Verisk and Vexcel to support insurers’ Hurricane Ian response time
Verisk, a global data analytics provider, has partnered with Vexcel Data Program, the world’s largest aerial imagery programme, to help insurers accelerate their response to the widespread property damage caused by Hurricane Ian.
Digital insurer Lemonade launches in the UK
Lemonade, the digital insurance company that leverages AI technology, has launched in the UK.
Blockhain reinsurer Re raises $14m
Re, a blockchain-powered reinsurer, has raised $14m in seed funding to build a decentralised global reinsurance market.
Root Insurance partners with Tractable to boost claims operations
Root Insurance, a public US-based InsurTech company, has teamed up with InsurTech100 company Tractable to bolster its claims operations.
Swiss Re and Verily bolster partnership
Provider of reinsurance and insurance Swiss Re has expanded its partnership with Verily, which uses technology to better understand health.
Hurricane Ian may bankrupt insurers and cost billions
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, has revealed that estimated losses from Hurricane Ian will total between $28bn in $47bn, warning some insurers will go bankrupt.
XP Health bags $17.1m for vision coverage
XP Health, a company creating a digital-first platform looking to transform vision benefits for insurance carriers and companies, has raised $17.1m in Series A funding.
How insurers can take advantage of embedded insurance
In an era where more consumers than ever are searching for personalised experiences, the rise of embedded insurance seems inevitable.
hyperexponential deploys pricing platform into Canopius
hyperexponential (hx), a SaaS pricing platform for insurers, has partnered with Canopius, a global specialty (re)insurer.
Evident lands Series C for insurance verification
Evident, a provider of automated third-party insurance verification and credentialing services for enterprises, has raised $14m in Series C funding.
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