Tagged: insurance

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

June 26, 2018 @ 3:39 pm By Samantha Hurst  |  

New York City-based insurtech startup CoverWallet announced on Tuesday the launch of its new API for commercial insurance, CoverWallet API. The new API allows developers and businesses to now integrate insurance services and solutions directly into their apps and websites within a matter of minutes. CoverWallet reported… Read More

June 14, 2018 @ 9:32 pm By Samantha Hurst  |  

On Thursday, insurtech startup Ethos announced it secured $11.5 million through its latest financing round, which was led by Sequoia Capital with participation from Robert Downey Jr.’s Downey Ventures, Kevin Durant’s Durant Company, Will Smith’s Smith Family Circle, and a credit facility from Silicon Valley Bank. Founded in 2016, Ethos describes… Read More

June 13, 2018 @ 7:36 pm By Samantha Hurst  |  

ING and AXA announced on Wednesday they have formed an exclusive, long-term, multi-country bancassurance partnership to provide insurance products and related services through a central digital insurance platform. The companies reported that under this new partnership, ING will bring its digital banking experience and AXA… Read More

June 7, 2018 @ 7:37 am By Samantha Hurst  |  

Laka, a UK-based insurtech startup, announced on Thursday it has kicked off its global expansion by securing £1.1 million through its seed funding round, which was led by financial holding company Tune Protect Group Berhad with participation from 500 Startups.  The company, which was founded… Read More

June 1, 2018 @ 10:02 pm By Samantha Hurst  |  

TicketGuardian, an insurtech startup that’s aiming to shake up the ‘no refunds’ standard of live events ticketing, announced on Thursday the launch of two new consumer-facing insurance products,  FanShield and RegShield, which give policy owners better coverage for both ticketed live events, and registered events. While… Read More

May 29, 2018 @ 3:49 pm By Samantha Hurst  |  

Flock, a London-based insurtech, announced on Tuesday it raised £2.25 million through its Seed funding round from a range of global investors. Flock reported that the round was led by Anthemis, a VC focused on Fintech and Insurtech investments. Other investors included Silicon Valley’s Plug and… Read More

May 7, 2018 @ 4:03 pm By Samantha Hurst  |  

Hellas Direct, a Greece-based insurtech platform, announced last week it has teamed up with Revolut to “shake up” the insurance industry in Greece and Cyprus. According to Hellas, the new partnership is aiming to improve customer experience and further drive transparency. The announced of Revolute partnership… Read More

May 4, 2018 @ 9:31 pm By Samantha Hurst  |  

Small business insurance startup CoverWallet announced this week it has expanded its insurtech B2B platform for carriers and agents to the Hanover Insurance Group, which is notably the first carrier to use the platform’s technology. According to CoverWallet, the CoverWallet B2B platform provides real-time quoting, underwriting,… Read More

April 21, 2018 @ 5:26 pm By Samantha Hurst  |  

UK-based insurance company Midrive is set to close its equity crowdfunding campaign on Crowdcube with nearly £2.4 million in funding from more than 760 investors. Founded in 2013, Midrive has more than 300,000 members throughout the UK and reported its instructor network has grown to be one of… Read More

April 19, 2018 @ 9:19 am By Samantha Hurst  |  

With its equity crowdfunding campaign on Crowdcube set to close this upcoming weekend, UK-based insurtech Midrive has surpassed £2.1 million thanks to nearly 700 investors. As previously reported, Midrive was founded in 2013 and reported it has over 300,000 throughout the UK and reported its instructor… Read More

April 17, 2018 @ 2:45 pm By Samantha Hurst  |  

Global insurance company, Marsh, announced on Monday it has formed a partnership with IBM (NYSE: IBM), ACORD, and ISN launch a commercial blockchain solution for proof of insurance. The company reported that by using blockchain technology, it is looking to fundamentally transform the certificate of insurance process… Read More

April 11, 2018 @ 11:20 am By Samantha Hurst  |  

Less than two weeks until its equity crowdfunding round comes to an end on Crowdcube, UK-based insurtech Midrive has successfully secured more than £2 million from over 575 investors. The company quickly secured its initial £1.8 million funding target. Founded in 2013, Midrive is an insurance company… Read More

April 9, 2018 @ 11:53 am By Samantha Hurst  |  

bitJob, a blockchain-based peer-to-peer employment marketplace for students, is announcing today its collaboration with insurtech startup, Lemonade, The duo reported that the insurance API that Lemonade has developed will be integrated into the bitJob marketplace, and will allow students that are already homeowners to receive customized rates for… Read More

April 6, 2018 @ 4:00 pm By Samantha Hurst  |  

Midrive, a UK-based insurtech that’s on a mission to reinventing driving and insurance for the digital generation, is now nearing £2 million through its equity crowdfunding campaign on Crowdcube. The campaign was launched last month and successfully secured £1.8 million. So far, the funding round has… Read More

April 4, 2018 @ 3:17 pm By Samantha Hurst  |  

On Wednesday, Canada’s OneEleven announced the participants of their Insurtech Growth Program. The startup community announced in January it was joining forces with insurance company Aviva Canada to support the success of growing Canadian insurtech companies. The program, which runs for four months, will provide the… Read More

April 4, 2018 @ 12:34 pm By Samantha Hurst  |  

Bunker, a California-based insurtech startup, announced last week it has formed a partnership with Chubb Insurance to accelerate new insurance product development. According to Bunker, this new collaboration leverages Chubb’s strength as a large publicly-traded property-casualty insurer, along with Bunker’s technology platform. Speaking about the partnership, Chad Nitschke, Co-Founder… Read More

April 3, 2018 @ 3:33 pm By Samantha Hurst  |  

Unum (NYSE:UNM), a market leader in providing disability, life, accident, critical illness, dental and vision insurance in the workplace, announced on Tuesday it has formed a partnership with Plug and Play Insurtech, a Silicon Valley-based startup innovation platform. According to Unum, this new partnership connects the… Read More

March 30, 2018 @ 9:24 pm By Samantha Hurst  |  

Midrive, a UK-based insurtech that’s on a mission to reinventing driving and insurance for the digital generation, has successfully secured more than £1.9 million from nearly 450 investors through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month, seeking £1.8 million. Founded in 2013,… Read More

February 23, 2018 @ 1:00 pm By Samantha Hurst  |  

BNP Paribas, the global Top-10 bank headquartered in France, announced this week it is launching its very own investment fund that dedicated to financial services and insurance. The company reported that the new fund will be managed by BNP Paribas Capital Partners, an arm of BNP Paribas Asset… Read More