Sector Updates

Tremor bags $10m in funding led by Anthemis Group

Tremor, a programmatic insurance and reinsurance risk transfer marketplace, has bagged $10m in new funding.

Farm Bureau Insurance to leverage Supportomate’s chatbot after investment

Farm Bureau Insurance of Michigan to pilot Supportomate’s chatbot after making an investment into the Israel-based startup.

Skuld to integrate Quest Marine to reduce risk

Marine insurance provider Skuld will integrate Concirrus’ behaviour-based data analytics platform Quest Marine through new partnership.

Three Hills Capital buys minority stake in Trak Global Group

Three Hills Capital has acquired a “significant” minority stake in Trak Global Group, a telematics technology company.

Root to improve car insurance claims through Owlcam deal

Root Insurance to improve claims for the auto insurance through new partnership and pilot with Owlcam.

Travel insurance company Blink partners with Manulife

Travel insurance startup Blink has teamed up with large Canadian travel insurer Manulife to support the rollout of its tailor-made products to consumers in the country.

Majority of FinTech customers happy to switch back to traditional institutions

A majority of FinTech customers would happily use a traditional bank (66 per cent) or insurer (61 per cent) that offered similar services and pricing as a neobank or InsurTech rival, a study from Oliver Wyman claims.

Inshur adds a further $1.5m to its Series A round

Inshur, a mobile-based insurance platform, has closed an additional $1.5m for its Series A round.

Alan to launch new services and plans international expansion

Alan, a digital health insurance platform, is reportedly launching several new products and has plans for international expansion.

Ethical life insurance platform Ethos raises $60m in its Series C led by GV

Ethical life insurance platform Ethos has raised $60m in its Series C round led by GV (formerly Google Ventures).

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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