Insurance

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Propel Ventures invests in insurtech startup Hixme

Propel Venture Partners, the San Francisco-based venture capital (VC) partnership in which BBVA is an investor, today announced its investment in Hixme – its sixth investment since the establishment of the U.S. fund in February this year.

/Insurance

Allstate partners MasterCard to provide quick payment for insurance claims

A debit card and e-mail address is all that’s needed now for Allstate to pay claims in an instant. QuickCard Pay is the latest and fastest payment method in the Allstate ExpressPay network.

/Insurance

Startupbootcamp secures £1 million investment from Eos to fund InsurTech cohort

Startupbootcamp InsurTech, the leading independent accelerator focused on early stage insurance startups and corporate innovation, announces agreement with Eos Venture Partners of up to £1 million in funding for the cohort joining its 2017 program.

/Insurance

Deloitte appoints Nigel Walsh to lead insurtech practice

Deloitte, the business advisory firm, has appointed insurance technology (InsurTech) expert, Nigel Walsh, as a partner in its insurance practice.

/Insurance

Snapsheet raises $20m to license virtual claims processing tech to insurance carriers

Snapsheet, the prominent provider of virtual claims technology and services, today announced the closing of a $20 million series C investment round, led by F-Prime Capital and IA Capital Group, with strategic participation from Liberty Mutual Strategic Ventures, Intact Ventures Inc. and a USAA subsidiary.

/Insurance

Aurora Exchange enlists Maiden Life and Mangopay for P2P lending platform

Aurora Exchange, a consumer loans exchange for responsible borrowers announced two major partnerships that pave way for bringing transparent and cost efficient consumer lending to the European market.

/Insurance

Atos scores long term Aegon contract

Industry leading digital services company, Atos UK&I, today announced it has secured a thirteen year contract with life and pensions provider Aegon to deliver its protection business processes.

/Insurance

Admiral's Italian unit chooses Guidewire insurance software

ConTe.it, a motor insurance provider, and Italian subsidiary of Admiral Group, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to general insurers, today announced that ConTe.it has chosen Guidewire core operational products for its technology platform.

/Insurance

Insurtech startup FinanceFox raises $28M in Series A

FinanceFox, Europe’s leading independent service platform for insurances, brokers, and consumers, announced today that it has raised $28M – the largest InsurTech round in Europe to date – led by Target Global and Horizons Ventures.

/Insurance

Eos Venture Partners targets insurtech market

A new company, Eos Venture Partners, has been set up to identify leading innovators in the insurance industry. It is an independent and highly-specialised Insurtech firm providing financing and advisory services for the sector.

/Insurance

Safebuilt Insurance Services launches online rating and policy management platform

Safebuilt Insurance Services, Inc. dba SIS Wholesale Insurance Services, a national commercial lines insurance program administrator, announces the launch of its new online rating and policy management platform, SIS Online 2.0.

/Insurance

On-demand insurance platform Trov hires former Salesforce exec Neil Sands

Trov, the revolutionary on-demand insurance platform, has announced the appointment of Neil Sands, former Salesforce Chief Experience Officer, as Head of Global Partnerships, with the company continuing to attract Silicon Valley's most talented.

/Insurance

Insurance app Back Me Up launches

A brand new app-based insurance cover launches today to revolutionise the way Millennials protect their possessions and experiences.

/Insurance

Xenomorph secures HSBC funding

Xenomorph, a provider of data management technology to banks, investment managers and insurance companies, has announced a significant new funding agreement from HSBC.

/Insurance

LexisNexis Risk Solutions acquires Insurance Initiatives

LexisNexis Risk Solutions, part of RELX Group, today announces the acquisition of Insurance Initiatives, Ltd. (IIL), a business which provides a data distribution platform that extracts, hosts and processes large quantities of data to deliver information predominantly into the point-of-quote in the UK's Property & Casualty Insurance industry.

/Insurance

Insuretch startups look to improve customer service

New research, based on more than 1,300 start-ups from across the world focusing on the insurance industry, highlights the potential for start-ups to improve the industry, a new report out from Startupbootcamp InsurTech and PwC today shows.

/Insurance

Charles Taylor InsureTech inks software licencing agreement with Fadata.

Charles Taylor InsureTech has extended its insurance systems capability following a major software licencing and implementation agreement with Fadata.

/Insurance

Stratumn and Deloitte unveil blockchain-based micro-insurance PoC

Stratumn, Deloitte and Lemonway unveil LenderBot, the first micro-insurance proof of concept for the sharing economy. This partnership demonstrates the potential of new applications and services for the insurance market.

/Insurance

Ernst & Young acquires Innovalue

Professional services firm EY (Ernst & Young) is acquiring Innovalue, one of the leading strategic advisory firms for the insurance sector in Germany as well as for payments in Europe.

/Insurance

UniCredit, MasterCard and GoSwiff launch mPOS service for Allianz-Tiriac insurance agents

GoSwiff, a global financial solutions provider, announced today with UniCredit, one of the major financial institutions in Romania, and MasterCard, operating the world’s fastest payments processing network, a partnership to launch mobile payments in Romania.

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