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Library: Sollers – Is Tesla Insurance the beginning of an insurance revolution?
March 2023 featured report: This article looks at the current existential crisis insurers face as a result of new distribution models being introduced. Jaroslaw Bucon, chief ...
SwiftAnt – InsurTech analysis research deck
SwiftAnt provides digital B2B solutions with a D2C delivery model for the insurance industry, with zero CAPEX and a business outcome-based pricing model. The InsurTech’...
Insurify – InsurTech analysis research deck
Insurify is a virtual insurance agent based in Cambridge, Massachusetts. Founded as an MIT-based startup in 2016, Insurify leverages proprietary AI technology to provide cust...
Allstate Drivewise – InsurTech analysis research deck
Drivewise from Allstate is an innovative tool that rewards safe drivers. It allows drivers to earn cash back or redeem points for rewards for good driving habits.
This...
InsureTech Connect & TDI 2020 Innovation awards and China Ecosystems
View Session Recordings Watch InsurTech Innovation Awards Watch Ecosystems in China webinar Watch Insurer Innovation Awards Congratulations to Winners Event Statistics ...
Insurer Beazley to launch blockchain registry with Bitfury, Lloyd’s broker and Emericon
Insurer Beazley has partnered with Risk Cooperative, an insurance broker which supports Lloyd’s London programs; in addition to Bitfury Group which is a blockchain tech...
How auto insurance can adapt to changing risks
Article Synopsis : Travelers public policy division The Travelers Institute has released a white paper called Insuring Autonomy: How auto insurance can adapt to changing risks, ...
MetLife partners with AXA telemedicine platform
Metlife and AXA have partnered to develop a teleconsultation service proposition to all employees in the US who are travelling overseas.
Pay-per-mile car insurance company Metromile raises $90 million to automate the claims process
Metromile, a well know usage-based car insurance startups has raised $90mn in a series E funding co-led by Tokio Marine Holdings and Intact Financial. Metromile allows driver...
McKinsey : How the coronavirus could change US personal auto insurance
Executive summary : The COVID-19 pandemic could cause structural changes. Understanding the range of scenarios can help carriers plan for an uncertain future. The COVID-19 ...
State Auto ends telematics program for farm auto policies
State Auto found that the program was giving away unwarranted discounts.
Empathy and Majesco Partner to Benefit Life Insurance Car...
The two companies join forces to elevate the beneficiary experience by equipping life insurers with advanced technology and value-added support services.
Capital One acquires Velocity Black
The company has raised $28 million in venture capital.
Hippo Announces Completion of $110M Debut Catastrophe Bond
Mountain Re provides economically efficient source of reinsurance against cat events and access to capital marketsPALO ALTO, Calif.--(BUSINESS WIRE)--Spinnaker…
AFCO’s PayMyPremiums Now Directly Integrates with Vertafo...
The integration is designed to deliver increased administrative efficiencies for agencies using AFCO and AMS360.
Modern Life Offers Suite of Prudential Protection Products
Advisors utilizing tech-enabled brokerage gain access to insurer’s suite of term and permanent products.
Boom raises $4.5 million
Boom allows renters in the US to build credit using their rent payment.
Embroker launches Excess Tech E&O cyber product for ...
Embroker's new product offering makes it easier for brokers to find excess coverage for insurtech E&O and cyber policies.
CrowdStrike to Accelerate Development of AI in Cybersecur...
CrowdStrike announced the company is working with Amazon Web Services (AWS) to develop powerful new generative AI applications
UNest partners with Wysh Life
UNest is an investment app.
Cysurance & Kaseya Launch Fast Track Cyber Insurance...
Boost security against cyber threats with Cysurance and Kaseya's Fast Track Programme, offering affordable and streamlined insurance coverage
Ohio Mutual Selects Marias Technology for Implementation ...
Marias will initially provide specification writing and documentation services for policy admin system implementation, expanding into other services as the relationship progresses.
Atidot Launches New AI Platform
This platform includes cutting-edge features designed to optimize life insurance analysis of a complete book of business and customer engagement.
Marshmallow Secures $18.63m Credit Facility
Marshmallow Secures $18.63m Credit Facility for Motor Insurance Expansion, Focused on Affordability and Underserved Communities
Ledger Investing to provide capacity to UK motor insurtec...
Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, is reportedly set to provide capacity to
Aureus Analytics Helps The Hanover Insurance Group Extend...
Aureus Analytics Helps The Hanover Insurance Group Extend DONNA to Select AgenciesWest Hartford, CTAureus Analytics, a global artificial intelligence
Plenty raises $2.75 million
Plenty was founded by Emily Luk and Channing Allen.
Verisk Acquires Morning Data to Support Digital Transform...
The acquisition will expand Verisk’s Specialty Business Solutions’ suite of end-to-end insurance software in the U.K. and globally.
Broker Insights appoints Tom Duke as Chief Operating Officer
Tom Duke, a veteran of Scotland’s high-growth technology sector, has joined Broker Insights as Chief Operating Officer. Duke has over two and a half
Fifth Third acquires Rize
Rize is a fintech infrastructure platform to build, launch, and scale new financial products and services via one API.
State Farm stops writing new business in California
This decision does not impact personal auto insurance.
State Farm to Cease Accepting New Applications for Busine...
An insurer group was quick to respond over the weekend after State Farm announced it will cease accepting new applications for business and personal lines
Gainbridge introduces embedded insurance offering
With this move, Gainbridge is targeting consumer finance companies.
Snowflake acquires Neeva
Up until four days ago, Neeva wasn’t on a viable path to creating a sustainable business.
Inszone Acquires Specialty Contractors Insurance Services...
Inszone Insurance Services acquired Specialty Contractors Insurance Services. Specialty Contractors Insurance Services has predominantly served business
Climate Alliance Sounds Alarm on ‘Political Attacks...
"Political attacks" are interfering with insurers' efforts to price climate risks, the Glasgow Financial Alliance for Net Zero said on Friday, after a
AmTrust Implements Bond-Pro Surety Technology in Under 90...
AmTrust utilizes Bond-Pro’s solution to streamline account management, bond issuance, reporting, and other Surety related functions.
An Overview of Foundation Models: Advantages & Risks
Foundation models have the ability to transfer knowledge gained from one context to another using machine learning techniques.
Dais Technology Integrates its No-Code Platform with Veri...
Dais Technology, a premier no-code insurance tech provider, has partnered with Verisk to integrate its platform with Verisk's cloud-based Rating-as-a-Service (RaaS) to accelerat...
Jewelers Mutual Group Launches LUX Digital Vault to Retai...
The new ‘cool-tech’ solution revolutionizes how jewelers connect and stay connected to their customers.
Lloyd’s of London CEO Neal Calls for Rethink of UN ...
A global climate alliance for insurers needs to make its membership rules less prescriptive or risk falling apart, the boss of Lloyd's of London said
Beazley, Arbol team on parametric weather risk, Nephila a...
London headquartered specialty insurance and reinsurance firm Beazley has teamed up with Arbol, a technology-led underwriter of parametric risk transfer,
Qlaims inks multi-year deal with Prestige Underwriting
Qlaims has signed a multiyear contract to include its cover in the Prestige Underwriting Coverall household policy, Insurance Age can reveal.
Aureus Analytics Joins SIAA’s Preferred Vendor Prog...
WEST HARTFORD, Connecticut - May 24, 2023, Aureus Analytics, a global artificial intelligence technology company that provides customer experience
American Family backs Chelsea Avondale
Chelsea Avondale was founded in 2016 and is the developer of Skynet, a precision risk system for P&C insurance.
The 11th Hour ⏰
From its October 25, 2016, premiere in the state of Ohio, Root has come a long way.
Arthur J. Gallagher Acquires Florida’s Ken Brown Br...
Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, said it has acquired Florida-based Insurance by Ken Brown Inc., a
Introducing Caribou’s new insurance flow
Canopy Connect is in the mix.
Amazon adds Policy Expert to insurance store
Personal lines specialist Policy Expert has joined the Amazon Insurance Store taking the number of providers up to four.
Travel insurtech startup Faye lands $10 million in Series A
Travel insurance startup Faye announced on Tuesday that it has raised $10 million in Series A funding, bringing the company’s total funding to $18 million.…
Insurtech company Bright Health finalizes reverse stock s...
Bright Health has finalized a 1-to-80 reverse stock split to raise its share price above the threshold required to remain on the New York Stock Exchange. The reverse…
The Hanover uses CAPE property data
Property insurer improves underwriting with analytical intelligence
Walmart partners with Pawp
Pawp made
Stillwater Partners with NeuralMetrics to Accelerate Data...
Stillwater selects AI-powered classification and risk intelligence data solutions from NeuralMetrics to boost growth in the small/medium business sector.
AIG to sell Validus Re in a $4.5 billion deal
Sale of Validus Re is expected to close in Q4 '23.
Obie Raises $25M Series B to Expand Embedded Insurance Te...
Insurtech Obie announced it has raised $25.5 million in a series B funding round led by Battery Ventures, with participation from Brick and Mortar VC,
EPIC Insurance Brokers & Consultants Partners with B...
EPIC Insurance Brokers & Consultants is leveraging Bindable’s digital platform and proprietary agent software, Policy Crusher®, to cross-sell customers and enable growth through...
Progressive introduces Heavy Truck Roadside Assistance co...
To offer this coverage, Progressive is collaborating with TTN Fleet Solutions.
How Will Economic Pressures Affect P&C Industry?
How could the current economic environment affect workers compensation – and the property and casualty insurance industry overall – in 2023? Earlier this
Synchrono Group Selects KCC for Risk Modeling Applications
The applications are delivered through KCC’s new underwriting application, powered by rapid, high-resolution modeling analyses for complex commercial policies.
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