to Include Homeowners/Renters Insurance

Online lending platform SoFi announced on Monday it has formed two partnerships with insurtechs Lemonade and Root to expand its portfolio of offerings to its members to include homeowners and renters insurance. SoFi reported that the partnerships round out its insurance offerings, giving members access… Read More

CoverWallet Teams Up With Zurich insurance Group to Launch Online Platform for SME Insurance in Switzerland

Zurich Insurance Group (VTX:ZURN), one of the largest global insurance companies, and CoverWallet, the tech company that is the easiest way to understand, buy, and manage business insurance online, announced earlier this week they have teamed up to launch an online platform for SME insurance in… Read More

Insurtech Startup Zesty.ai Forms New Partnership With Aon to Improve Underwriting With Property Data Solution Powered By AI

Insurtech startup Zesty.ai has recently formed a new partnership with Aon plc (NYSE:AON), a global professional services firm providing a broad range of risk, retirement and health solutions, to enhance insurers’ underwriting through access to more than 130 billion data points on buildings and their… Read More

Canadian Insurtech Breathe Life Secures C$4.5 Million Through Latest Seed Funding Round Led By Diagram Ventures

Breathe Life, a Canada-based insurtech startup, has recently secured C$4.5 million through its latest seed funding round, which was led by Diagram Ventures with participation from Real Ventures. Founded in 2017, Breathe Life reports that its platform delivers a “modern customer-centric experience” with tools and… Read More

Insurtech Startup Hippo Insurance Partners With Neptune Flood to Create Online Home & Flood Insurance Solution

Insurtech startup Hippo Insurance announced on Thursday it has teamed up with Neptune Flood, a data-driven flood insurance company, to launch a new online home and flood insurance solution. Launched in 2017, Neptune Flood allows users to quote and buy flood insurance in under two minutes, removes the… Read More

Insurtech Platform Coverhound Secures $58 Million Through Series D Funding Round Led By Specialist Insurer Hiscox

CoverHound, the property and casualty (P&C) insurance platform for digital distribution, announced last week it secured $58 million through its Series D funding round, which was led by specialist insurer Hiscox, with participation from insurance providers Chubb, Aflac Ventures and Japan-based MS&AD. Founded in 2010, Coverhound offers digital shoppers instant quotes… Read More

Friendsurance CEO Tim Kunde Discusses New Business Brand, Bancassurance, Insurtech Trends & More…

The German digital insurance platform Friendsurance, which serves nearly 150,000 customers and works together with 175 insurance companies, now offers its digital bancassurance solutions under the new brand name Friendsurance Business. The expansion was made in  response to the increased demand from banks and insurance… Read More

Invia Flights Germany Partners With Insurtech Protection Platform Setoo to Provide Insurance Services

Insurance and protection-as-a-service company, Setoo, announced last week it has formed a new partnership with Invia Flights Germany GmbH, an Invia Group company, to independently design and distribute new types of insurance products that are personalized, transparent, and offer immediate compensation with no claim process required, Setoo reported that… Read More

Chinese P2P Lender Hexindai Announces Investor Insurance Coverage Agreement with Shanxi Zhengxuan Finance Guarantee

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Friday it signed a cooperation agreement with Shanxi Zhengxuan Finance Guarantee Co., Ltd., which reportedly is controlled by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), to provide investors on its platform with insurance coverage that… Read More

MetLife Opens Applications For Second MetLife Digital Accelerator Program

MetLife, Inc. (NYSE: MET) announced that applications are now open for the second MetLife Digital Accelerator powered by Techstars. The insurance giant revealed that the MetLife Digital Accelerator identifies and mentors startups around the globe that are developing transformational capabilities and potentially industry-disrupting technologies in… Read More

UK Insurer Kingsbridge Acquires Insurtech Startup Dinghy

Dinghy, a UK-based insurtech platform specifically for freelancers, has been acquired from UK insurer Kingsbridge. This news comes just one year after Dinghy secured $1.2 million during its seed funding round led by Balderton Capital. As previously reported, Dinghy was founded in 2017 by co-founders Ben Wilks, Robert… Read More

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