Insurtech Hippo Insurance placed of reinsurance program’ 2023
Insurtech Hippo Insurance has placed of its reinsurance program for the 2023 year, which includes a 32% rise in per-occurrence excess of loss (XoL) limit
InsurTech News
Insurtech Joyn secured a $17.7 mn Series A funding led by OMERS Ventures
Insurtech Joyn Insurance has announced it exceeded its target with a $17.7 mn Series A funding round led by OMERS Ventures, with participation from SiriusPoint
InsurTech MGA Loadsure received capacity from insurer Tokio Marine Kiln
InsurTech MGA Loadsure has received capacity baking from leading specialist international insurer Tokio Marine Kiln to further enhance
Battleface rolles a new API-driven insurtech platform Robin Assist
Insurtech Battleface has rolled out a new tech-driven platform as a service to support insurance carriers, brokers, managing general agents (MGAs)
Insurtech Cowbell released Modeling Catastrophic Cyber Events
Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), has released a new whitepaper, “Modeling Catastrophic Cyber Events”
Insurtech XILO raises $6 mn in seed round led by ValueStream Ventures
San Diego insurtech startup XILO offering workflow software for insurance agents and others in the insurance space, capped off 2022 by increasing its seed round
Philly-based insurtech Propeller Bonds raises $6.4 mn in seed funding
Philly-based insurtech, Propeller, has raised $6.4 mn in seed funding led by a consortium of industry partners
How Bolttech, SingLife & ZhongAn revolutionising insurance industry in Asia
The InsurTech industry in Asia is still relatively smaller as compared to the western world of Europe and North America
Insurtech bolttech and Thailand’s mobile operator AIS delivers embedded insurance
Insurtech bolttech and Thailand’s mobile network operator AIS have partnered to deliver embedded protection services including mobile device switch
Insurtech Lumera acquires of a supplier for Dutch pension funds AxyWare
Stockholm-based startup Lumera has acquired AxyWare, a renowned system supplier for Dutch pension funds. Lumera delivers unified policy administration environments
Ondo InsurTech won a new contract with insurer Topdanmark
Ondo InsurTech has won a new contract with insurer Topdanmark, to expand its roll-out to 20,000 new customers in Denmark
Insurers benefit from interest rate hike in 2024
Insurance companies will have the chance to earn higher profits in 2023 thanks to a continual interest rate hike trend
Insurtech Cover Genius partners with HomeToGo to provide embedded protection for rentals
Cover Genius, insurtech for embedded protection, today announced it is partnering with HomeToGo, the marketplace with the world’s largest selection of vacation rentals
Insurtech Superscript completed of £45 mn Series B funding
London-based insurtech Superscript has announced the completion of its £45 million Series B funding round led by existing investor BHL UK
Insurtech Root launches investigation into $9.5 mn of marketing services transactions
In an SEC filing, insurtech Root Insurance has shared that it has engaged outside counsel to conduct an internal investigation with respect to a series transactions
Insurtech Alicia raises €7 mn in seed funding from Volta Ventures
Alicia Insurance, a Rotterdam-based insurance startup with an embedded insurance for freelancers proposition, has raised €7 million in seed funding from Volta Ventures
MetLife with EasyCancha introduces accident insurance coverage
MetLife has partnered with easycancha to introduce an on-demand accident insurance coverage in Chile
Singlife with Aviva launches of accelerator program to insurtech startups
Financial services company Singlife with Aviva launches of Singlife Connect, its accelerator program to support and spur the growth of promising insurtech startups
Insurtech Modern Life launches new technology End-to-end life insurance platform
Modern Life Insurance Group, the technology-enabled life insurance brokerage for advisors, has announced the launch of its latest technology platform
Insurtech Compass Network partnered with PremFina to provide insurance payment
The independent broker network insurtech, Compass Network has announced its partnership with PremFina – a premium finance provider fintech
Global digital twin financial & insurance services will grow to $6.8 bn in 2026
The global digital twin financial and insurance market services is expected to grow from $2.95 billion in 2021 to $3.57 billion in 2022 at a compound annual growth rate
UK insurtech Charles Taylor announces migration to cloud
UK insurtech Charles Taylor has announced the migration of all its technology processes to a cloud platform as part of the provider’s digital transformation journey
Insurtech Lemonade’s Survey explored the point of view of insured renters in U.S.
When people left big cities during the COVID-19 pandemic, COVID deals ran the residential rental market, according to an update from Insurtech Lemonde
Data analytics provider Verisk acquires Swedish SaaS-insurtech Mavera
Verisk, a global data analytics provider, has entered into an agreement to acquire Sweden-based InsurTech Mavera, a firm with a strong regional presence
Indian fintech Paytm launches insurance protect to mobile transactions with ERGO
Indian One97 Communications, that owns the brand Paytm, has launched “Paytm Payment Protect”, a group insurance plan, in association with HDFC ERGO
CarDekho focuses on its insurtech platform InsuranceDekho and planning IPO
CarDekho, run by Girnar Software Pvt., is sharpening focus on its insurance platform InsuranceDekho even as it scales down its asset-heavy used car marketplace
Insurtech Bolttech selects Sapiens Intelligence for complete P&C transformation
Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced the deployment of its cloud-first P&C core platform
Digital experiences of P&C insurance customers throughout the claims process
The ongoing digital transformation of the property and casualty (P&C) insurance industry has hit some speedbumps when it comes to customer satisfaction
Insurtech NEXT Insurance launches employment liability insurance for Restaurants
NEXT Insurance, a digital insurtech transforming small business insurance, today announced its renewed commitment to small business restaurant owners
SaaS-insurtech Vertical Insure closes a $4 mn seed round
SaaS-insurtech Vertical Insure has closed a $4 million seed round co-led by Rally Ventures and Dundee VC
Fitch survey shows European insurers turning to private credit for illiquidity premiums, diversification, and ESG goals, as market grows to $2.7tn by 2029
Insurance stocks fell in Q3 while the S&P 500 gained nearly 7%. P&C names lagged, with analysts calling the quarter underwhelming after 2024’s strong run
Global infrastructure faces a $11.5tn gap by 2035, driven by energy transition, AI demand, and urban growth, requiring $4.2tn yearly investment
The first notice of loss (FNOL) is the starting point for every insurance claim. It sets the tone for the entire claims cycle. And for years, this process has been manual