Insurance

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/Insurance

Zurich Insurance Group launches platform for SMEs with CoverWallet

Zurich Insurance Group (VTX:ZURN), one of the largest global insurance companies, and CoverWallet, the tech company that is the easiest way to understand, buy, and manage business insurance online, today launched a platform for small and medium-enterprise (SME) insurance in Switzerland.

/Insurance

Copenhagen Fintech and the LHoFT sign MoU

Copenhagen FinTech (CPH FINTECH) and The Luxembourg House of Financial Technologies (The LHoFT) have signed a Memorandum of Understanding ("MoU") in order to foster innovation in the Wealth Management and Insurance industry.

/Insurance

Intesa Sanpaolo rolls out XME Salute digital health support service

In response to the Italian population’s growing need for medical care, the Intesa Sanpaolo Group has launched XME Salute to offer its customers a digital service that manages the booking of medical appointments in a fast and simple manner, while also providing significant discounts on healthcare services.

/startups

Berlin insurtech wefox lands $125 million in funding

wefox Group, the Berlin-based insurtech firm has successfully raised $125 million for its series B round led by Mubadala Investment Company through Mubadala’s newly created European Ventures Fund.

/payments

QRails acquires electronic healthcare and insurance provider Rete+Pay

QRails, Inc., a financial technology company offering a sophisticated payments platform with integrated processing and program management services, today announced that it has completed the purchase of Rete+Pay, a provider of integrated electronic healthcare and insurance payments solutions.

/retail

Car insurance outfit By Miles raises £5m

By Miles, the UK’s first real-time pay-per-mile car insurance provider, has successfully raised £5m in a Series A funding round led by Octopus Ventures.

/startups

Insurtech Axinan unveils igloo

Axinan, a Singapore-based insurtech firm today announced the launch of igloo, catering on-demand digital insurance solutions to the everyday lifestyle needs of today’s millennials.

/startups

InsurTech startup Sunday raises Series A funding of $10M led by Vertex Ventures

Redefining insurance is no easy task, but the investors behind Sunday, an under-the-radar startup, believe that the InsurTech has the right model and is set for massive growth in Southeast Asia.

/retail

DBS Hong Kong offers customers cyber insurance

With a digitally active population that is spending more of their lives online, there is an increasing need to protect against the risks of cyberbullying and cybercrimes, like identity theft, hacking, cyberstalking and harassment, which are a growing concern around the world, including Hong Kong.

/startups

Inshur closes $7M in Series A funding and a $2M credit facility

Following a record year of growth for the insurtech business, INSHUR has today confirmed it has closed a Series A investment round, securing $7M in equity funding and a further $2M credit facility.

/startups

Insutech CoverHound closes $58m Series D round

CoverHound, the property and casualty (P&C) insurance platform for digital distribution, today announced it has raised a $58 million Series D funding round.

/regulation

Zurich taps Systemorph for IFRS 17 reporting

Systemorph, one of the leaders in solutions revolutionizing data management for insurance companies and banks, today announced its IFRS 17 Reporting Solution was selected by Zurich Insurance Company Ltd. (Zurich) for achieving compliance with the new international reporting standard in a number of its local Life businesses.

/wholesale

Eurobase names Paul Bryson group operations director

Eurobase International Group is pleased to announce the appointment of Paul Bryson as Group Operations Director.

/startups

Zurich backs travel insurance startup Pluto

Pluto, a London-based travel startup, is challenging the travel insurance market by offering “travel insurance for people who don’t like insurance” to decrease the number of *millennials who put themselves under unnecessary risk when travelling without cover, with up to 60% of this audience choosing to travel without insurance.

/Insurance

Grab and ZhongAn Technognologies forge digital insruance joint venture

ZhongAn Online P&C Insurance Co., Ltd. (“ZhongAn” or “ZA Insurance”, HKEX stock code: 6060), the first Internet-based insurer in China, announced today that its subsidiary ZhongAn Technologies International Group Limited (“ZA International”), and Grab Holdings Inc. (“Grab”), Southeast Asia’s leading online-to-offline mobile platform, will establish a joint venture company (“JV”) to enter the digital insurance distribution business in Southeast Asia.

/retail

On-demand insurance startup Trov expands to more US states

The New Year is here (how are your resolutions going?) and we’re already checking off some of our goals for 2019. We’ve been busy obtaining state-by-state approvals for Trov’s innovative approach to insurance over the past months.

/retail

Legal & General introduces Nice virtual attendant robots

Nice (Nasdaq: NICE) today announced Legal & General, a leader in the insurance industry, has selected NICE Robotic Process Automation (RPA) to bring robotic intelligence into their service delivery approach.

/retail

SBC InsurTech teams up with Aon

SBC InsurTech, the award-winning provider of world-class innovation programs for the insurance industry, today announces a new collaboration with leading global professional services firm, Aon.

/Insurance

Yallacompare raises $8m in latest funding round

Dubai, UAE: yallacompare, the Middle East’s leading comparison site for financial products, has raised USD $8 million from existing VC partners and one new significant investor in their latest funding round.

/Insurance

Squirro brings AI to insurance market

Squirro, the augmented intelligence solutions provider, has today announced the launch of a new suite of applications that aim to transform elements of insurance, from underwriting and submission-handling, to improved lead generation and deeper customer insight.

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