Tagged: insurtech

Chinese Insurtech ZhongAn Technology Launches One-Stop Claims Service e-Platform For Insurers

Chinese insurtech ZhongAn Online P & C Insurance Co., Ltd. recently announced its wholly-owned subsidiary ZhongAn Technology has launched its Software-as-a-Service (SaaS) platform, ZhongAn Technology Intelligent Open Platform for Insurers, with AXA Tianping, a foreign property and casualty insurance company. According to ZhongAn,  the new platform… Read More

U.S. Insurtech Embroker Launches Fully Digital Directors & Officers Insurance Policy

Embroker, a modern business insurance platform designed to improve how companies of all sizes buy and manage insurance coverage, announced on Wednesday the launch of its fully digital directors and officers (D&O) insurance policy, specifically designed for venture capital (VC) backed tech startups. Embroker reported that the… Read More

Asian Insurer MSIG Insurance Announces Partnership with Plug and Play

Asian general insurer MSIG Insurance announced on Monday it has formed a strategic partnership with global startup accelerator and corporate innovation platform Plug and Play to promote innovation within the general insurance space. MSIG reported it will become a founding anchor partner of Plug and Play’s… Read More

Chinese E-Insurer ZhongAn Has Teamed Up With BioTech Company Orig3n For Health Tech Solutions

Orig3n, Inc., a Boston-based biotech company and Chinese insurtech ZhongAn Online P&C Insurance Co., Ltd. (6060.HK), announced earlier this week they have formed a partnership to bring health tech solutions to Chinese consumers. According to Orign3n, ZhongAn will now supplement its insurance offerings with the… Read More

Fintech & Insurtech Firm Novae Launches All-Digital White-Label Loyalty Platform For Banks

Novae, a U.S.-based fintech and insurtech firm, announced on Thursday the launch of Novaeplatform, which is described as a user-centric, universal, cross-border, all-digital, white label loyalty platform for banks that enables consumers and merchants to redeem points from any device using any type of payment… Read More

AXIS Capital Launches New Insurtech Venture

AXIS Capital Holdings Limited (NYSE: AXS), a global provider of specialty lines insurance and treaty reinsurance, announced on Monday the launch of AXIS Digital Ventures, a new unit that will lead enterprise-wide efforts to partner with entrepreneurial companies focused on data and analytics with high… Read More

XL Catlin Teams Up With Insurtech Slice to Build On-Demand Cyber Insurance Solution

Slice Labs, a U.S.-based insurtech firm, announced earlier this week that it has teamed up with insurer XL Catlin to create an on-demand cyber insurance solution for small and medium-sized business. According to Slice, the solution will be built on the Slice Insurance Cloud Services… Read More

Insurtech Startup Homelyfe Announces Partnership With Premium Credit

Homelyfe, a UK-based insurtech startup, announced this week it has formed a partnership with insurance premium company Premium Credit. According to Homelyfe, the new partnership allows Homelyfe’s customers to quickly and efficiently acquire home insurance cover with the option to pay in installments, all at… Read More

U.S. Insurtech Groundspeed Secures $30 Million Through Series B Funding Round Led By Oak HC/FT

Groundspeed Analytics (Groundspeed), a leading insurance technology company specializing in artificial intelligence (AI) and data science solutions, announced on Thursday it secured $30 million through its Series B funding round, which was led by Oak HC/FT, a premier venture growth-equity fund investing in Healthcare Information & Services… Read More

Insurtech Firm Ethos Announces New Partnership With Assurity Life Insurance & Munich Re to Deliver Simpler, Faster Life Insurance Policies

On Monday, insurtech startup Ethos announced it has formed partnerships with mutual insurance organization Assurity Life and reinsurer Munich Re. According to Ethos, the new partnerships follow Ethos’ recent launch out of stealth mode and the closing of its $11.5 million funding round, which was… Read More

Next Insurance Secures $83 Million Through Series B Round For Digital Small Business Insurance

Next Insurance, an insurtech company that specializes in small to medium businesses, announced on Wednesday it secured $83 million through its Series B funding round, which was led by Redpoint Ventures. According to Next Insurance, the funds from the round will enable the company to continue… Read More

U.S. Insurtech Hippo Insuance Milestone: Tops $10 Billion in Total Insured Property Value

Insurtech startup Hippo Insurance announced on Tuesday experienced substantial growth the past year as homeowners demand a reimagined way insurance is developed, bought, and serviced. The firm reported it has topped $10 billion in total insured property value and tripled written premiums quarter-over-quarter. As previously reported,… Read More

U.S. Insurtech Startup REIN Raises $7.3 Million in Venture Funding to Create New Insurance Products

REIN, a U.S.-based insurtech company, announced on last week it raised $7.3 million in venture funding from investors such as Liberty Mutual Strategic Ventures and Kiplin Capital; individual and family office investors, Jason Griswold (Founder, Brown Aviation Lease), Christopher Ellis (Managing Director at AvPro, Inc), Bert Roberts (former CEO of MCI), Steve… Read More

Startupbootcamp’s Insurtech Accelerator Opens Applications

Startupbootcamp’s InsurTech Accelerator part of Hartford InsurTech Hub, announced on Monday it has opened applications for the second year of its accelerator program. The organizers of the program reported the insurtech startups that have shown strong initial traction and looking to connect with several of the… Read More

Prudential Debuts Insurtech Innovations to Streamline Hospital Claims Process

Prudential Hong Kong Limited announced on Tuesday the launch of two insurtech innovations, Hospital to Prudential and Chatbot Claims, which will help redefine the way consumers and medical professionals manage hospital claims in Hong Kong. According to Prudential, the Hospital to Prudential portal provides customers with… Read More

Insurance Group CoverWallet Debuts Commerican Insurance API

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

Quesnay Kicks Off Second Female Founders in Tech Competition; Now Focusing on Insurtech

Consulting firm Quesnay announced earlier this week it has kicked off its second Female Founders in Tech Competition, which is designed specifically for all women-led technology startups with a tested product. Quesnay reported that the competition will include insurtech startups this year. Jennifer Byrne, Co-Founder and… Read More

Insurtech Firm TheGuarantors Launches Security Deposit Replacement Offering

TheGuarantors, a U.S. insurtech platform for rentals, announced last week the launch of its Security Deposit Replacement (SDR)offering, which offers tenants a flexible, cost-saving alternative to meeting security deposit requirements while also reducing landlord administrative burdens and financial risks. According to TheGuarantors, SDR replaces the… Read More

Robert Downey Jr.’s Downey Ventures & Will Smith’s Smith Family Circle Invest in Insurtech Startup Ethos

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

UK Insurtech Platform Wrisk Nears £1M Milestone on Seedrs

The Seedrs alum Wrisk began its second crowdfunding campaign in May — its second within a year — and is crushing it again within a few weeks. Having already raised over £954,550 on its current Seedrs convertible campaign (a mere £500K was the platform’s initial goal),… Read More