All Insurtech articles – Page 4
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NewsSompo International announces partnership with Flock
This partnership supports the future of unmanned aviation by increasing the availability of critical insurance needed for emerging use-cases, like drone cargo deliveries, flying taxi passenger flights and drone swarm shows.
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NewsFloodFlash pays Storm Christoph catastrophe claim in 9 hours 44 minutes
It means that policyholders can be paid their claim on the same day
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NewsUK startup Nayms nabs £1.5 million to develop insurance for cryptocurrency
The London-based company wants to insure digital assets “through a collaboration between regulated underwriters/brokers and capital markets,” says CTO Theodore Georgas.
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NewsFlock enters flexible connected motor insurance market
It is also signing up a select number of forward-thinking fleet owners for an entirely usage-based insurance product, set for widespread availability in 2021
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NewsIndia’s insurance platform Turtlemint raises $30 million
Only a fraction of India’s 1.3 billion people currently have access to insurance. Insurance products had reached less than 3% of the population as of 2017, according to rating agency ICRA.
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NewsRecord-breaking InsurTech fundraising in Q3 2020, as ‘funding gap’ widens
Solid investor appetite for new and mature opportunities in the InsurTech sector was again in evidence during Q3 2020, as US$2.5 billion was raised by InsurTech firms across 104 deals, up 63% and 41% respectively over the prior quarter. Deals included two US$500 million rounds, but the mid-tier funding gap ...
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NewsCytora shifts to permanent remote-first working culture
The insurtech will be inviting employees to give feedback on its progress
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NewsInsurtech Honcho takes on the Big Apple
Honcho is one of two UK insurtechs to be selected by the US based accelerator
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NewsInsurtech Superscript becomes a registered Lloyd’s broker
The move follows the insurtech registering as a Lloyd’s coverholder in 2019
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NewsAfrican Risk Capacity Partners with Insuretech Pula
The African Risk Capacity Limited (ARC Ltd), the commercial subsidiary of African Risk Capacity Group (ARC Group), has announced a partnership agreement with Pula to deliver best-in-class agriculture index insurance products to protect African farmers from climatic risks. Every farming season, African farmers are exposed to a wide range of ...
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NewsZego partners with Swedish e-scooter operator ahead of UK roll out
Zego has teamed up with a Swedish e-scooter operator as the insurtech gears up to roll out its rental vehicles in the UK. Brokered by Marsh, Zego will provide insurance for the Swedish e-scooter company’s UK fleet
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NewsMunich Re-backed insurtech raises extra £1.6m for growth in new markets
Munich Re-backed insurtech Urban Jungle has raised an extra £1.6m for growth as it prepares to expand into new markets. Despite the pandemic having an impact on the insurtech sector, Urban Jungle has managed to raise funding yet again.
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NewsInsurtech deals drop by 80% globally but Lloyd’s Lab still innovating
The total value of global startups and deals plummeted by 80% in 2020. However, Lloyd’s Lab demonstrates hope that there is still innovation in the sector, with the fifth insurtech cohort focusing on pandemic solutions for the insurance industry.
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NewsInsurtech MGA Equipsme oversubscribed in crowdfunding during pandemic
The insurtech decided to crowdfund as it wanted control over its own destiny during the pandemic, and it has been oversubscribed in its crowdfunding and seen a surge in customers since March
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NewsLloyd’s Lab selects ten new InsurTechs for fifth cohort focused on COVID-19 risks
More than 140 applications were received from across the world for the fifth cohort of the Lloyd’s Lab, which begins 7 September 2020.
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People & Opinion‘Future of insurance as insurtech’ more crucial than ever says Insurtech Board chairman
The future of insurance is insurtech and this is more important now than ever as the UK emerges from lockdown, according to the chairman of the Insurtech Board (Tech Nation UK).
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