InsurTech

Indonesian InsurTech Rey Assurance rakes in $4.2m

Rey Assurance, an Indonesia-based integrated health, life and critical illness InsurTech, has raised $4.2m in seed funding.

AFR deploys Verisk’s solution to streamline claims

American Farmers & Ranchers Mutual Insurance Company (AFR Insurance) has adopted global data analytics provider Verisk’s property claims-handling solutions, as part of its efforts to improve claims handling workflows.

GloveBox secures $5.5m for its insurance client experience platform

GloveBox, a client experience platform for insurance agents and carriers, has raised $5.5m in Series A funding.

Paris InsurTech Orus lands €5m for business insurance

Paris-based InsurTech Orus has raised €5m in funding for its mission of reinventing professional insurance.

YuLife rakes in $120m from Series C raise

YuLife, an InsurTech firm, has raised $120m from a Series C funding round headed by Dai-ichi Life Insurance Company.  

Air Doctor: How to brace for impact in the travel industry

In an economic climate characterised by rising prices, particularly gas, in part arising from the Russia-Ukraine conflict, as well as a tentative recovery from the pandemic, how can those in the travel industry, including insurers, prepare?

Yonder to rival Revolut and Monzo with travel insurance offering

Yonder, a challenger credit card provider, has entered the travel insurance sector with a product that covers various travel disruptions including flight cancellations.

JAB makes more moves in pet insurance with AGILA take-over

JAB’s European pet insurance platform Pinnacle Pet Group (PPG) will acquire German pet insurance provider AGILA Tierversicherung.

Munich Re and AXA Climate join WTW’s coral reef protection programme

WTW has expanded its programme insuring the Mesoamerican Reef with the appointment of Munich Re and AXA Climate as the insurance capacity providers for the project, in a bid to boost the economic and climate resilience of the surrounding regions. 

Sydney startup Upcover secures $4.7m for SMB insurance

Sydney-based insurance startup Upcover has raised $4.7m in a seed funding round to further its mission to simplify insurance for Australian small businesses.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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