Sector Updates

HUK-COBURG partners with Cambridge Mobile Telematics to lower insurance premiums for safe drivers

Germany-based auto insurer HUK-COBURG has partnered with Cambridge Mobile Telematics to launch a new safe-driving insurance product. Telematik Plus will replace HUK-COBURG’s existing telematics offering...

Jet Insurance Services launches in the US

Sacramento-based Jet Insurance Services has launched its services, providing bonds and insurance to businesses.

FinTech investor Core Innovation Capital confirms $100m Fund III goal

FinTech venture capital investor Core Innovation Capital has confirmed it is eyeing up to $100m for its third foray into the fundraising market.

Societe Generale Assurances partners with Roadzen to build contextual insurance player

Societe Generale Assurances has partnered with AI-based InsurTech Roadzen with the intention of building a ‘digital and contextual’ insurance player. Through the deal, Roadzen will...

How the complexity of the insurance space is causing a funding gap in InsurTech

While investments into InsurTechs are increasing, funding is still not nearly as abundant as other areas of FinTech, according to MTech Capital co-founder and...

Nok Nok Labs deploys biometric authentication to Aflac Japan

Nok Nok Labs has deployed its biometric authentication technology to Aflac Japan, helping ease authentication for insurance.

Rippling raises $45m through Series A round

Rippling, a HR and employee management company, has raised $45m through a Series A funding round.

IA Capital Group pulls in $150m for InsurTech fund trio

InsurTech-focused venture capital firm IA Capital Group has raised a total of $150m for three funds to invest in the various sectors of the...

Zego partners with WeFlex to improve insurance for fleet drivers

On-demand InsurTech platform Zego has partnered with WeFlex to offer its fleet of cars an insurance policy which is driven by real-time data.

Finaeo rakes in $5.3m for latest funding round

Finaeo, an end-to-end insurance digital platform, has raked in $5.3m in a funding round led by FinTech-focused venture firm Luge Capital.

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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