Tagged: insurtech

January 23, 2018 @ 9:15 am By Samantha Hurst  |  

InMyBag, a London-based specialist tech insurer, is now seeking £500,000 through its equity crowdfunding campaign on Seedrs. Founded in 2016, InMyBag is described as the “savior” of mobile professionals because it protects devices and data from loss, theft, and damage through its insurance plans. “InMyBag offers insurance… Read More

January 22, 2018 @ 9:27 am By Samantha Hurst  |  

Hippo, the California-based insurtech company that is transforming home insurance for savvy homeowners, announced on Monday it secured $25 million in Series B funding round, which was led by Comcast Ventures and Fifth Wall. The investment comes less than two weeks after Hippo announced it formed a strategic partnership with… Read More

January 19, 2018 @ 12:00 pm By Samantha Hurst  |  

InsuredMine, a Texas-based insurtech startup that focused on providing consumer-focused tools for insurance management, announced on Thursday the launch of its new insurance management app for both iOS and Android users. Founded in 2017, InsuredMine describes itself as a cloud-based insurance dashboard that stores all… Read More

January 18, 2018 @ 2:00 pm By Samantha Hurst  |  

Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property and Casualty (P&C) insurers, announced on Thursday it has teamed up with global startup program and venture fund Plug and Play to advance P&C insurance innovation and collaboration.Guidewire notably joins Plug and Play’s platform as… Read More

January 12, 2018 @ 9:48 pm By Samantha Hurst  |  

Digital Fineprint, a London-based insurtech startup that notably harnesses social media to supercharge insurers online propositions, announced this week it secured $2.7 million during its latest funding round, which was led by Pentech Ventures with participation from existing and new investors, including Force Over Mass, and… Read More

January 11, 2018 @ 8:56 am By Samantha Hurst  |  

On Wednesday, California-based insurtech company Hippo announced it has formed a strategic partnership with Spinnaker INsurance Company. The company revealed that through the new collaboration, it will expand to new states and bring its smart home coverage to over 60% of the U.S. population by… Read More

January 8, 2018 @ 9:25 am By Samantha Hurst  |  

On Monday, global insurance company MetLife announced the launch of its two insurtech investment programs, MetLife Digital Ventures, and MetLife Digital Accelerator powered by Techstars. The company reported that both programs will be led by MetLife’s Chief Digital Office. According to MetLife, MetLife Digital Venture… Read More

January 5, 2018 @ 12:00 pm By Samantha Hurst  |  

Artificial intelligence (AI) and data science company, CLARA Analytics, announced on Thursday it raised $11.5 million Series A funding round led by OAK HC/FT for its AI insurtech claim solutions. Founded in 2016, CLARA Analytics states it builds easy-to-use, AI/machine-learning based products. The company revealed: “Today, solutions… Read More

January 5, 2018 @ 11:00 am By Samantha Hurst  |  

Dinghy, a UK-based insurtech platform specifically for freelancers, has secured $1.2 million during its seed funding round led by Balderton Capital. Founded in 2017 by co-founders Ben Wilks, Robert Hartley, and Edward Woodcock, Dinghy offers fast, 24/7 claim handling along with fair, and flexible insurance service… Read More

January 4, 2018 @ 7:52 am By Samantha Hurst  |  

On Wednesday, global consulting and actuarial firm Milliman announced it has launched its new cloud-based insurtech solutions process, Arius Enterprise. According to the company,  Arius Enterprise is part of its Arius family of solutions and relies on the Arius software to provide the analysis and… Read More

January 3, 2018 @ 4:27 pm By Samantha Hurst  |  

Urban Jungle, a London-based insurtech startup that seeks to revamp insurance for young people, announced on Wednesday it raised £1 million during its Seed funding round, which was led by former CEO of Prudential UK and HBOS insurance, Rob Devey with participation from angel investors… Read More

December 29, 2017 @ 1:19 pm By Samantha Hurst  |  

This week, insurance company Root Insurance announced it is now able to offer its services to drivers in Mississippi. The company stated: “That’s right Mississippi, we’ve arrived, and we’re here to save you from paying too much for car insurance. Because if you’re a good… Read More

December 22, 2017 @ 1:35 pm By Samantha Hurst  |  

Allianz X, the digital investment unit of the Allianz Group, announced this week it has invested $96.6 million investment in BIMA, a digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia, and Latin America. Allianz reported it has become BIMA’s sole insurance shareholder and… Read More

December 21, 2017 @ 10:00 am By Samantha Hurst  |  

TechAssure, the international nonprofit association of insurance and risk management experts for technology-related risks, announced earlier this month it has formed a new partnership with insurtech company Indio. The organization revealed that its members will gain access to Indio’s software, which is designed to improve the client… Read More

November 22, 2017 @ 3:17 pm By Samantha Hurst  |  

Synechron, a global financial services consulting and technology services provider, recently announced it has launched a new accelerator program that’s specifically for insurtech solutions. This news comes less than six months after the company opened its New York City office and fintech lab, also known as Financial… Read More

November 3, 2017 @ 12:44 pm By Samantha Hurst  |  

Specialist provider of P2P and marketplace lending products and services, Goji, announced on Friday it has appointed Peter Breitstone as its new CEO. According to the company, Breitstone has over 20 years of senior executive leadership experience at several global insurance companies, including Insureon, Zurich, and Aon…. Read More

October 28, 2017 @ 10:00 am By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Seedrs, UK-based insurtech Wrisk has successfully secured its initial £500,000 funding target from more than 300 investors. As previously reported, Wrisk wants to shake up the antiquated insurance industry with their smartphone app that makes purchasing insurance and filing… Read More

October 17, 2017 @ 3:25 pm By Samantha Hurst  |  

Covera Technologies Inc., a Canadian-based insurtech start-up that uses technology to find its customers optimal insurance rates every year, has raised $1 million through its seed financing round led by Ferst Capital Partners with participation from fintech angel investors. The latest funding round follows the company’s $500,000… Read More

October 12, 2017 @ 3:39 pm By Samantha Hurst  |  

Car insurance company Root Insurance announced on Thursday it is expanding its services to drivers in Illinois, Utah, Oklahoma, and Indiana. Founded in 2015, the Ohio-based insurtech company claims to be the first insurance firm that was founded on the “principle of fundamental fairness.” It has… Read More

October 6, 2017 @ 12:15 pm By Samantha Hurst  |  

On-demand insurance platform Slice Labs, Inc. announced on Thursday it has secured $11.6 million through its Series A investment round, which was led by XL Innovate with participation from Horizons Ventures, Munich Re/HSB Ventures, SOMPO, Plug and Play, and Tusk Ventures. Launched in 2016, Slice… Read More