Route joins unicorn club in third year of operation
Route, the post-purchase experience platform and delivery insurance provider, has closed a $200m Series B round, propelling the company to a $1.25bn valuation.
InsurTech Pie launches pay-as-you-go billing solution
Pie, a tech-enabled provider of worker compensation insurance to small businesses, has launched a pay-as-you-go billion solution.
Sayata extends Series A for business insurance
Insurance broker marketplace Sayata has raised an additional $35m to the previous $17m raised just five months ago in its Series A round.
Merck awarded $1.4bn claim over 2017 NotPetya cyberattack
Merck has been awarded $1.4bn from Ace American Insurance after a court cause was ruled in its favour regarding the NotPetya malware outbreak from 2017.
How insurers can leverage advanced analytics and transparent ML to reform their pricing process
A whitepaper by InsurTech firm Akur8 has outlined how a range of recent developments in the market are leading to calls for more competitive and accurate pricing.
HawkSoft and vipHomeLink partner for enhanced homeowner protection
Oregon-based insurance technology developer HawkSoft, and vipHomeLink, a leading InsurTech company focused on innovative digital home management solutions, have partnered to offer proactive home maintenance and protections to homeowners.
Topa Insurance Company partners with Exavalu for digital claims capability
Exavalu, a global digital solutions and IT consulting company, has partnered with Topa Insurance Company to enable digital claims payment capabilities for the insurer.
Duck Creek and Hi Marley to offer hassle-free claims communication
Duck Creek Technologies has entered into a strategic partnership with Hi Marley, a purpose-built, intelligent communications platform improving carrier and policyholder communications.
InsurTech Luko expands European grasp with Coya acquisition
France-based InsurTech Luko is to acquire German startup Coya for an undisclosed amount to grow its European presence and get an insurance license from German regulators, a report by TechCrunch has revealed.
Five Sigma extends Series A for claims management
Five Sigma, a cloud-native claims management solution provider, has extended its Series A round from Aquiline Technology Growth (ATG), bringing the company's total funding to date to over $20m.
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