Insurer for the “digital age” At-Bay acquires licensed P&C carrier
At-Bay, which stylises itself as the insurance provider for the digital age, has acquired At-Bay Specialty Insurance Company, an excess and surplus (E&S) lines property and casualty insurer.
German InsurTech Baobab lands €3m investment
Berlin-based cyber insurance platform Baobab has scored €3m from UK-listed FinTech fund Augmentum.
Hanover Insurance launches specialty general liability offering
The Hanover Insurance Group, a holding company for several property and casualty insurance companies, has launched a specialty general liability offering.
Tesla Insurance reveals strong growth
Tesla Insurance has reportedly revealed its Q4 2022 results which indicate that the business is growing.
Floodbase launches parametric flood solution and bags $12m
Floodbase, a climate adaptation technology company, has released a flood solution for parametric hurricane policies and raised $12m in Series A funding.
Thai InsurTech startup Eazy Digital closes oversubscribed round
Eazy Digital, a Thai InsurTech startup that provides digital platforms for insurance companies, has raised $850,000 in an oversubscribed seed funding round.
AI tools such as ChatGPT to drive digital transformation of insurance, COVU says
Generative artificial intelligence (AI) tools, such as ChatGPT, will play a significant role in the digital transformation of the insurance industry, according to COVU.
Encora acquired Excellarate to strengthen InsurTech, FinTech and HealthTech
Encora, a global next-generation product engineering provider, has acquired global technology solutions provider Excellarate to strengthen its capabilities in InsurTech, FinTech and HealthTech.
Majesco selected by Boston Mutual to enhance the customer experience
Majesco, a provider of cloud insurance platform software for insurance business transformation, has been selected by Boston Mutual Life to modernise its core platform.
Coterie Insurance partners with Appalachian Underwriters for automated underwriting
Coterie Insurance, a small business insurance solution for agents and brokers, has partnered with Appalachian Underwriters, Inc (AUI), for automated underwriting.
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