Insurance

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/retail

MassMutual partners CommonBond to tackle student debt

Massachusetts Mutual Life Insurance Company (MassMutual) has teamed up with CommonBond, a leading financial technology company, to offer a new student loan refinancing program through CommonBond with a rate advantage to help people take control of their student debt.

/Insurance

Belgian InsurTech Qover secures EUR8 million

Qover, the preferred insurance partner for digital businesses, announced today it has raised EUR 8M in a funding round led by Alven and Portag3 Ventures. Series A investor Anthemis also invested in the round.

/regulation

Aegon UK chooses Legerity for IFRS 17 transition

Aegon UK, a leading savings, protection and investment service provider has selected Legerity Limited’s FastPost IFRS 17 solution to help it transition to the new International Financial Reporting Standard (IFRS 17).

/Insurance

Fiserv integrates retirement income and insurance planning tools

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, is enabling financial advisors to assist clients with retirement income planning and risk mitigation through the use of annuities, life, and long-term care insurance.

/ai

US insurtech giant Lemonade lands in Germany

Lemonade launched its first European country today. Consumers in Germany can now get contents and liability insurance instantly, anytime, and from any device - and they can file claims and get paid in seconds.

/security

Metaco and Aon release insurable crypto asset storage technology for banks

Swiss financial technology company, METACO, has announced today that a panel of London insurers arranged by global professional services firm Aon will offer a crime insurance product to clients using SILO - METACO’s integrated hot-to-cold wallet management solution for financial institutions - which can help to protect their digital assets from the losses resulting from loss, damage, destruction or theft.

/startups

Canadian insurtech Boxx expands to Singapore; seeks funding

BOXX Insurance Inc., a Toronto-based Insurtech is furthering its global reach in Summer 2019 with the launch of BOXX Asia in Singapore and continued expansion into Latin America with offices in Santiago, Miami, and Mexico City.

/Insurance

Insurtech Getsafe secures $17m funding

Getsafe has raised 15 million euros in a Series A funding round led by Earlybird. CommerzVentures  and other existing investors also participated in the round.

/Insurance

Uber partners with Inshur to reward safe driving

INSHUR and Uber have partnered to offer a range of insurance services to drivers who use the Uber app. The fully digital insurance service is one of the first of its kind.

/Insurance

SE2 makes majority investment in insurtech Life.io

SE2, a recognized industry leader providing technology driven third-party administration services for many of the top life insurance companies in the US, announced an increased investment in Life.io, a customer engagement technology platform focused on the life insurance and annuity industry.

/retail

Getsafe moves into digital home contents insurance

After 60,000 liability policies sold, the Heidelberg-based startup Getsafe is launching a home  contents insurance. This addition completes the company's strategy to cater specifically to insurance  starters.

/Insurance

DBS Hong Kong and and Sun Life team on insurance offering

In a constantly evolving digital world, DBS, which has been crowned World’s Best Digital Bank twice by Euromoney, and Sun Life Hong Kong are helping to bring peace of mind to customers in times of need, faster, efficiently, and hassle-free.

/Insurance

Certua acquires Surely Group

Certua, the data-driven financial technology company, has today announced its acquisition of leading Insurtech, the Surely Group.

/Insurance

Hastings Direct selects Equifax as long term data partner

Hastings Direct, the technology driven insurance provider, has extended its relationship with Equifax, the consumer and business insights expert, in a multi-year deal.

/startups

Insurance giant Lloyd’s invests in startup Layr

Lloyd’s has confirmed it will invest in Layr, a cloud-based commercial insurance platform for small businesses, following a successful trial in the Lloyd’s Lab, which last week welcomed a second cohort of 12 InsurTech start-ups.

/Insurance

Confused.com to provide car and home insurance to six million uSwitch and Money.co.uk customers

Confused.com is bringing hundreds of pounds in savings to six million customers of Zoopla Property Group (ZPG) Ltd as the two join forces to deliver car and home insurance marketplaces for uSwitch and Money.co.uk.

/payments

Countingup and Hokodo partner to cover SME risk from late payments

Countingup, the UK’s number one small business banking and accounting app, has signed a partnership agreement with fintech start-up and insurance solutions provider Hokodo, in a move designed to lessen the risk faced by SMEs from late payments and unpaid invoices.

/Insurance

InsurTech startup Urban Jungle raises £2.5 million in seed funding

Insurance startup, Urban Jungle today announced a £2.5 million seed funding round with participation from a range of new and existing high profile Angel investors, including Rob Devey, ex CEO of Prudential UK, and Simon Rogerson, CEO of Octopus Group.

/startups

Insurtech Indio Technologies raises $20m

Indio Technologies, an insurance technology company that streamlines the business insurance application process, today announced it has secured $20 million in Series B funding.

/cloud

Insurance software firm Vertafore signs on with AWS

Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Vertafore, a leading software and data provider to the insurance industry, is migrating its business-critical products and workloads to the world’s leading cloud and has selected AWS as its standard for artificial intelligence and machine learning workloads.

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