Flipkart to cover entire premium towards Covid-19 insurance for its sellers
Walmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and providing them with insurance coverage as it seeks to support MSMEs through the ongoing Covid-19-induced challenges in India.
Snapsheet forms strategic partnership with reinsurance firm SCOR
Digital claims management software developer Snapsheet has established a strategic partnership with tier one reinsurance firm SCOR.
AI chatbot developer Ada joins the unicorn club after Series C close
Automated customer experience software developer Ada has netted $130m in its Series C round, which puts its valuation at $1.2bn.
UNest teams up with Haven Life to offer rewards to customers
UNest, an investment platform aimed at parents, has formed a partnership with customer-centric life insurance agency Haven Life,
AI-driven fraud protection company for InsurTechs Shift Technology earns the horn after $220m round
SaaS provider of AI-driven decision automation and optimisation solutions for the insurance industry Shift Technology closed a $220m fundraising bringing its valuation to over $1bn.
Andreessen Horowitz leads Headway’s $70m Series B to help therapists accept insurance
Mental health startup Headway banked $70m in Series B funding led by Andreessen Horowitz in a bid to make mental healthcare more accessible and affordable.
InsurTech Sprout.ai lands £8m to speed up insurance claims process
London-based AI-driven InsurTech Sprout.ai bagged £8m in Series A funding led by Octopus Ventures.
Relay Platform said to close $5.2m in seed funding
Relay Platform, which helps brokers and underwriters place insurance and reinsurance quicker, has reportedly collected $5.2m in seed funding.
Majesco adds five to its L&A team
Cloud insurance software developer Majesco has expanded its life and annuity (L&A) business with five new leadership hires.
Kenyan InsurTech Lami secures $1.8m to scale its API platform across Africa
Nairobi-based InsurTech Lami Technologies secured $1.8m in a seed funding round led by Accion Venture Lab.
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