Hippo’s First Connect to offer cyber insurance by Chubb
First Connect has partnered with Blink to offer personal cyber insurance to independent agents that participate in First Connect’s InsurTech marketplace platform.
The role of AI and machine learning in the customer experience
The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?
Parametrix Insurance teams up with IMA for cloud downtime insurance
Parametrix Insurance, a provider of parametric cloud downtime insurance, has partnered with IMA Financial Group (IMA), a North American insurance brokerage firm specialising in risk management, insurance, wholesale brokerage and wealth management.
Skyline, Howden, and Munich Re in parametric insurance alliance
Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.
Socotra in Avolanta take-over to modernise insurance
Socotra, a platform for insurers and InsurTech MGAs, has acquired Avolanta, a software startup offering a unified portal for the insurance industry.
Amex backs Trellis’ insurance vision
Digital insurer Trellis has received an investment from Amex Ventures, bringing its total funding to $17m since inception.
Livlet joins forces with Hiscox for home insurance
Livlet, a smart home management platform, has partnered with specialist insurer Hiscox for home insurance policies.
Carrot to support Naver with e-commerce returns insurance
Carrot, a digital insurance platform, has partnered with e-commerce shopping platform Naver for shipment return insurance.
Auto loan refinancer Caribou joins unicorn club
Caribou, which helps consumers save money on auto loans, has joined the unicorn club after the close of an oversubscribed Series C round, which closed on $115m.
Swedish pet insurer Lassie gets paws on €11m
Sweden-based pet insurance platform Lassie has reportedly collected #11m in its Series A, which was led by Felix Capital.
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