Tag: insurtech

The coronavirus has resulted in high demand for online services and some businesses have struggled to meet this shift. However, iptiQ by Swiss Re is putting its four years of experience to practice and is helping its partners to quickly add new products.

From InsurTech startups to cybersecurity ventures, the past week has seen several FinTech firms find funding to help them grow despite the global pandemic.

Jooycar, an InsurTech platform based in Chile, has reportedly secured $750,000 in funding to help it move into the US market, despite the current pandemic.

The digitalisation efforts the insurance industry is seeing as a result of the coronavirus pandemic is not new, it’s just accelerating an existing trend, according to a recent webinar.

Malaysian InsurTech startup PolicyStreet has reported raised about $1.8m in a Series A round led by KK Fund.

Veruna, which has built an agency management system on the Salesforce platform, has established a strategic partnership with Insuritas.

Workers compensation InsurTech Pie Insurance has bagged $127m in a new financing and capital funding round, which will support the acquisition of other insurance companies.

South Africa-based Inclusivity Solutions has secured $1.3m in the second tranche of its Series A round, bringing the total funding to $2.6m.

Insurance firms should only begin experimenting with new and exciting customer experiences once they get the basics right, says Mark Moran, head of product at insurance customer engagement platform ManageMy.

Pay-per-mile car insurance platform By Miles has secured £15m in its Series B round which was led by CommerzVentures.