Sector Updates

Data platform Clareto partners with Diameter Health

Clareto, which acquires electronic health data for insurance underwriting, has partnered with clinical data normalisation platform Diameter Health.

Parsyl launches insurance service after closing Series A round

Parsyl, a supply chain data platform, has collected $15m in a new funding round which coincides with the launch of its new insurance product.

Zetta Venture Partners has raised a $180m to keep supporting AI-powered startups like Tractable

Having already backed InsurTech startup Tractable, Zetta Venture Partners is looking for more AI-powered ventures to support with its new $180m fund.

HSA Bank forms a partnership with Jellyvision

HSA Bank has formed a partnership with financial advice platform Jellyvision to help create a new Health Savings Account (HSA) product.

Blink Parametric launches new travel insurance solution Blink Luggage in the midst of COVID-19

Despite the coronavirus having wreaked havoc on the travel industry, InsurTech Blink Parametric has unveiled a new solution for weary travellers.

Insurance Authority extends coronavirus rules

Hong Kong's Insurance Authority has extended its temporary Covid-19 facilities for non-face-to-face distribution of some insurance products.

Italy’s Neosurance said to raise €1.1m in funding

Italian InsurTech startup Neosurance, which helps consumers find the right policy, has reportedly bagged €1.1m in a round.

Avo Insurance teams up with investment manager Two Sigma to boost its InsurTech efforts

Hong Kong-based InsurTech company Avo Insurance has signed a partnership with investment management firm Two Sigma.

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.

News Stories

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same time, dealers expect rapid decisions and competitive offers at the point of sale.

Why Canadian auto lenders are rethinking pricing strategies

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same...
Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise legacy systems are forcing lenders to rethink how lending journeys are designed.

Why personalisation is becoming essential in mortgage lending

Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise...
InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer acquisition across the United States.

Eleos Life raises $3m from Mercurius Media Capital

InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer...
DXC Technology has launched a new suite of Assure Smart Apps designed to help insurers accelerate AI-driven transformation and modernise operations without large-scale system overhauls.

DXC introduces AI-driven apps to accelerate insurer transformation

DXC Technology has launched a new suite of Assure Smart Apps designed to help insurers accelerate AI-driven transformation and modernise operations without large-scale system...
European InsurTech Neat has entered a strategic partnership with Visa to enhance the insurance and medical assistance services embedded within Visa cards.

Visa teams with Neat to upgrade cardholder insurance services

European InsurTech Neat has entered a strategic partnership with Visa to enhance the insurance and medical assistance services embedded within Visa cards. The collaboration will...
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