Tagged: insurance

ING Partners With AXA to Create Global Insurance Platform

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

UK Insurtech Laka Secures £1.1 Million During Seed Funding Round Led By Tune Protect Group

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

Insurtech Platform For Event Goers TicketGuardian Debut Two Consumer Insurance Products

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

London Insurtech Flock Raises £2.25 Million Through Seed Funding Round to Expand On-Demand Drone Insurance

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

Hellas Direct Forms New Partnership With Revolut

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

CoverWallet Announces Insurtech Platform Expansion to Hanover Insurance Group Agents

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

Midrive to Close Crowdcube Round With Nearly £2.4 Million in Funding

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

UK Insurtech Midrive Surpasses £2.1 Million During the Final Days on Crowdcube

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

Global Insurance Brand Marsh Announces Collaboration With IBM, ACORD, & ISN For Blockchain Technology

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

Update: Insurtech Midrive Hits £2 Million Through Crowdcube Campaign

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

P2P Employment Marketplace bitJob Announces New Partnership With Insurtech Lemonade

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

Update: Insurtech Midrive Nears £2 Million Through Crowdcube Funding Round

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

OneEleven & Aviva Canada Announces Five Startups Selected For Insurtech Growth Program

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

California Insurtech Startup Bunker Forms Partnership With Chubb to Accelerate New Insurance Product Development

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

Insurance Platform Unum Named Anchor Partner of Plug and Play Insurtech

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

UK Insurtech Midrive Raises More Than £1.9 Million Through Crowdcube Campaign

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

BNP Paribas Launches New Investment Fund For Financial Services & Insurance

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

Former SoFi SVP Brad Simmons Named CMO of Insurtech Startup Health IQ

California insurtech Health IQ Insurance Services (Health IQ), announced on Thursday it has appointed Brad Simmons as Chief Marketing Officer, a newly created position on its senior leadership team. According to HealthIQ, Simmons brings over 15 years of experience in developing large scale customer acquisition… Read More

New York Insurtech CoverWallet Announces Partnership With Zurich Insurance to Launch New Digital Platform in Europe

CoverWallet, a New York-based insurtech startup, announced this week it has formed a partnership with Zurich Insurance to provide SMEs in Europe with a way to quickly size up their insurance needs, purchase coverage and manage their policies through a single digital platform. While sharing details… Read More

Hippo Opens New Office in Texas Just Weeks After Announcing $25 Million Series B Investment

Less than a month after Hippo announced it secured $25 million through its Series B round, the California-based insurtech company announced the opening of its second office in downtown Austin. While sharing details about the new Texas location, Assaf Wand, Hippo Co-Founder and CEO, stated: “Hippo is… Read More

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