Auto Insurance

CrashBay raises $1.25m boost for collision repair network

CrashBay raises $1.25m boost for collision repair network

CrashBay, the first digital marketplace dedicated to transforming the collision repair industry, has successfully closed a funding round of $1.25m.
HSB, a Munich Re subsidiary, has unveiled Cyber for Auto, a new coverage tailored to protect against cyber threats targeting personal cars and trucks.

HSB launches Cyber for Auto to cover against cyber threats targeting personal cars and...

HSB, a Munich Re subsidiary, has unveiled Cyber for Auto, a new coverage tailored to protect against cyber threats targeting personal cars and trucks.
Yotta Automated Software Solutions Inc. (YASSI), a leading provider of real-time vehicle lienholder, registration, and title data solutions, has joined Guidewire‘s InsurTech Vanguards program.

YASSI joins Guidewire’s InsurTech Vanguards program

Yotta Automated Software Solutions Inc. (YASSI), a leading provider of real-time vehicle lienholder, registration, and title data solutions, has joined Guidewire‘s InsurTech Vanguards program.
Clearcover, the next-generation car insurance company, has announced the launch of its revolutionary generative AI solution.

Clearcover launches GenAI insurance tool to expedite claims processing

Clearcover, the next-generation car insurance company, has announced the launch of its revolutionary generative AI solution.
VIU by HUB (VIU), an omnichannel insurance brokerage platform, has partnered with Mile Auto to introduce an innovative solution for accessing affordable car insurance based on individual driving habits. 

VIU By HUB Partners with Mile Auto for innovative car insurance solution

VIU by HUB (VIU), an omnichannel insurance brokerage platform, has partnered with Mile Auto to introduce an innovative solution for accessing affordable car insurance based on individual driving habits. 
Aviva and Darwin Innovation Group have announced the expansion of their autonomous vehicle insurance project in collaboration with the University of Salford.

Aviva and Darwin expand autonomous vehicle insurance project

Aviva and Darwin Innovation Group have announced the expansion of their autonomous vehicle insurance project in collaboration with the University of Salford.
Velotric, a premium ebike company, has partnered with Oyster to enhance the customer experience by providing seamless bike insurance solutions at the point of purchase. 

Velotric and Oyster partner to deliver seamless bike insurance for customers

Velotric, a premium ebike company, has partnered with Oyster to enhance the customer experience by providing seamless bike insurance solutions at the point of purchase. 
Matt Bonakdarpour takes the helm as president and CTO at Root Insurance

Matt Bonakdarpour takes the helm as president and CTO at Root Insurance

Root, a pioneering technology firm specialising in insurance solutions and the parent entity of Root Insurance, is delighted to announce the elevation of Matt Bonakdarpour to the dual role of President and Chief Technology Officer (CTO).
Cover Whale appoints new COO and CTO to continue growth

Cover Whale appoints new COO and CTO to continue growth

Cover Whale has announced that Darryl Siry is joining the firm as its COO and CTO in a bid to enhance its position as a leader in the commercial trucking and insurance industry.
Flitter's innovative pay-by-mile insurance model drives €3.5m seed funding

Flitter’s innovative pay-by-mile insurance model drives €3.5m seed funding

Flitter, a Paris-based InsurTech startup, has successfully completed a €3.5m seed funding round, positioning itself for significant expansion.
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Sun Life US, a leading provider of insurance and employee benefits, has launched an enhanced claims integration system.

Sun Life US launches seamless claims integration for multiple health benefits

Sun Life US, a leading provider of insurance and employee benefits, has launched an enhanced claims integration system.
Ryan Specialty, a leading international specialty insurance firm, has announced that London-based underwriter Tom Daniels has joined LifeScienceRisk as managing director of LifeScienceRisk International.

Ryan Specialty appoints Tom Daniels as managing director of LifeScienceRisk International

Ryan Specialty, a leading international specialty insurance firm, has announced that London-based underwriter Tom Daniels has joined LifeScienceRisk as managing director of LifeScienceRisk International.
Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round.

Akur8 lands $120m in Series C to enhance its next-gen actuarial platform

Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round.
Health insurance plays a critical role in safeguarding individuals and families from the financial burdens of medical expenses, offering essential coverage and peace of mind during times of illness or injury. Traditionally, the industry relied on complex and rigid models, often burdened by lengthy paperwork, slow claims processing, and fragmented communication. However, the health insurance market is projected to reach a remarkable $2.38tn in gross written premiums by 2024, according to Statista. This comes amidst a significant shift towards digital platforms and telemedicine services.

The changing face of health insurance

Health insurance plays a critical role in safeguarding individuals and families from the financial burdens of medical expenses, offering essential coverage and peace of mind during times of illness or injury. Traditionally, the industry relied on complex and rigid models, often burdened by lengthy paperwork, slow claims processing, and fragmented communication. However, the health insurance market is projected to reach a remarkable $2.38tn in gross written premiums by 2024, according to Statista. This comes amidst a significant shift towards digital platforms and telemedicine services.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.
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