Insurance

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Deutsche Bank, Allianz and Auto1 create car financing platform

/Insurance

Deutsche Bank, Allianz and Auto1 create car financing platform

Deutsche Bank has teamed up with Allianz and used car marketplace Auto1 to set up a new firm offering financing and insurance to vehicle dealerships.

/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.

Jay Z and Will Smith back insurtech startup Ethos

/Insurance

Jay Z and Will Smith back insurtech startup Ethos

Jay Z, Robert Downey Jr, Will Smith and Kevin Durant have added some celebrity glamour to an $11.5 million funding round for insurtech startup Ethos Technologies.

ING and AXA build digital insurance platform

/Insurance

ING and AXA build digital insurance platform

Dutch banking giant ING and France's AXA are teaming up to build a global digital insurance platform.

HSBC promises $17bn investment in technology

/Insurance

HSBC promises $17bn investment in technology

Europe's biggest bank HSBC is planning to invest between $15-$17bn in new technology as part of a new growth strategy announced by its chief executive John Flint.

/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.

/Insurance

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.

/Insurance

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.

AIB introduces in-app travel insurance

/Insurance

AIB introduces in-app travel insurance

Irish bank AIB has added a new feature to its mobile app, enabling customers to buy travel insurance with a handful of clicks.

/Insurance

MetLife selects eight finalists for open innovation programme

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

/Insurance

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.

/Insurance

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.

ANZ and IBM explore application of DLT in insurance sector

/Insurance

ANZ and IBM explore application of DLT in insurance sector

ANZ, IBM and Suncorp New Zealand have joined forces in an exploratory effort to use distributed ledger technology to help make the data transfer and payment reconciliation process faster and more transparent between brokers and insurers.

/Insurance

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.

/Insurance

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.

/Insurance

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.

/Insurance

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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