Otonomo and Audi team up for data-driven insurance
Otonomo Technologies, which provides a mobility intelligence platform, has partnered with Audi to provide data-driven auto insurance services.
Insurer Stubben Edge reels in £10m funding
UK-based InsurTech firm Stubben Edge has raised £10m from an investment round that including firms such as Lloyd’s Names and a range of institutional investors.
Helvengo set to revolutionise SME insurance
Zurich-based Helvengo, which provides insurance solutions tailored to entrepreneurs, startups and SMEs, has received $4.5m in a seed financing round.
Roamly and Wheelbase to offer embedded RV insurance
InsurTech Roamly has partnered with Wheelbase, software product provider for RV fleet, to provide an embedded digital RV insurance product.
Ascend bags $30m in equity and $250m in debt
US-based Ascend, which claims to be the first modern insurance payments platform, has bagged $30m in its Series A, alongside a further $250m in a lending commitment.
Pacific Lake backs OneShield
OneShield Software, a provider of core software solutions to property and casualty insurance companies, has received a $50m follow-on investment.
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.
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