InsurTech

Tesla takes on auto insurance market

Austin, Texas-based Tesla has rolled-out its real-time data insurance product in three more states: Colorado, Oregon and Virginia.

Transverse Insurance unveils InsurTech fund

Transverse Insurance Group, a property & casualty (P&C) carrier, has launched a venture capital fund, Transverse Ventures Fund I, that will focus on early-stage investments in insurance and InsurTech.

Surer addresses insurers pain points

Singapore-based InsurTech firm Surer has released an improved version of its platform to enhance its digital ecosystem.

Women in InsurTech: climbing the corporate ladder

What can businesses and advocates do to improve the diversity and inclusion ratio of women in insurance, particular in leadership roles? Novidea recently spoke to three successful women in the industry about their experiences climbing to the top.

Nigerian InsurTech ETAP pulls in $1.5m

Nigerian InsurTech startup ETAP, which aims to make it easier to buy car insurance and make claims, has raised $1.5m in pre-seed funding.

Ohio Mutual to deploy Pinpoint Predictive platform for insurers

Pinpoint Predictive, which provides “predictive power” to carriers and MGAs, has partnered with Ohio Mutual Insurance Group, to use applied data and analytics to more accurately predict and evaluate loss risk for the mutual insurer.

Loop collects $25m for Indian health insurance

Loop, an Indian healthcare and insurance startup has raised $25m in a Series B round co-led by General Catalyst and Elevation Capital.

Tractable and Mitchell to roll-out touches claims in North America

InsurTech Tractable has enhanced its collaboration with Mitchell, an Enlyte company and leading technology and information provider for the property and casualty (P&C) insurance and collision repair industries.

InsurTech SafetyWing inks $35m Series B

Insurance firm SafetyWing has secured $35m in a Series B funding round led by European growth investor Kinnevik.

Travel InsurTech baoba to roll out Blink Parametric solution

Blink Parametric, has entered into a partnership with baoba, a global travel InsurTech to launch a flight disruption solution.

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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