Category : InsurTech

InsurTech News

Valor Siren Ventures Closes Out a $5Million Seed Round For ping, a Patented Voice Platform for the Gig Economy, Auto Insurance and Fleets

Fintech News Desk
Ping is the first and only voice platform for commercial drivers that reads delivery updates and all other time-sensitive messages aloud automatically, so they can drive safer. Latest Fintech News: Terawatt Technology Completes Series B Funding to Accelerate Pilot Production of Its Next-Gen 71% of commercial vehicle crashes involve distracted......
Commerce Guest Posts InsurTech

Insurance Businesses can Propel Growth Online Following Three Recommendations

Danielle Michaely
The insurance industry, which was previously steady and predictable, is no longer so. Growth without losing profitability is difficult, climate change is affecting certain risk profiles irreversibly, distribution needs have become genuinely multichannel, and customers expect items tailored specifically to them. Meanwhile, technology has continued to evolve at a breakneck......
InsurTech News

Branch Achieves Unicorn Status with Series C Funding, Cementing Its Position as the Premier Home & Auto Insurtech

Fintech News Desk
Investors champion Branch’s ability to make insurance frictionless, accessible, and affordable with a $147 million investment Investment closes as Branch reports 1300% growth YoY in annualized written premium and a 400% increase in employee growth in the last year Branch announced a $147 million Series C funding led by Weatherford Capital. Branch is a full-stack......
InsurTech News

Franklin Mutual Insurance Group Selects Guidewire Cloud to Enhance Customer Experience for Business Growth

Fintech News Desk
New Jersey Property and Casualty (P&C) insurer to leverage Guidewire Cloud to increase business agility and deliver more value to agents, employees, and policyholders Franklin Mutual Insurance Group, a P&C insurance provider for New Jersey residents and business owners, and Guidewire announced that Franklin Mutual Insurance has selected Guidewire Cloud to......
InsurTech News

Breeze Partners With Principal Financial Group to Expand Its Online Disability Insurance Platform

Fintech News Desk
Breeze API provides distributors the ability to offer Principal® individual disability insurance digitally. Breeze, the Omaha-based insurtech company that’s simplifying how disability and critical illness insurance are distributed, announced today the addition of the individual disability insurance product from Principal Financial Group® to their portfolio. Latest Fintech News: Natixis Corporate & Investment Banking......
InsurTech News

Zetrix, the Layer 1 Public Blockchain Network, Launches an NFT-based Insurance Product Covinsure

Fintech News Desk
Zetrix, the Layer 1 public blockchain network facilitating smart contracts and delivering privacy, security, and scalability, has announced the launch of an innovative NFT-based insurance product, Covinsure.  Latest Fintech News: LexisNexis Risk Solutions Acquires Property Insurtech Flyreel  Covinsure breaks new ground by providing insurance using blockchain technology and cryptocurrencies as payout.......
InsurTech News

SBI General expands its digital footprint with InsureMO platform, enabling daily issuance of over half a million bite-sized Insurance policies in India

Fintech News Desk
In line with SBI General vision of digitisation across customer journeys and processes, the Company has adopted a dynamic digital platform offered by InsureMO, thereby making the digital buying journeys seamless and enabling lesser dependencies on Core Policy Administration Systems. Latest Fintech News: Tech Data Launches B2B eCommerce Platform PEER CONNEXIONS......
InsurTech News

Bearingpoint Acquires Disphere Tech

Fintech News Desk
With the acquisition, the management and technology consultancy also integrates the financial services solution diContract into its product portfolio Management and technology consultancy BearingPoint announces the 100% acquisition of disphere tech, owner of the cloud platform diContract for the financial services industry. disphere tech will operate as a fully integrated part of BearingPoint......
InsurTech News

Seguros Sura Adopts Akur8 to Boost Its Insurance Pricing Process Across Latin America

Fintech News Desk
Akur8 and Sura are pleased to announce their collaboration to enhance Seguros Sura’s pricing capabilities on personal auto lines across Argentina, Chile and Colombia. Through this new partnership, Akur8 reinforces its presence in Latin America, where the company has been present since its second year of operations, and further accelerates......
InsurTech News

LexisNexis Risk Solutions Acquires Property Insurtech Flyreel

Fintech News Desk
Intuitive home inspection technology infused with industry-leading data analytics gives U.S. insurers comprehensive risk insights for underwriting and claims workflows, and consumers easy-to-navigate experience LexisNexis Risk Solutions, part of RELX, announced it has acquired Flyreel, a Denver-based property insurtech that uses artificial intelligence (AI) and machine learning to enable self-service......
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