Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), announced today that it has closed a $60 million Series C equity investment from Zurich Insurance Group (Zurich), a leading global multi-line insurer. With the $60 million investment, Cowbell plans to “scale operations… Read More
Read more in: Insurtech | Tagged cowbell, insurance, sme's, zurich insurance group
Zurich Insurance Group has announced the launch of its first European Long-Term Investment Fund (ELTIF 2.01), aimed at providing individual investors and life insurance customers with access to opportunities in the asset class of private debt, “traditionally only available to professional investors.” The Fund is… Read More
Read more in: Fintech, Global, Investment Platforms and Marketplaces | Tagged asset management, europe, pemberton, zurich insurance group
Zurich Insurance Group (Zurich) has launched Zurich eXchange, a newly created global API marketplace that “brings together the best services from across the Zurich Group, enabling faster integration and more efficient collaboration throughout the company and with customers and partners.” The move “marks the next… Read More
Read more in: Global, Insurtech | Tagged apis, digital transformation, ericson chan, zurich, zurich insurance group
Zurich Insurance Group recently entered an international partnership with Toronto-headquartered Insurtech firm BOXX Insurance (BOXX), which offers integrated cybersecurity and insurance services to SMEs, individual consumers and families. As noted by its management, BOXX Insurance Inc. is a new type of insurance firm for “a… Read More
Read more in: General News, Canada, Global, Insurtech | Tagged boxx, cyber risk, cybersecurity, insurance, insurance technology, insurtech, lloyds of london, small businesses, smbs, sme's, zurich insurance group
Zurich Insurance Group (VTX:ZURN), one of the largest global insurance companies, and CoverWallet, the tech company that is the easiest way to understand, buy, and manage business insurance online, announced earlier this week they have teamed up to launch an online platform for SME insurance in… Read More
Read more in: Insurtech | Tagged coverwallet, insurance, partnerships, SME, switzerland, zurich insurance group
Zurich Insurance Group announced on Thursday it has named Zesty.ai the winner of its global insurtech competition, Zurich Innovation World Championship. According to Zurich, Zesty.ai was selected for its work using artificial intelligence to revolutionize risk underwriting and customer experience for Property and Casualty insurance…. Read More
Read more in: Insurtech | Tagged insurance technology, insurtech, zesty.ai, zurich insurance group
On Thursday, insurtech startup CoverWallet announced that global insurance company Zurich Insurance Group (VTX: ZURN) has acquired a minority stake in the company. According to CoverWallet, the investment builds on a commercial partnership between CoverWallet and Zurich in Europe that was announced in February. CoverWallet also… Read More
Read more in: Insurtech | Tagged acquisition, coverwallet, financing, insurtech, zurich insurance group
The World Economic Forum announced the creation of a new consortium to strengthen cybersecurity for fintech companies and data aggregators. The consortium’s founding members include global bank Citigroup, insurance company Zurich Insurance Group, fintech lender Kabbage, infotech company Hewlett Packard Enterprise (HPE), and financial infrastructure… Read More
Read more in: Fintech, Blockchain & Digital Assets, General News, Global, Investment Platforms and Marketplaces, Politics, Legal & Regulation | Tagged citigroup, cybersecurity, dtcc, hpe, kabbage, matthew blake, rob frohwein, world economic forum, zurich insurance group
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