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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 ...
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, ...
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...
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...
Obie partners with Doorvest to provide coverage to investors
At Obie, we want to reduce barriers to becoming a landlord, which is why we’ve created a streamlined insurance product that provides a coverage quote
ThreeFlow raises $45 million to scale its employee benefi...
ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding. New investor Accel led the ro...
Heritage partners with Slide
Heritage will receive ~ 6% equity stake in Slide.
Heritage announces partnership with insurtech Slide, acqu...
Heritage has announced an extensive strategic partnership with insurtech Slide, a deal that will see the property and casualty insurance holding company
NextCar acquires Autonomy
Autonomy was previously a Hewlett-Packard company that was later acquired by Micro Focus.
Commercial property claims up, but demand increasing, cap...
The US commercial property insurance market has always been a good bellwether for broader conditions across insurance as well as reinsurance and after a
NextCar completes acquisition of Autonomy brand and IP br...
Autonomy was previously a Hewlett-Packard company that was later acquired by Micro Focus.
Corvus opts for portfolio management tools from CyberCube
Corvus Insurance, a provider of AI-powered commercial insurance, has announced that it plans to use CyberCube’s Portfolio Manager to better analyse and
Are consumers going off digital claims?
According to Zurich’s Chief Claims Officer Ian Thompson, the company is seeing evidence that consumers are choosing to file in-person claims rather than use the digital options ...
Insurance startup Slide raises $100 million
The company is headed by CEO Bruce Lucas, who previously founded Heritage Insurance.
Vitech Fall 2001 V3locity Includes Enhancements to Claims...
Features of the new release include improvements to the solution’s digital, analytics, and core capabilities.
Aviva urges brokers to take “holistic approach̶...
Its latest risk report shows businesses are facing a "complex web" of interconnected risks.
How a US insurer empowered customers to buy term life in ...
This case study focuses on a leading financial services company offering an innovative, balanced product mix, including employee benefits, annuities, and
New Head of Revenue joins Semsee
Semsee, the automated small commercial quoting platform for agents and carriers, announced today that Zack Yurch has joined the company as Head of
Insurtechs Demex & Vave target US for commercial ext...
Demex Group, an analysis and pricing platform for climate-linked risks is partnering with algorithmic underwriting managing general agent Vave on the
Claimatic Granted U.S. Patent for Claims Triage and Assig...
The invention triages claims intake details and then identifies internal and external resources to apply to each claim based on location, availability, licensing, severity and c...
Corvus Insurance Selects CyberCube Portfolio Manager
The InsurTech MGA will also use CyberCube’s Single Point of Failure (SPoF) model and Attritional Loss model as it seeks to grow its business.
Slide raises $100mn in Series A funding round
Homeowners insurtech Slide has announced it has raised $100 million in a Series A funding round, led by Gries Investment Funds and Tampa Bay Ventures.
Kettle books $25M for its reinsurance platform against fi...
One of the most noticeable — and noted — effects of climate change has been its impact on how other events in the environment — be they natural or man-made occurrences — play ou...
Insureds May be Cooling to Digital Claims Experience
Policyholders are starting to pull back from digital channels as the COVID-19 pandemic eases and revert to in-person ways to file insurance claims, a
Demex & Canopius’ Vave partner for parametric ...
The Demex Group, a climate risk focused insurtech that aims to deliver climate-resilience through financial risk solutions on a global scale, has
Westfield Specialty acquires renewal rights to Argo Group...
The terms of this transaction were not disclosed.
The Demex Group partners with Vave
Vave's extreme temperature insurance is powered by Demex and designed to provide up to $1,000 of immediate cash during intense temperature events.
Roost Adds Smoke Alarm Notification to Protection360 Comm...
The service uses a sensor that detects the sound of a smoke alarm and provides notification of a potential fire to property manager as well as 24/7 monitoring center.
The Philadelphia Contributionship Selects One Inc for Dig...
Founded by Benjamin Franklin, TPC will implement an enhanced outbound payment experience for TPC that reduces claims severity, loss ratios and improves cycle time.
Aventus develops digital underwriting platform
The offering adds to is distribution and customer management proposition and is designed for brokers and MGAs.
Root raises $3 million
Root is a cloud-native end-to-end insurance platform that enables organisations of any size to build, sell and manage digital insurance products and unlock modern engagement cha...
State Farm Ventures backs Whisker Labs
Ting, developed by Whisker Labs, is a turnkey subscription service to monitor and notify homeowners of electrical fire hazards using a DIY smart plug that takes 2 minutes to ins...
UNest raises $26 million
Northwestern Mutual Future Ventures participated in the round.
Nexus US launches new and improved Small Business Protect...
The Small Business Protect product combines Professional Liability/General Liability and is offered on a surplus lines basis in all 50 states.
MassMutual backs Fund That Flip
Founded in 2014, Fund That Flip offers an end-to-end platform for local real estate entrepreneurs.
CAPE Analytics and Socotra to provide carriers with acces...
The partnership will allow insurers to leverage CAPE Analytics’ best-in-class geospatial property insights through Socotra, the first truly modern core
? Vivint is taking insurance more seriously
Vivint is looking to launch an MGA.
PCMI Partners with One Guard to Optimize Vehicle Analysis...
The partnership allows administrators to streamline the claims adjudication and inspection report process within a single portal.
Zurich partners with Healix for healthcare offering
Healthcare provider Healix has been chosen by insurer Zurich UK to bolster its healthcare offering
Root reveals work where it works best principles
Root has launched a new way of working that empowers employees to determine what works best on an individual level while providing clarity for the future.
Kinetic announces Kinetic Insurance in partnership with N...
Kinetic Insurance will sell workers' comp insurance.
Munich Re Company Selects Majesco Solutions for Greenfiel...
GrovesJohnWestrup Private Clients has also selected Majesco Digital1st to launch new business segment in the U.K. providing insurance to high-net-worth individuals.
Nirvana Health raises $7.5 million
Nirvana Health helps therapists handle mental health insurance claims.
Cowbell Cyber Releases First Insurance-focused Risk Asses...
Vivint is getting more serious about insurance
Vivint is looking to launch an MGA.
After Finding Success in Ohio, Beam Dental is All Smiles
In 2012, CEO and co-founder of Beam Dental Alex Frommeyer began the search for the ideal place to move his Louisville, KY insurtech business, Beam Dental. The new headquarters w...
Digital MGA ecosystem Stere names Abbey Gallegos as direc...
NEW YORK, NY – November 16, 2021 – Stere, a digital ecosystem designed to tackle speed-to-market, capacity sourcing, and other challenges faced by
AARP launches AgeTech Collaborative
AgeTech Collaborative a new platform to help AgeTech innovators generate big new ideas and send thriving products.
Obie and NestEgg Partner for Seamless Property Management...
As part of the goal to simplify the rental process, Obie has partnered with NestEgg. NestEgg is available for current landlords who are looking to achieve
Metromile announces Q3 results
Policies in force decreased by 76, going from 95,314 at the end of Q2 2021 to 95,238.
Southern States Insurance Exchange selects OneShield for ...
Striving to provide cost-effective insurance and a great member experience, Southern States Insurance Exchange ("The Exchange") has chosen OneShield
Southern States Insurance Exchange Selects OneShield SaaS...
The Exchange will replace its legacy policy administration system with OneShield Market Solutions to provide superior service with greater efficiency.
Greenlight Re Innovations backs title insurtech Blueprint
Greenlight Re Innovations, part of Greenlight Capital Re, has invested in Blueprint, a full-stack title insurer focused on the digitalisation and
Root’s Q3 2021 highlights
Telematics was a main theme during Root's earnings call today.
