Tagged: insurtech

July 10, 2020 @ 3:37 pm By Samantha Hurst  |  

Thimble, a U.S.-based insurtech startup that helps small businesses succeed on their own terms, announced on Thursday it has released a new API for partners who serve the small business and professional services communities. Thimble reported that With the Thimble API, partners can offer flexible insurance… Read More

July 8, 2020 @ 12:40 pm By Samantha Hurst  |  

Concirrus, a UK-based insurtech, has reportedly secured a $6 million investment from Commerzventures. Founded in 2012, Concirrus shared its Quest platform provides proprietary behavioral data and predictive models that significantly outperform traditional risk assessment and underwriting techniques in the insurance market. “Our Quest products access… Read More

June 29, 2020 @ 2:26 pm By Samantha Hurst  |  

  Insurtech startup Hippo Insurance recently announced it has expanded its claims partnerships with Handdii and Westhill. Hippo claimed that the partnerships will allow it to match claimants with top tier contractors to deliver the comfort and satisfaction of high-quality work, real-time updates and a… Read More

June 28, 2020 @ 10:57 pm By Samantha Hurst  |  

Insurtech NY, an insurtech community that is located in the New York metro area, recently announced plans to launch its NYC insurtech accelerator program. According to Insurtech NY, the program will take place in October 2020 and will start taking applications from growth-stage startups that… Read More

June 28, 2020 @ 10:50 pm By Samantha Hurst  |  

LeaseLock, an insurtech that provides totally eliminates security deposits, surety bonds and guarantors in rental housing, recently announced it has insured leases totaling more than $300 million in value. As previously reported, LeaseLock’s Zero Deposit allows renters to pay a lower monthly fee starting at… Read More

June 23, 2020 @ 9:58 am By Samantha Hurst  |  

Breeze announced on Tuesday it has teamed up with Assurity Life to launch an API-driven disability insurance product with a digital application and underwriting process. Through the new service, individuals may request a personalized disability insurance quote and complete a secure application process online in 10-15… Read More

June 10, 2020 @ 4:20 pm By Samantha Hurst  |  

Planck, a U.S.-based AI data platform for commercial insurance, announced on Wednesday it raised $16 million through its Series B Funding Round. With its $12 million Series A, the company has raised a total of $28 million. Founded in 2016, Planck claims to be the… Read More

June 9, 2020 @ 1:16 pm By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced on Tuesday it has formed a partnership with annuity and life insurance provider Brighthouse Financial to offer an exclusive accelerated underwriting life insurance product, Brighthouse SimplySelect. According to Policygenius, the insurance product features an accelerated purchase process that… Read More

June 8, 2020 @ 10:20 pm By Samantha Hurst  |  

Jooycar, a Chilean insurtech that is seeking to disrupt the auto insurance and telematics space in Latin America, has reportedly secured $700,000 through HCS Capital as it plans to continue expansion to the U.S. efforts. The company announced its U.S. expansion plans back in December… Read More

June 3, 2020 @ 3:27 pm By Samantha Hurst  |  

Insurtech startup Hippo Insurance announced on Wednesday it is set to acquire Spinnaker Insurance Company, a national property and casualty insurer. Hippo reported it has partnered with Spinnaker as its largest carrier platform since 2017, with Spinnaker-backed Hippo products currently available to consumers in nearly… Read More

May 29, 2020 @ 12:11 pm By Samantha Hurst  |  

Insurtech startup Pie Insurance announced on Thursday it secured $127 million through its latest investment round. The companies that participated in the funding round are Gallatin Point Capital, Greycroft, SVB Capital, Aspect Ventures, Elefund, and Sirius International Insurance Group, Ltd. As previously reported, Pie describes… Read More

May 29, 2020 @ 12:03 pm By Samantha Hurst  |  

Trov, a U.S.-based insurtech company, announced earlier this week it has formed a new partnership with Seguros Sura Brazil, a Latin American P&C insurer, to bring on-demand insurance to Brazil.  Trov stated it has been working with Seguros Sura Brazil for the past several months… Read More

May 20, 2020 @ 3:02 pm By Samantha Hurst  |  

Coalition, the leading cyber insurance and security company, announced on Wednesday it has raised $90 million through its Series C funding round, which was led by Valor Equity Partners with participation from Felicis Ventures, Greyhound Capital, and Coalition’s existing investors. Founded in 2017, Coalition states… Read More

May 19, 2020 @ 1:03 pm By Samantha Hurst  |  

U.S. insurtech Haven Life announced on Tuesday it is rolling out a new 100% no medical exam product that can be sold directly through partners. Haven Life reported that banks, advisors, insurance brokers, etc. may now offer the product, Haven Term Simplified, to clients who… Read More

May 14, 2020 @ 4:51 pm By Samantha Hurst  |  

Zego, a UK-based insurtech, announced on Thursday it has expanded its partnership with insurer RSA to provide flexible insurance for van fleets. The company reported that with the partnership it is able to offer usage-based policies to delivery, courier, and trade van fleets for 20-200… Read More

May 5, 2020 @ 12:44 pm By Samantha Hurst  |  

Getsafe, a Germany-based insurtech startup, is reportedly delaying expansion into other European markets due to the COVID-19 pandemic. This news comes just a few months after Getsafe announced its expansion into the UK. As previously reported, Getsafe claims it is looking to reinvent insurtech and is… Read More

May 4, 2020 @ 9:26 am By Samantha Hurst  |  

  Branch, a U.S.-based insurtech startup, announced on Monday it has launched in Texas. The launch notably marks the company’s fifth expansion since launching in August 2019. As previously reported, Branch “taps” into the power of community to make insurance accessible and affordable for everyone,… Read More

May 3, 2020 @ 11:52 pm By Samantha Hurst  |  

QOALA, an Indonesia-based insurtech, announced earlier this week it secured $13.5 million through its Series A funding round, which was led by Centauri Fund with participation from  MDI Ventures, Sequoia India, Flourish Ventures, Mirae Asset Daewoo’s Mirae Asset Venture Capital and PT Mirae Asset Sekuritas Indonesia. Founded in… Read More

May 3, 2020 @ 11:33 pm By Samantha Hurst  |  

OneDegree, a Hong Kong-based insurtech, recently announced its medical pet insurance. This launch comes just after the company received its virtual insurance license. Founded in 2016, OneDegree claims to be it is part of a new generation of insurers that are reimagining the industry with… Read More

April 30, 2020 @ 9:39 am By Samantha Hurst  |  

Covered by SAGE, a modern, tech-enabled Property and Casualty (P&C) insurance brokerage, announced this week it secured $6 million through its latest seed funding round, which was led by NFX with participation from Tectonic Capital and Treasury, the fintech platform launched by Acorns and Betterment Co-Founders…. Read More