Insurance

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/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.

/retail

CoverWallet launches platform for insurance agents

CoverWallet, the leading insurtech company that makes it easy for small businesses to understand, buy, and manage insurance online, today announced CoverWallet for Agents, a dedicated platform for insurance agents.

/startups

Lloyd’s begins search for next wave of InsurTech innovators

Lloyd’s Lab, the innovator accelerator launched by the Lloyd’s market last September, is today launching a new global search for the next cohort of InsurTech innovators.

/Insurance

Certua launches enterprise insurance platform

The financial technology company Certua has today announced the launch of its Enterprise Insurance platform, allowing companies to access their full service platform, via API.

/startups

US insurance startup Lemonade makes European push

Great digital brands transcend borders. Whether in Chicago, Paris, or Singapore, today’s consumers listen to music on Spotify, ride with Uber, and stay at Airbnb.

/retail

Digital Insurance Group names Irene van den Brink chief commercial officer

The Amsterdam-based insurtech Digital Insurance Group, DIG, welcomes Irene van den Brink in the newly created role of Chief Commercial Officer.

/startups

Life insurance startup Anorak raises £5m

Anorak Technologies Limited, the smart data company on a mission to build the world’s smartest life insurance adviser, today announces it has secured £5m Series A from Kamet Ventures (startup studio backed by AXA), taking the total amount of investment to £9 million.

/startups

Insuretech Ethos closes $35m Series B round

Ethos, the company making simple, ethical life insurance, announced today that it has raised a Series B financing of $35 million led by Accel, a leading early and growth-stage venture capital firm. Additional participating investors include Google Ventures (GV), previous investors Sequoia Capital and Arrive, a subsidiary of Roc Nation, and a debt facility from Silicon Valley Bank.

/startups

Azur raises £13.3m

Azur, the Managing Digital Agent (MDA), has completed its series B funding round, raising £13.3m of funding and support from AIG, Ascot Group (owned by CPPIB, the Canada Pension Plan Investment Board), Hyperion Insurance Group and the serial fintech angel and entrepreneur Richard Little.

/startups

Insurtech Foxquilt raises CAD$1.2m

Foxquilt, a growing insurance financial technology company leveraging big data and AI to change the insurance landscape, today announced that the company has successfully raised CAD$1.2 million in a seed round of investment, led by Extreme Venture Partners.

/startups

Pay-as-you-go commercial insurance startup Coverly readies for launch

A new insurtech business targeting the SME market for on-demand, commercial insurance is set to shake-up the market in 2019.

/Insurance

So-sure to offer mobile phone insurance through the Starling Marketplace

Starling Bank today welcomes so-sure, the pioneering start-up mobile insurance company, to its in-app Marketplace. The partnership will mean that Starling customers will now be able apply for mobile phone insurance within minutes, directly from their Starling app.

/Insurance

Credit Karma expands into insurance

Credit Karma today announced its expansion within insurance. Launching today in California and Texas, Credit Karma’s members will be able to see what they could be paying for auto insurance based on what members like them are paying for the same coverage.

/startups

Insurtech Hokodo raises €1.9M led by Anthemis

Hokodo, a London & Paris based technology start-up providing B2B marketplaces and accounting platforms with small business insurance via easy-to-integrate APIs has raised €1.9M in seed funding. Hokodo’s Seed round was led by Anthemis, Europe’s leading VC focused on Fintech and Insurtech investments.

/Insurance

Simplesurance raises $11.5m

Only a few months after having announced the last financing round simplesurance receives the next high investment in the double-digit millions.

/Insurance

Barclays fund backs online reverse auction startup honcho

Barclays Northern Powerhouse Fund is supporting the UK’s first online reverse auction marketplace for financial services, honcho, which has received a £50,000 debenture facility.

/Insurance

Institutes RiskBlock Alliance enlists Deloitte for blockchain application development

The Institutes RiskBlock™ Alliance, a blockchain consortium representing 31 risk management and insurance companies, announced today that it has selected global professional-services organization Deloitte to help advance its blockchain application and product-development efforts.

/Insurance

AI-based insurtech secures £5m funding

Concirrus, the London-based InsurTech company leading the Marine and Motor Analytics market change, has raised £5 million in equity funding, bringing the total raised to £12 million.

John Hancock life insurance policies to track fitness data

/Insurance

John Hancock life insurance policies to track fitness data

A US life insurance provider is to start linking its policies to healthy living, tracking fitness and health data through Fitbits and Apple Watches.

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