Insurance

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/Insurance

Simplesurance forms distribution partnership with Numbrs

Simplesurance, one of the leading InsurTech companies, based in Berlin and Tokyo has expanded its partner network with a new in-app partnership with Numbrs, the leading independent financial app in the German market. The two companies announced this today.

/Insurance

Tech Mahindra partners Adjoint on blockchain-based enterprise financial management and insurance

Tech Mahindra, a leading provider of digital transformation, consulting and business reengineering services and solutions, and Adjoint, a global leader in innovative financial technology, have announced industry’s first Blockchain solution for secure enterprise financial management and insurance services across locations to create a seamless and reliable customer experience.

/Insurance

UK insurtech partners with Manulife for travel insurance

Blink, part of Leeds headquartered CPP Group Plc, has partnered with Manulife, one of Canada’s largest travel insurers, to support the roll-out of tailor-made, real-time flight disruption insurance services to its customers.

/Insurance

ndigit makes board appointments

To reflect its strong growth and expanding international presence, ndgit GmbH has sharpened its corporate identity (CI) to emphasise its strategic mission to be the technological backbone for connected banking and insurance.

/Insurance

Life insurance fintech startup Ethos raises $60 million

Ethos, the company making simple, ethical life insurance, today announced it raised a $60 million Series C financing led by GV (formerly Google Ventures).

/ai

Lloyd’s syndicate and Previse collaborate to tackle slow invoice payments

Beat Syndicate 4242 of Lloyd’s has become the first globally to insure the instant payment of business to business invoices against dilution risk, creating a brand new category of insurance for pre-approval invoice payments.

/payments

bsurance signs AXA as third major insurance partner

The Austrian insurtech startup bsurance has won the services of FinTech startup cashpresso, also from Austria, as a cooperation partner.

/Insurance

SafeCharge applies Visa Direct at InsurTech company Seeto

SafeCharge (AIM: SCH), the partner of choice for businesses who demand more from payment technology, has announced a new collaboration with Visa Direct, Visa’s real-time push payments platform, helping to power faster payouts for insurance-as-a-service company Setoo.

/retail

Tata CS completes first phase of Scottish Widows transformation project

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT, consulting and business solutions organisation, has crossed a major milestone by successfully completing the first phase of implementation of the TCS BaNCS Insurance Platform as part of a business transformation programme for Scottish Widows, the life and pensions arm of Lloyds Banking Group.

/regulation

ClauseMatch moves into InsurTech following Lloyd's Lab pilot

ClauseMatch, an award-winning software technology company that enables financial institutions to comply with their internal corporate governance documentation (such as standards, procedures, controls) has presented the results of its pilot project as part of Lloyd’s Lab second cohort.

/inclusion

Digital challenger Airfox inks Mastercard and Zurich deals

Airfox, a startup providing transformative financial services to emerging markets, today announced a partnership with Mastercard Brazil that vastly extends the availability of affordable and cost-free banking solutions with 1% cashback to customers.

/wholesale

Lloyd’s of London appoints Jennifer Rigby COO

Lloyd’s of London announced today that Jennifer Rigby has been appointed Chief Operations Officer (COO).

/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.

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