How can bancassurance meet the challenges of today?
As technological innovation and changing customer behaviours continue to disrupt established financial service channels, the bancassurance model is coming under pressure. Pricing sophistication will help bancassurance operators meet the challenges of today.
Cover Whale to improve commercial trucking safety through Nexar
Cover Whale Insurance Solutions, an InsurTech focused on commercial trucking, has teamed up with video telematics company Nexar.
Insurer Berkley One expands in more states
Berkley One, an insurance provider for modern individuals and families, has launched its product portfolio in Nevada and Idaho.
Insurer for the “digital age” At-Bay acquires licensed P&C carrier
At-Bay, which stylises itself as the insurance provider for the digital age, has acquired At-Bay Specialty Insurance Company, an excess and surplus (E&S) lines property and casualty insurer.
German InsurTech Baobab lands €3m investment
Berlin-based cyber insurance platform Baobab has scored €3m from UK-listed FinTech fund Augmentum.
Hanover Insurance launches specialty general liability offering
The Hanover Insurance Group, a holding company for several property and casualty insurance companies, has launched a specialty general liability offering.
Tesla Insurance reveals strong growth
Tesla Insurance has reportedly revealed its Q4 2022 results which indicate that the business is growing.
Floodbase launches parametric flood solution and bags $12m
Floodbase, a climate adaptation technology company, has released a flood solution for parametric hurricane policies and raised $12m in Series A funding.
Thai InsurTech startup Eazy Digital closes oversubscribed round
Eazy Digital, a Thai InsurTech startup that provides digital platforms for insurance companies, has raised $850,000 in an oversubscribed seed funding round.
AI tools such as ChatGPT to drive digital transformation of insurance, COVU says
Generative artificial intelligence (AI) tools, such as ChatGPT, will play a significant role in the digital transformation of the insurance industry, according to COVU.
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