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/Insurance

Startupbootcamp InsurTech identifies 23 promising startups

Startupbootcamp InsurTech, the leading accelerator focused on early-stage, insurance technology startups and corporate innovation, announces the top 23 globally diverse startups chosen to participate in its Selection Days.

/Insurance

SoFi and protective team on life insurance for millennials

SoFi and Protective together announced a new term life insurance offering that provides up to $1 million in coverage through an easy, online application with competitive pricing and no medical exam for a majority of people under 40 – available today.

/Insurance

Fintech startups urged to join Pension Dashboard scheme

A final call is going out for FinTech developers who want to get involved and collaborate on the Pensions Dashboard prototype.

Admiral forced to pull plans to use Facebook posts to adjust car insurance premiums

/Insurance

Admiral forced to pull plans to use Facebook posts to adjust car insurance premiums

Admiral Insurance has run into hot water with privacy groups and Facebook over plans to launch a new policy for first-time car buyers that uses social media profile data to calculate premiums.

/Insurance

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.

China emerges as fintech powerhouse as UK dominance weakens

/Insurance

China emerges as fintech powerhouse as UK dominance weakens

The UK's position at the centre of the fintech world is under threat as its top companies become overshadowed by Chinese giants, a new report from KPMG and H2 Ventures suggests.

/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.

Blockchain-based smart contracts to save FS customers billions - Capgemini

/Insurance

Blockchain-based smart contracts to save FS customers billions - Capgemini

Blockchain-based smart contracts will transform the financial services industry, saving punters billions of dollars in fees for things such as mortgage applications and auto insurance, claims a Capgemini report.

/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.

P2P insurance startup Lemonade launches with charity pledge

/Insurance

P2P insurance startup Lemonade launches with charity pledge

Lemonade, a peer-to-peer insurance company, has launched in New York state, where it hopes to take on traditional players through a mix of clever technology and a charitable component.

/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.

Deutsche Bank teams up with accelerator to back fintech startups

/Insurance

Deutsche Bank teams up with accelerator to back fintech startups

Deutsche Bank is joining forces with startup accelerator Axel Springer Plug and Play to back banking and insurance startups with cash and other support.

/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.

R3 eyes insurance sector as MetLife comes onboard

/Insurance

R3 eyes insurance sector as MetLife comes onboard

The R3 blockchain consortium is moving in to the rapidly growing insurtech arena, welcoming MetLife as its first multinational insurance industry member.

Canadian fund raises $20 million fintech investment pot

/Insurance

Canadian fund raises $20 million fintech investment pot

Toronto-based Impression Ventures Fund has raised C$20 million to invest in early-stage Canadian financial technology companies.

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