Automated underwriter Pendella Technologies nabs Series Seed-2
Pendella Technologies, which helps firms automate underwriting, has collected Series Seed-2 funding round.
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.
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