Insurance

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/Insurance

SimCorp acquires APL Italian for EUR35 million

Today, SimCorp has signed an agreement to acquire all shares in APL Italiana S.p.A. (APL Italiana) for a total enterprise value of EUR 35m.

/Insurance

FCA adds systemsync to sandbox scheme

Systemsync, a UK Fintech firm, has today announced it has been chosen by the Financial Conduct Authority to participate in the second cohort of its Sandbox scheme. systemsync (which owns and operates pensionsync: the technology platform that connects payroll to pension providers) will launch its employee benefits life insurance distribution platform, benefits.market, in the Sandbox innovation program.

/Insurance

N26 embeds insurance robo-advisor Clark

Clark, the leading german insurance robo-advisor, expands its integration base with german Banks.

/Insurance

Credit insurance provider Atradius launches digital platform

Credit insurance provider Atradius has announced the launch of its new digital platform called Atrium, an innovative tool which provides customers and distribution partners with real-time data to better understand buyers, credit limits, and how much risk a company poses.

/Insurance

DFS Lab invests $250,000 in four African fintechs

Digital Financial Services Lab (DFS Lab) today announced it would invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets. Inclusive (based in Ghana), Pula (based in Kenya), Pezesha, (based in Kenya), and Teller, (based in the United States), were each selected for financing after presenting their products at DFS Lab's Fintech BootCamp in Sri Lanka earlier this year.

/Insurance

Digital Fineprint selected by ConVista

ConVista’s OneDigitalOffice digital front office platform, today announced its partnership with Digital Fineprint, a London, UK based Insurtech startup that is building the industry standard technology solution that uses consumers’ social media information to optimize the insurance policy purchasing journey.

AIG and Standard Chartered run multi-national insurance policy via DLT

/Insurance

AIG and Standard Chartered run multi-national insurance policy via DLT

American International Group, IBM and Standard Chartered Bank have converted a multinational, controlled master policy written in the UK, and three local policies in the US, Singapore and Kenya, into a 'smart contract' that provides a shared view of policy data and documentation in real-time.

/Insurance

Blockchain startup Insurex initiates crowd sale

Insurance blockchain startup InsureX has announced that it will open its crowd sale on 11 July at 14:00 UTC.

BNP Paribas jumps into virtual reality

/Insurance

BNP Paribas jumps into virtual reality

BNP Paribas is the latest financial services firm to dabble in virtual reality, unveiling a VR-based app for retail banking customers and a 'teleportation' capsule for home buyers.

/Insurance

Sberbank moves into e-medicine sector

Sberbank announces closing a transaction to purchase a controlling stake in DocDoc.ru, the leading company on the Russian e-medicine market.

/Insurance

Speech recognition startup wins Metlife Singapore event

LumenLab, MetLife’s Singapore-based innovation center, this evening announced Uniphore as the winner of its inaugural corporate-startup engagement program, collab, following the demo day which took place today in Singapore.

/Insurance

MassMutual rolls out Eagle insurance accounting and data management tech

Eagle Investment Systems LLC, a BNY Mellon company, announced today that Massachusetts Mutual Life Insurance Company (MassMutual) has implemented Eagle’s insurance accounting and data management solutions to meet its future investment-information needs.

/Insurance

Ageas to use AI for claims handling

Ageas is set to be the first UK insurer to use Artificial Intelligence (AI) technology across its award-winning motor claims management, working in partnership with Tractable, the AI technology specialists.

/Insurance

Startupbootcamp InsurTech graduate, CBien, raises €8 million

CBien, the leading European digital asset management platform located in Paris, Nantes and Hamburg, has raised €8 million from its existing shareholders MAIF, MACIF and 5M Ventures.

/Insurance

Next Insurance closes $29m Series A funding round

Next Insurance, a leading digital insurance company for small to medium businesses, announced today that it has raised $29 million in a Series A funding round led by Munich Re/HSB Ventures along with Markel, Nationwide, and other existing investors.

/Insurance

BearingPoint invests in Nordic InsurTech startup Tribe

As part of its Ventures activities, BearingPoint has invested in the Oslo-based start-up Tribe.

/Insurance

Robo life insurance startup Certua to launch in UK

Certua, a data driven fin-tech company has today announced its intention to launch to market in 2017.

/Insurance

Allianz invests in Lemonade

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, today announced a strategic investment by Allianz, the world's largest insurance company.

/Insurance

R3 and Acord team on insurance DLT centre of excellence

Financial innovation firm R3 has partnered with ACORD (Association for Cooperative Operations Research and Development) to launch a Centre of Excellence for distributed ledger technology (DLT) in the global insurance industry.

/Insurance

InsurTech startup Trov closes $45 million Series D financing

Trov, the technology company revolutionizing insurance for the tech-empowered consumer, today announced that it has closed $45 million in Series D funding led by Munich Re / HSB Ventures, bringing its total funding to just over $85 million.

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