InsurTech

CoverFox said to raise round which values the business at $227m

Digital insurance broker CoverFox has reportedly raised INR 300m ($3.9m) in a funding round which values the InsurTech at around INR 17.3bn ($227.1m).

Corvus Insurance offers free cyber risk reports to hospitals and organisations on the frontlines...

COVID-19 has not only caused major disruption into people’s lives and in the markets, but has also raised the risk of hack attacks. Now, Corvus Insurance hopes to help.

Kin Insurance to leverage Cape Analytics software to improve insurance

Home insurance platform Kin Insurance will leverage Cape Analytics’ geospatial property intelligence to improve policies for consumers, as part of a new agreement.

Greater Than unveils new AI-powered car insurance platform

The Swedish InsurTech company Greater Than has launched its new AI-based platform, which caters to all types of cars, auto insurers, fleets, and car manufacturers.

InsurTech startup honcho closes £1.2m round supported by crowdfunding and established investors

UK-based startup honcho has closed another successful round by combining crowdfunding and the backing of established investors such as Insurtech Gateway, Business Durham and the North East Development Capital Fund.

Lloyd’s Lab has picked 12 startups for its InsurTech accelerator programme

Building on its reputation of nurturing successful startups in the InsurTech space, Lloyd’s Lab has now picked the fourth batch for its accelerator programme.

InsurTech INSTANDA is now available in the Microsoft Azure Marketplace

Hot on the heels of its $19.5m Series A round in March, INSTANDA has now announced that it is available through the Microsoft Azure Marketplace.

Insuritas to build insurance agency for University First Federal Credit Union

Insurance solution builder Insuritas will design and launch a credit union owned, full service insurance agency on behalf of University First Federal Credit Union.

InsurTech Xpension nets €25m in Series C round led by HPE Growth

German InsurTech Xpension has raised €25m in a new Series C round led by growth investor HPE Growth.

Hippo Insurance acquires US P&C insurer Spinnaker Insurance Company

Home insurance company Hippo Insurance has acquired US-based national property and casualty insurer Spinnaker Insurance Company.

News Stories

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early customer interest. Yet maintaining engagement over time remains a persistent challenge.

Why life insurers struggle to sustain wellness programme engagement

Wellness programmes have become an increasingly common feature in life insurance offerings. Many insurers launch digital health initiatives with strong internal support and early...
INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within a single policy in real time.

INSTANDA introduces MAX to scale commercial underwriting with AI

INSTANDA has launched INSTANDA MAX, a new ‘underwriter-first’ capability designed to help commercial and non-admitted insurers underwrite tens of thousands of complex assets within...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility.

Talanx lands €1bn through dual bond issuance

Talanx AG has raised €1bn through a dual bond issuance aimed at strengthening its capital structure and supporting long term financial flexibility. The financing consists...
UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to support a new end-to-end approach spanning underwriting, claims and mid-term policy adjustments.

Covéa adopts Shift AI to unify underwriting and claims risk

UK insurer Covéa is overhauling how it manages fraud and risk across the insurance lifecycle, selecting Shift Technology as a long-term strategic partner to...
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