InsurTech

InsurTech startup Counterpart scores $30m in its Series B

Counterpart, which stylises itself as the management liability InsurTech, has scored $30m in its Series B funding round.

Howden responds to increasing wildfire risks

International insurance broker Howden has launched a Wildfire Excess Liability Lineslip (WELL) in response to the increasing need for insurance cover for contractors and subcontractors operating in wildfire-prone areas in the US, such as California, Washington, Oregon and Arizona.

Otonomo acquires The Floow for data-driven insurance

Otonomo Technologies, a mobile intelligence company, has entered into a definitive agreement to acquire connected insurance technology provider The Floow.

MAPFRE issues call to InsurTechs

MAPFRE has launched a fast-track-to-market programme to attract initiatives from around the world that want to grow in the insurance market.

CyberCube and Duck Creek partner to bolster cyber underwriting

Cyber risk analytics specialist CyberCube has partnered with Duck Creek Technologies a leading provider of software-as-a-service (SaaS) insurance core systems, to streamline the underwriting of cyber insurance policies.

5 key growth strategies for insurance firms in 2022

There are many ways to grow a business, but Cloud Insurance has outlined the five strategies insurance firms can leverage to make the most out of 2022.

Carvana acquires Adesa in $2.2bn deal

Carvana, an online used car marketplace, is to acquire physical auction business Adesa from KAR Global for $2.2bn in cash, a report by Coverager has revealed.

OCTO and Ford team up for auto insurance

OCTO Telematics has partnered with Ford Motor Company to extend its data streaming partnership into Europe to bolster its insurance offering.

Socotra selected as core platform for UBI programme

European insurer Aioi Nissay Dowa is launching MOTER as an InsurTech MGA in the US and partnering with Socotra to develop its telematics-driven, usage-based insurance product.

Polly launches integrated auto insurance product

Polly, a digital insurance marketplace for automotive retail, has launched a personalised insurance enrolment fully integrated within the consumer’s car shopping experience.

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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