Consumer Platforms

London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. 

Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).

In today’s dynamic landscape, traditional insurance models are often lagging behind newer digitalised solutions, leaving consumers and businesses vulnerable to gaps in coverage and cumbersome policy management. Enter embedded insurance: a forward-thinking solution seamlessly integrating insurance products into existing platforms and transactions, revolutionising the way we protect assets and mitigate risks. But why is it becoming increasingly indispensable in our modern world?

Honeycomb, a leading digital insurer, has raised $36m in a Series B funding round in a bid to expand its insurance offerings.

Simplifai, a leading provider of AI-powered solutions in the insurance sector, has secured a significant investment with Idékapital leading the raise.

Coalition, the world’s first active insurance provider, has announced the expansion of its cyber insurance offering to large enterprise businesses in Canada, excluding the province of Quebec.

Amwins, a leading insurance distributor, has announced the formation of Amwins National Transportation Underwriters (ANTU) designed to streamline market access. 

Arch Insurance International has announced the promotion of Barbara Rizzi to Chief Claims Officer, effective immediately.

Amazon Shopping’s seamlessly integrated barcode scanner has transformed how users discover and purchase products. The feature’s simple yet efficient design prioritises the user experience, offering a seamless scanning experience. Scanbot SDK delves into the intricacies of Amazon’s barcode scanner technology. 

In a bid to bolster its tuition protection program, GradGuard, a leading provider of college tuition and renters insurance programs, has unveiled a significant enhancement.