Sector Updates

N26 enters the insurance space with launch of new product

German challenger bank N26 has entered the insurance space, with customers now able to buy cover, manage plans and initiate claims.

Lloyd’s Lab names the 11 InsurTechs in its latest accelerator cohort

Lloyd’s Lab has announced the 11 companies it has selected for its sixth accelerator programme.

Bindable forms strategic partnership with iptiQ

Bindable, a digital property and casualty distribution platform, has formed a strategic partnership with iptiQ.

Zego to insure e-bikes of grocery delivery platform Dija

Motor insurance provider Zego has teamed up with grocery delivery startup Dija and will insure its fleet of e-bikes.

Vericred scores $23m Series B to help bolster its operational teams

Vericred, which aims to simplify the exchange of health insurance and employee benefits, has closed its Series B on $23m.

Clearcover scores $200m in its Series D funding round

Smart car insurance platform Clearcover has scored $200m in its Series D funding round, which was led by Eldridge.

InsurTech The Zebra becomes a unicorn after $150m round

Austin-based insurance comparison site The Zebra raised $150m in Series D funding led by an unnamed investor pushing its valuation to over $1bn.

The 26 FinTech deals of last week show the unicorns are on the rise

FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.

Novidea hires ex-broker to head sales department

Insurance company Novidea has appointed Jamie McDonnell to the role of UK sales manager.

PolicyMe offers fully digital platform to buy life insurance in Canada through new partnership

Digital life insurance platform PolicyMe has partnered with Canadian Premier Life Insurance Company to help Canadians buy life insurance digitally.

News Stories

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company.

Beazley investors back £8.1bn Zurich takeover deal

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company. The deal was backed by 99.9% of votes...
Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they share their insurance information.

Canopy Connect adds multi-option sharing path to intake platform

Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they...
The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers.

Rising home insurance premiums add pressure for first-time buyers

The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers. The company’s latest analysis...
EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part of a new overseas travel insurance offering.

Tokio Marine adopts ClaimPulse to automate travel insurance FNOL

EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part...
SoundHound AI, a conversational AI technology firm, has agreed to acquire enterprise messaging platform LivePerson in a deal designed to create an end-to-end omnichannel conversational AI platform for global enterprises.

SoundHound buys LivePerson to build omnichannel AI platform

SoundHound AI, a conversational AI technology firm, has agreed to acquire enterprise messaging platform LivePerson in a deal designed to create an end-to-end omnichannel...
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