InsurTech solution Socotra scores $15.2m in its Series B
Socotra, a cloud-native platform insurance companies can use to build new products, has scored $15.2m in its Series B round.
Magna Finance picks insurance-focused payment provider Input 1’s services
Input 1 is a digital billing and payments provider to the insurance industry. Now it has been picked by Magna Finance to provide its digital cloud platform for its insurance premium finance business.
Digit Insurance said to raise $84m from growth investors
Online insurance platform Digit Insurance has reportedly bagged $84m in an investment round from growth investors.
CoreLogic acquires property analytics company Location
CoreLogic, a property information company, has acquired geographic data analytics solution Location.
EMC Insurance to improve fraud detection with FRISS
US property and casualty insurer EMC Insurance Companies has chosen FRISS to help it detect insurance fraud.
Barclays boosts SME offering through new partnership with invoice insurance platform Nimbla
Single invoice insurer Nimbla has signed a deal with UK high street bank Barclays to provide its SME customers with the option to take out insurance against individual invoices for as little as £6.
battleface closes seed round as it eyes global expansion
Battleface, a digital travel insurance company, has closed a seed investment from Fintech Ventures Fund to help expand its global reach.
Sedgwick acquires SaaS developer to boost insurance restoration contracting services
Sedgwick, a technology-enabled risk, benefits and integrated business solutions, has acquired SaaS solution developer G&E Enterprises for an undisclosed amount.
FRISS to boost fraud protection capabilities at Snapsheet
FRISS, a fraud and risk solution developer, has partnered with insurance software platform Snapsheet.
Berkshire Hathaway picks CLARA to improve compensation claims
Berkshire Hathaway Homestate Companies has selected CLARA analytics, an AI solution developer for the insurance space, to improve its compensation claims operations.
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