Insurance

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/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.

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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.

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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.

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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.

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MetLife selects eight finalists for open innovation programme

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

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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.

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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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US Bank streamlines automated insurance payment process with Enservio

US Bank today announced a partnership with Enservio, Inc., a Solera Holdings, Inc. company, and the leading provider of contents claim management software, services, and payments solutions for property insurers.

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Insurance policies go completely digital with Element and simplesurance integration

Berlin-based Insurtechs ELEMENT and Schutzklick Makler, a brand of simplesurance, are bringing fully-digitalized insurance policies to market.

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Hoocht. adds home insurance to AI-powered services

Cutting-edge digital mortgage adviser Hoocht. has added home insurance to its AI-powered services, becoming the first financial services provider to join forces with insurtech disruptor Homelyfe.

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CommInsure introduces digital quotes and applications for life insurance

CommInsure has made it much easier and simpler for customers and their advisers to apply for life insurance with the launch of a new digital service, in partnership with UnderwriteMe Australia.

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AXA Strategic Ventures rebrands as AXA Venture Partners

AXA Strategic Ventures, the global venture capital firm, announces that from today the fund is rebranding and will be known as AXA Venture Partners.

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AxiomSL goes end-to-end for IFRS 17

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces the launch of its IFRS 17 solution, which offers an industrialised end to end process to efficiently address the highly intensive IFRS 17 requirements.

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Digital insurance startup to challenge Nordics SME payments market

A new digital insurance brand launched today is aiming to disrupt the Nordic SME payments market by revolutionising the way that smaller businesses protect themselves against bad debts.

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Corvil reports contract win

Corvil today announced one of America's most highly rated financial institutions, with more than $80 billion in assets under management, has implemented Corvil Security Analytics to deliver real-time network traffic visibility, user activity analysis and network forensics to provide more comprehensive cyber threat detection and faster incident response.