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Banking Tech, 04/25/19
SoFi goes insurtech with Lemonade and Root
Until this month, SoFi’s insurance offering was limited to life insurance.
Insurance Journal, 04/25/19
Insurtech, Cover, Now Selling Its Own Auto Policies in Texas
Cover, a mobile-first insurance brokerage, has begun selling its own auto insurance policies in Texas. The new service — an evolution from the comp...
Business Insurance , 04/25/19
Marsh to offer proof of insurance blockchain platform
Marsh LLC said Thursday it will begin rollout of its proof of insurance blockchain platform to U.S. commercial clients.
Madrid-based Bdeo raises €1 million for its video-based insurtech solution
According to a PwC study, 85% of insurance company CEOs don’t believe they have the technological capabilities necessary to take on digital transfo...
Digital Insurance, 04/24/19
3 ways insurers can better target innovation
Once a company knows what’s coming their way, and understands their value chain, they make fewer mistakes and take better-informed risks.
Intelligent Insurer, 04/24/19
MarketScout invests in cyber insurtech start-up Wingman
MarketScout, the electronic insurance exchange and specialty managing general agent (MGA) in the US, has invested in cyber insurtech platform Wingman.
The Edge Markets , 04/23/19
Insurtech: Automating insurance claims with blockchain
Many insurance players and start-ups around the world are experimenting with blockchain to improve their processes. One emerging area of focus is u...
Insurtech Zensurance Expands To Newfoundland And Labrador
Online business insurance platform Zensurance Inc., has announced that it is now licensed to operate in New Brunswick, PEI, and Newfoundland and La...
Reinsurance News, 04/18/19
InsurTech Amenity closes $18m Series B led by STARR Companies
Amenity Analytics, a software company developing solutions using natural language processing (NLP) and machine learning, has secured $18 million in a
Verdict , 04/18/19
Insurtech Unqork raises $22m to spur business growth
Unqork has secured $22m capital in a new Series A funding round led by Goldman Sachs Principal Strategic Investments (PSI).
Compelo , 04/18/19
AI-powered insurtech Cytora secures £25m in Series B funding
Insurtech Cytora has secured £25m in Series B funding round, led by EQT Ventures and Parkwalk, Cambridge Innovation Capital and other investors.
Reinsurance News, 04/17/19
InsurTech startup Cytora secures £25m in funding, eyes international expansion
London-based InsurTech startup Cytora has secured £25 million in a Series B funding round led by Swedish venture capital firm EQT Ventures. Cytora,...
Banker & Tradesman , 04/17/19
Insurtech Firm Expanding in Boston
A tech company that specializes in communications software for the insurance industry has signed a full-floor lease in Boston’s Financial District.
Business Wire, 04/15/19
AM BestTV at Philly I-Day: Insurers Fear Missing Out on Insurtech
In this episode of AM BestTV from the Insurance Society of Philadelphia's annual Philly I-Day conference, industry leaders discuss the fear of missing
Business Insider, 04/15/19
AI insurtech Lemonade nabs a $300 million investment
US-based insurtech startup Lemonade has raised $300 million in a Series D funding round led by SoftBank Group.
Intelligent Insurer, 04/15/19
Insurtech start-up Insurdata raises $3m in seed funding
Insurdata, an insurtech firm which intelligently creates, enhances, scores and transfers high resolution, peril-specific exposure and risk data, ha...
Intelligent Insurer, 04/12/19
Google's AI venture fund leads $3.85m investment in insurtech start-up Flyreel
US-based insurtech start-up Flyreel, a provider of artificial intelligence-powered underwriting solution for commercial and residential insurers, h...
PR Newswire, 04/11/19
Gradient Ventures Leads $3.85M Investment in Insurtech Flyreel
DENVER, April 11, 2019 /PRNewswire/ -- Flyreel, the most advanced Artificial Intelligence (AI) solution for property insurance, announced today tha...
Financial Times, 04/11/19
Insurtech start-up Lemonade raises $300m
Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business,...
Tech Round , 04/11/19
Insurtech Zego and WeFlex partner for data-driven insurance
London-based insurtech Zego recently partnered with WeFlex, providing WeFlex’s 700-strong fleet with a first-of-its-kind insurance policy.
Business Insurance , 04/10/19
Zurich, insurtech firm partner in online platform for SME insurance
Zurich Insurance Group and CoverWallet Inc. have launched an online platform for small and medium-enterprise insurance in Switzerland, the compan...
Digital Insurance, 04/04/19
How insurtech is helping respond to climate risk
Ruth Foxe Blader, managing director with venture-capital company Anthemis, is responsible for identifying insurtechs that are helping carriers mini...
Insurance Journal, 04/04/19
How Insurtech Will Revolutionize Inland Marine by Cutting Costs
Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place,
Reinsurance News, 04/04/19
IA Capital Group raises $150mn for insurtech-focused venture capital
IA Capital Group, an insurtech-focused venture capital firm, has announced that it has raised $150 million across three funds, representing its sixth,
IA Capital Raises $150M for Three Insurtech-Focused Venture Capital Funds
IA Capital Group, a New York City-based insurtech-focused venture capital firm, raised $150m across three funds to invest in Series A, B, and C rounds
This Year's Crop Of FinTech Innovation Lab Startups Focused On AI, Insurtech, Compliance
The FinTech Innovation Lab named eleven startups that will participate in the 2019 12-week program that brings emerging tech companies together wit...
Verdict , 04/02/19
UK millennial insurtech Kinsu says farewell
Based in the UK and aimed at the millennial, insurtech Kinsu will shut its doors by the end of April 2019 with its app already discontinued.
Compelo , 04/02/19
ThingCo insurtech launches new connected car device to disrupt car insurance market
Insurtech start-up ThingCo, led by Mike Brockman, aims to disrupt the car insurance industry by giving drivers control of their own data
Crowdfund Insider, 04/02/19
Cyber Risk Insurtech Sayata Labs Raises $6.5 Million Through Seed Funding Round Led By Elron
Sayata Labs, an Israel startup that is developing an AI software-as-a-service (SaaS) solution that empowers insurance brokers to assess businesses’...
Banking Tech, 04/01/19
Millennial insurtech Kinsu shuts down
The app provided insurance for laptops, bikes and other home contents.
Synechron Announces Partnership with Insurtech UK to Promote Innovation in the UK Insurance Sector
Synechron Inc. has announced a strategic partnership with Insurtech UK, in an effort to help promote the need for innovation within the UK insuranc...
Intelligent Insurer, 03/28/19
Munich Re, XL Catlin-backed insurtech Slice launches new AI-powered tool to predict risk
US-based insurtech platform Slice Labs has launched a new business unit, called Slice Mind, that combines artificial intelligence (AI), machine lea...
Insurance Age , 03/28/19
InsurTech Futures: SPB UK acquires Loyal Insurance and Square Pound
The affinity speciality has bought both the firms which include the Insurance2Go and Better Buy Insurance brands.
Insurance Business Magazine , 03/27/19
Canadian insurtech Finaeo raises $5.35 million in latest funding round
Tech company develops front-end software platforms for insurance advisors
Private Capital Journal , 03/26/19
Finaeo secures $5.35M financing led by Luge Capital
Finaeo secured $5.35M new funding from Luge Capital, RGAX/RGA, Rising Tide Fund, iNovia Capital, Impression Ventures, iGan Partners, private investors
Insurance Age , 03/26/19
InsurTech Futures: Broker Insights becomes associate member of Biba
The two firms hope the Broker Insights platform will help Biba's regional broker members to become more visible to insurers.
Insurance Times, 03/26/19
Aviva signs five-year capacity deal with insurtech
Phil Bayles said it is important to find different ways of working within the industry and that insurtech complimented Aviva's approach
Asian Insurance Review , 03/25/19
InsurTech springs up in emerging markets across the region
InsurTech is catching up in emerging markets in Asia, where a string of InsurTech start-ups have cropped up in countries ranging from Pakistan and ...
Intelligent Insurer, 03/21/19
Insurtech firm Betterview hires Dan Shoham as chief science officer
Betterview, the insurtech platform provider for property transactions, has appointed Dan Shoham as its new chief science officer.
Intelligent Insurer, 03/20/19
Arch Insurance invests in UK insurtech MGA Archipelago Risk Services
Arch Insurance International has invested in Archipelago Risk Services (Archipelago), a personal lines managing general agency backed with underwri...
New blood for Hartford InsurTech Hub
Multinational professional services and business consulting corporation Capgemini announced on 18 March that it had joined the Hartford InsurTech Hub.
Crowdfund Insider, 03/20/19
Insurtech BriteCo Raises $2 Million Seed Round, Targets Fine Jewelry Market
Insurtech BriteCo has announced a $2 million seed round led by Brian Spaly, the founder of Trunk Club, and Jeff Taylor, the former chairman and CEO...
Post Online, 03/20/19
Insurtech saw ‘possible’ data breach earlier this year
Exclusive: Insurtech So-sure alerted its customers to a possible data breach in January.