U.S.-based insurtech startup CoverWallet announced on Tuesday the launch of CoverWallet for Agents, which is described as a dedicated platform for insurance agents. According to CoverWallet, those using the new platform will benefit from a “fast, simple, and efficient” way to provide commercial insurance to… Read More
Novae, a U.S.-based fintech and insurtech firm, announced on Wednesday it has teamed up with digital tech agency AAXIS to continue the growth and development of the capabilities of alle2020, a global, white-label B2B2C digital capability framework it launched in October. According to Novae, alle2020 uses… Read More
LAFISE Group (LAFISE), a Latin American financial services provider, announced on Tuesday it has selected fintech and insurtech company novae to support its digital transformation. The LAFISE Group reported that as a first step in the process, the Dominican Republic locations of the group’s retail bank chain, Banco LAFISE… Read More
Insurtech company Ethos announced on Tuesday it successfully raised $35 million through its Series B financing round, which was led by early and growth-stage venture capital firm, Accel with participation from Google Ventures (GV), previous investors Sequoia Capital and Arrive, a subsidiary of Roc Nation,… Read More
Ping An Insurance Group announced on Wednesday it has done a full update of its Ping An Cloud. The company reported the Cloud is entering a new phase of offering cloud services to external customers. As previously reported, Ping An is considered one of the largest… Read More
U.S. based private equity and operating firm HCS Capital announced on Tuesday it invested $3 million in Jooycar, a Chilean insurtech that is seeking to disrupt the auto insurance and telematics space in Latin America. HSC Capital reported that the insurtech investment marks the most recent… Read More
Insurtech startup Jumpstart announces the official launch of an innovative type of natural disaster insurance in California, initially for earthquakes. Founded in 2015, Jumpstart stated its technology-driven, index-based approach delivers instant signup, affordable coverage, and automatic payout. “Starting with the earthquake risk in California, our first-of-its-kind policy… Read More
Cover, a U.S.-based mobile insurtech company and Y Combinator alum, announced last week it secured $16 million through Series B funding round, which was led by Tribe Capital with participationfrom Samsung, Y Combinator, Exor and Social Capital. Founded in 2016, Cover’s primary product is a… Read More
Insuresoft, a digital insurance platform provider for property and casualty insurers, announced last week it has formed a partnership with SPLICE Software, which specializes in using big and small data and voice technologies to drive customer engagement. The duo has reportedly teamed up to provide Insuresoft’s… Read More
U.S. insurtech Haven Life announced at InsureTech Connect 2018 it is increasing its maximum coverage amount to $3 million. According to the insurance brand, this increase in face amount from $2 million to $3 million is a strategic move to better serve customers who are coming to Haven Life to secure affordable,… Read More
Plug and Play Insurtech announced earlier this week 17 startups will join Batch One of “Insurtech Europe powered by Plug and Play,” which is described as a platform that formally launched on November 14, 2017, by Plug and Play Insurtech and Insurtech Hub Munich. The corporate partners… Read More
Hokodo, a London and Paris-based insurtech that provides B2B marketplaces and accounting platform with small business insurance through APIs, announced earlier this week it secured €1.9 million through its latest seed funding round, which was led by European venture capital firm Anthemis. Founded earlier this year,… Read More
Plug and Play announced earlier this week the first batch of startups selected for its multi-corporate Fintech and Insurtech program in Singapore. The accelerator reported it screened over more than applicants for the program. While sharing more details, Kayvon Deldar, Program Head of Plug and Play… Read More
Insurtech startup Hippo Insurance announced this week it has formed a partnership with zesty.ai, an Artificial Intelligence (AI) enabled risk analytics platform for Property and Casualty insurance. Through the new partnership, Hippo is now able to leverage computer vision technology and property attributes zesty.ai offers into its data-driven… Read More
Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has formed a partnership with online service provider Q Versicherung Service to provide online shop operators with an innovative, tailor-made insurance solution through the Checkout Portal. According to Wirecard, the Wirecard… Read More
UK challenger bank Starling Bank announced on Monday it has formed a partnership with insurtech startup Anorak. According to Starling Bank, Anorak is now set to provide impartial life insurance advice through the Starling Marketplace. Starling Bank also reported that Anorak’s mission is to make life insurance… Read More
SoftBank’s Vision Fund is reportedly looking to invest $100 million into Chinese insurtech startup, ZhongAn. The upcoming investment comes just weeks after ZhongAn announced the launch of its new its Software-as-a-Service (SaaS) platform, ZhongAn Technology Intelligent Open Platform for Insurers. ZhongAn, which was launched by Ant Financial,… Read More
Travelers, a U.S.-based insurance firm, has reportedly acquired a major stake in Canadian insurtech startup Zensurance. Founded in 2016, Zensurance claims it is leading the technology revolution in the insurance industry. The company, which uses data and analytics to identify most common risks, is able to… Read More
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
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
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