Tagged: insurance

FCA to Research Big Data and Retail Insurance Sector

The Financial Conduct Authority has launched another “call for inputs” as it digs into the retail insurance industry and the use of data to drive decisions. Interested participants have until January 8th to submit comments with a feedback statement expected in mid-2016.  The FCA notes… Read More

P2P Lender ArchOver Joins with Coface to Provide £100 Million of Lender Protection

ArchOver, a peer to peer lending platform, has enlisted Coface, a leader in credit insurance, to protect lenders from potential default on business loans. The new partnership is said to provide future protection of up to £100 million. The new arrangement will enable ArchOver to… Read More

Particeep Offers Plug-&-Play White Label Insurance Service to Crowdfunding Platforms

Particeep a provider of white label solutions for crowdfunding platforms had joined forces with insurance group Axa to offer a plug-and-play insurance service to cover investors’ and lenders’ risk. French consumers are notably risk-averse. They save a lot and like to invest their savings in… Read More

Startupbootcamp Launches Global Insurance Accelerator Targeting Insurance Industry

In the news again, Startupbootcamp, a European accelerator, today announced the launch of the Startupbootcamp Insurance accelerator program. Based in London, the program invites global startups from across different areas within insurance, including retail insurance, corporate risk management, re-insurance, back-office efficiency and new risk models, to… Read More

Brief: Indiegogo Tests Crowdfunding Insurance on Olive Project

With crowdfunding scams continuing to be on the rise, global giant Indiegogo announced it is offering an optional insurance free that will help ease backer worries for future projects. According to TechCrunch, Indiegogo’s new feature will provide a refund if backers do not receive the… Read More

Supporters Hit GoFundMe to Help Raise $950,000 For Canadian Couple After Medical Bill Woes

Turning to the crowd after a very unfortunate circumstance, a GoFundMe crowdfunding campaign has been launched to raise $950,000 for Canadian couple so they may pay off a medical bill that they received after the birth of their daughter in Hawaii. According to the campaign,… Read More

Asurvest, Bendigo Partners Set to Offer Risk Management for Equity Crowdfunding

Bendigo Partners LLC and Asurvest Join Forces to Deliver the First Risk Management Products for Equity Crowdfunding. A person familiar with the situation has indicated that Asurvest, Inc., a developer of risk management products, and Bendigo Partners, LLC, a private investment firm, are expected to… Read More

The Hartford Extends Liability Coverage for Crowdfunding

The Hartford Enhances Management Liability Offerings For Small And Midsize Businesses, includes Crowdfunding under the Jobs Act. The Hartford has enhanced its private company management liability offerings with Private Choice OvationSM, a comprehensive package policy with updated and expanded coverage options designed to address the most important emerging exposures… Read More

Crowdfunding Risk Manager Asurvest Announces Appointments

Asurvest has announced two Key appointments critical to the further development of their web based Investment Assurance Programs. Currently in Beta, the Company’s risk management and loss recovery products will provide Crowdfund users with some recourse for small investments made through equity and rewards based sites…. Read More

Insurance Professionals Concerned About Crowdfunding

According to an article in Property and Casualty 360, industry participants list crowd funding as a potential concern for 2013.  Insurers expect professional and management liabilities to increase in 2013 by up to 10 percent according to a recent survey quoted in the article. With… Read More

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