BlackRock to loan Root Insurance $300m
Root, the parent company of Root Insurance, has closed a term loan facility with BlackRock Financial Management.
New Zealand deploys software for natural disaster response
New Zealand’s Earthquake Commission (EQC) is to use new modelling software to boost its ability to plan for future natural disasters and respond to them.
DigitalOwl lands Series A for medical record technology
DigitalOwl, a Natural Language Processing (NLP) technology for deeply analysing and summarising medical records that aids insurers, has raised $20m in Series A funding.
TD Insurance boosts insurance fraud protection with FRISS
TD Insurance (TDI) has implemented FRISS’ AI-powered fraud risk scoring services to combat the rising prevalence of insurance fraud in Canada.
How hyper-personalisation can deliver greater customer value
As the insurance industry becomes increasingly focussed on how it can deliver more tailored customer experiences, gaining a thorough understanding of every customer has never been more vital.
Kin Insurance retreats from IPO
Home insurance platform Kin Insurance has agreed to terminate its planned merger with special purpose acquisition company Omnichannel Acquisition Corp, due to “unfavourable market conditions”.
Simplisafe teams with Aviva to offer bolstered insurance protection
Security firm Simplisafe has teamed with insurance company Aviva to help businesses reduce the severity or prevent costly insurance claims on their premises.
Laka scores €10.6m funding to advance bicycle insurance offering
Bicycle insurance platform Laka has raised €10.6m in a Series A round of funding led by US mobility investor Autotech Ventures.
Zenjuries pulls in $2.2m for worker compensation insurance
InsurTech Zenjuries, provider of worker compensation automation software for handling claims and reducing loss costs, has raised $2.2m.
Obie partners with Digital Partners for automated insurance offering
InsurTech Obie is partnering with Digital Partners, a Munich Re company, to provide an instant insurance offering for real estate investors.
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