AXA Hong Kong and Macau have announced a partnership with Chung Shing Taxi and TaxiSafely to launch Hong Kong’s very first Internet of Vehicles (IoV) project
Financial services company OneFamily will acquire the life insurance brand Beagle Street, which specialises in reaching underserved customer demographics
American venture capital group Warburg Pincus is investing US$350mn to create a new digital insurance platform for Southeast Asia, called Oona Insurance
US insurtech LuckyTruck has raised US$2.4mn in a seed extension as it continues to overhaul the face of insurance for the trucking industry
Vortex Weather Insurance has launched its Weather Insurance Portal, a new fully automated digital insurance platform aimed at the outdoor events industry
Commercial motor insurer Zego is automating its fraud detection in response to significant recent growth. The company has recently featured in the FT 1000 list
Vesttoo, the digital insurance risk transfer and investment platform, has closed its $80m Series C financing round, which it says has raised the valuation of the company to $1bn
Insuritas provided an update on Lily, its virtual digital insurance assistant that the company has spent the past year developing and embedding across its communication
Dais, the provider of no-code insurance product solutions, and Perr&Knight have teamed up to streamline speed to market for insurance products
Relay allows clients to intake, submit and compare quotes digitally. The quotes are then presented in Rely’s Smart Client Proposal
Digital-first life insurance platform Amplify has announced a new investment round led by Munich Re Ventures with follow-on investment by Crosslink Capital, Greycroft
Allianz X, the digital investment arm of insurance giant Allianz, is to acquire embedded insurance pioneer Simplesurance
Insurtech Lemonade has launched services for customers in the UK. The New York-based start-up which is powered by AI and social impact is now available for UK customers
Hong Kong-based insurtech YAS Microinsurance has secured US$4.5mn in pre-Series A funding led by VC firms Noria Capital, ZEMU VC and JKL Capital
The personal lines insurance broker, Got You Covered Ltd, has announced that Lisa Powis will join the Executive Management Team in an advisory role as Non-Executive Director
Munich Re has announced a deal for Apinity, a German insurtech startup that supplies API solutions in the form of software-as-a-service (SaaS) to the insurance industry
Swiss Re has expanded its partnership with Verily by exchanging an investment in Granular Insurance Company for an equity stake in Verily.
California-based US home insurtech Bamboo that offers a range of homeowners, car and personal insurance, has raised $15mn in a Series A funding round
PlanetWatchers, an insurtech that uses radar and machine learning to provide insights to insurers about changes to a crop, has raised US$11mn in funding of its Series A
FintechOS has partnered with UK insurance leader, Admiral, to power its new, digital pet insurance product. FintechOS is a leader in high-productivity fintech infrastructure
Insurtech Wefox is calling on the insurance industry to improve customer experience and trust in the industry. The insuretech surveyed more than 12,850 consumers
Fannie Mae has announced the transfer of $700m of mortgage credit risk to private re/insurers through its Credit Insurance Risk Transfer (CIRT) 2022 program
Safe deployment of autonomous vehicle technology could revolutionise the mobility space, though the insurance industry might not be equipped with the right knowledge
Avanta Ventures announced a $225 million early-stage Fund II, bringing its assets under management to over $300 million.
Google Cloud and Travelers announced they are working together to create a cloud-based data ecosystem that will quickly synthesize vast amounts of information
The New Delhi-based auto-insurtech Zopper raises US$75mn in capital in latest Series C funding drive. Investment round will boost startup’s plans to launch international rollout
The UK insurtech startup ARMD has won a place on the latest Lloyds Lab accelerator programme. The innovation lab, which offered a place to nine insurtech startup
Fintech startup Inclined has announced it has raised $15m in a Series A funding round. HSCM Ventures led the round, with participation from Anthemis Group
UK insurtech startup Urban Jungle has become the first insurtech to offer Car and Home multiline insurance cover
Cyber insurance provider At-Bay is to acquire Relay, a Toronto-based technology solutions provider, which has built a dynamic digital placement solution
