Openly selects Majesco’s software solution to provide a modern insurance experience to customers
Openly, a premium homeowners insurance carrier that affirms the agent distribution channel, has selected Majesco Billing for P&C on Majesco CloudInsurer in order to provide increased flexibility, greater service and modern insurance experience to its customers.
InsurTech Hippo goes public via SPAC merger to fuel growth of its home insurance...
US InsurTech focused on the home insurance market Hippo has become a publicly-traded company following its merger with special purpose acquisition company (SPAC) Reinvent Technology Partners Z.
Direct Line’s CTO reveals the evolution of insurance
The InsurTech industry might evolve to become more personalised to the individual consumer post-pandemic, according to Direct Line CTO Sarah Greasley.
MotoRefi extends Series B with extra $5m capital raise
Auto refinancing company MotoRefi has raised an additional $5m in its extended Series B funding round.
AXA unveils new digital claims offering for motor insurance customers
Insurance giant AXA has introduced STeP, a new digital claims solution to help customers simplify their motor insurance process.
Chubb buys InsurTech to improve flood risk monitoring
Property and casualty insurer Chubb has acquired StreamLabs to improve its waterflow monitoring and claims capabilities.
AI-driven South African InsurTech Naked draws in $11m to further digitalise the market
Naspers, through its early-stage tech investment vehicle Naspers Foundry, led a $8.3m investment in Naked, an InsurTech company that offers a digital way for consumers to insure their cars, homes, and valuables.
Amplify closes its seed round to support its mission of driving wealth via insurance
Amplify Life Insurance, a provider of permanent life insurance, has collected $2.5m in its seed round.
Flood insurance firm reThought Insurance bags Series A funding
reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.
Softbank, Temasek-backed InsurTech Policybazaar files for mega $800m IPO, aims at $5bn valuation
Online insurance platform Policybazaar has filed a draft red herring prospectus with the Securities Exchange Board of India (Sebi) to raise $809m via an initial public offering (IPO), becoming the fourth startup in the past two months from the South Asian market to explore public markets.
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