Insurance

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/Insurance

Zurich launches international startup competition

Zurich Insurance Group (Zurich) has launched the Zurich Innovation World Championship, its new global competition to collaborate with the brightest and best start-ups and entrepreneurs in the insurtech space.

/Insurance

Kingdom Trust secures insurance for custodied digital assets through Lloyd’s of London

Kingdom Trust, the first regulated financial institution to offer qualified custody for digital asset investments like Bitcoin and Ethereum, has secured insurance for digital assets held on its qualified custody platform through one of the world’s most respected insurers, Lloyd’s of London.

/Insurance

SmartPesa introduces integrated insurance agent policy payment

Singapore-based FinTech company SmartPesa is pleased to announce that it is enabling Tune Protect Malaysia (TPM) to use its next-generation payment solutions.

/Insurance

Protean Risk appoints Tristan Sargeaunt director, fintech and payment services

Protean Risk, a specialist insurance broker for asset management, financial services, and technology firms, have appointed Tristan Sargeaunt as Director of Fintech and Payment Services, where he will spearhead the development of distinct insurance solutions for firms operating in this area.

/Insurance

Insurance sector to trial blockchain tech for dispute resolution

The insurance sectors’ experiment with Blockchain technology is due to take place to help resolve disputes with car-liability claims in the pre-litigation phase.

/Insurance

Axis launches digital venture vehicle for InsurTech

AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS), today announced the launch of AXIS Digital Ventures, a new unit that will lead enterprise-wide efforts to partner with entrepreneurial companies focused on data and analytics with high value (re)insurance applications, new product opportunities including emerging risks, and new distribution and (re)insurance business models.

/Insurance

Rabobank and Friss unlock the value of Iban-Name Check for insurers to reduce fraud

Insurance companies can now also use the IBAN-Name Check, an innovative service that checks whether the name and the IBAN number match.

/Insurance

Next Insurance closes $83m Series B funding round

Next Insurance, the leading digital insurance company for small businesses, announced today that it has raised $83 Million in a Series B Round.

/Insurance

Fineqia buys stake in blockchain insurance company

Fineqia International Inc. (the "Company" or "Fineqia") (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) is pleased to announce it is taking an equity allocation in Black Insurance ("Black"), a digital insurance startup on the blockchain.

/Insurance

CoverWallet launches commercial insurance API

CoverWallet, the tech startup that makes it easy for small businesses to understand, buy, and manage insurance online, today launched the first API for commercial insurance.

/Insurance

B3i selects Corda blockchain platform

B3i, The Blockchain Insurance Industry Initiative, has announced it will build its applications and business network on the Corda blockchain platform.

/Insurance

Lemonade files suit against One Insurance

Lemonade today filed suit against ONE Insurance, its parent, wefox Group, and founder, Julian Teicke. Any proceeds will go to Code.org.

/Insurance

Zurich invests in InsurTech startup CoverWallet

CoverWallet, the startup that makes it easy for businesses to understand, buy, and manage insurance online, today announced that Zurich Insurance Group (VTX: ZURN), one of the largest global insurance companies, has acquired a minority stake in the company.

/Insurance

InsurTech startup Laka raises £1.1 million seed round

Browne Jacobson’s corporate team has advised on another InsurTech venture capital deal – assisting crowd insurance pioneer Laka on its £1.1m (US $1.5m) seed round.

/Insurance

World’s first blockchain platform for marine insurance now in commercial use

EY, Guardtime, A.P. Møller-Maersk, Microsoft and insurance industry leaders Willis Towers Watson, XL Catlin, MS Amlin and ACORD announce members of the marine industry are using Insurwave, a blockchain platform to support marine hull insurance.

/Insurance

Insurance customers increasingly open to Big Tech

While insurance companies struggle to deliver a superior customer experience, BigTech[1] firms are poised to enter the insurance industry.

/Insurance

MetLife selects eight finalists for open innovation programme

MetLife today announced eight finalists for its open innovation programme, collab 3.0 EMEA.

/Insurance

Anorak uses TrueLayer’s API to open up life insurance market

TrueLayer, a leading provider of financial APIs, today annoucnes it has partnered with smart independent insurance adviser Anorak to enable the first application of PSD2 into the life insurance market.

/Insurance

Honcho receives FCA authorisation to disrupt price comparison sector

THE UK’S first online reverse auction marketplace for financial services, honcho, which recently secured £830,000 of investment, is undergoing a new stage of growth and has received formal authorisation from the Financial Conduct Authority (FCA).

/Insurance

Simplesurance raises $24 million in Series C funding

Berlin-based startup simplesurance, a leader in the InsurTech industry developing an insurance service platform, receives 24 Million Dollars in the final Series-C Round.

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