State Farm backs ADT
Home and business security company ADT has closed a $1.2bn equity investment from State Farm Insurance, a US-based group of mutual insurance companies.
TheGuarantors launches product to support independent landlords
TheGuarantors, a FinTech company building smart financial and insurance solutions for renters and landlords, has launched a product platform designed to help protect small- and medium-sized rental property owners.
Blink Parametric to bolster travel insurance coverage in Canada
InsurTech Blink Parametric, has expanded its real-time flight disruption service through an agreement with Saskatchewan Blue Cross (Saskatoon) to enhance travel insurance coverage for traveling Canadians.
Gradient AI snaps up healthcare analytics unit from Prognos
Gradient AI, an AI insurance software provider, has acquired Prognos Health’s analytics business underwriting unit.
Pay-per-mile InsurTech Mile Auto bags $4m
Mile Auto, a US-based InsurTech startup offering pay-per-mile car insurance, has reportedly raised $4m.
How machine learning can be applied to actuarial and pricing workflows
Advanced in technology is making applying machine learning to pricing processes in insurance easier. According to Akur8, actuaries can benefit greatly from its adoption.
Prudential and Google Cloud to make protection and savings solutions more accessible
Prudential, an insurance group has partnered with Google Cloud to enhance health and financial inclusion for communities across Asia and Africa.
RGA and Sompo team up to bolster eldercare solutions
Reinsurance Group of America (RGA), a global life and health reinsurer, has partnered with Sompo Holdings to provide an eldercare health insurance offering.
PropTech Housing.com joins forces with Riscovry for embedded insurance
Housing.com, India-based full stack PropTech platform, has partnered with InsurTech platform Riskcovry to offer embedded insurance to its partners.
AXA Venture Partners backs ARTA in Series A round
ARTA, a provider of fulfilment technology for high value good and collectibles, has raised $11m in a Series A funding round led by AXA Venture Partners.
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