Category : Insurtech (Insure Tech)

Stubben Edge buys finance platform Finpoint

UK-based insurtech Stubben Edge has acquired credit broker Finpoint for an undisclosed sum.

Canopius provides $50m of coverage for digital assets firm

Global specialty re/insurer Canopius Group has provided $50 million of insurance coverage for digital assets financial services ecosystem, Matrixport. The coverage applies to digital assets help in cold storage with Cactus Custody, the institutional...

Guidewire names Will McAllister SVP, Managing Director, EMEA

Guidewire, a software company that offers an industry platform for property & casualty (P&C) insurance carriers in the US and worldwide, has appointed Will McAllister, as Senior Vice President, Managing Director, EMEA. Within this role, McAll...

Lemonade partners with Aviva amid UK launch

US-based insurtech Lemonade has launched in the UK, entering a long-term, strategic partnership with Aviva. Lemonade states that residents across the UK can now get access to its insurance contents instantly, from anywhere, on any device, as well as...

BGL Insurance prioritises talent and digital following Markerstudy deal

Managing director of distribution at BGL Insurance, Laura Mullaney highlights the brokers’ main focuses after its takeover by Markerstudy.

wefox urges global insurance industry to improve customer experience

Berlin-based insurtech, wefox, is calling on the insurance industry to improve customer experience after its Global Safety Report results revealed there is widespread dissatisfaction and lack of trust in the industry. At the same time, the report fou...

Duck Creek Producer to expand internationally

P&C solutions provider Duck Creek Technologies has announced the international expansion of Duck Creek Producer – a platform for enhancing the relationships between insurers and brokers and accelerating speed-to-market for distributing new produc...

PlanetWatchers raises $11m funding for expansions plans

Crop monitoring and technology company, PlanetWatchers, has raised $11 million as part of its Series A funding round, as part of the company’s expansion plans. The company uses advanced machine learning to support crop insurers and the agricultural i...

Sensa hires industry veteran as Chief Operating Officer to drive growth in the US

Proactive insurer and insurtech, Sensa, has appointed Steven Brown as Chief Operating Officer (COO) Brown brings over 35 years of property and casualty (P&C) insurance experience towards the role. He joins from software company, The Floow Ltd, wh...

Guy Carpenter goes into partnership with analytics firm TNEDICCA

Guy Carpenter has entered an agreement with analytics firm TNEDICCA that will enable the former to deliver enhanced auto analytics to its insurance carrier clients. Under the deal, Guy Carpenter said it will use TNEDICCA’s location risk products for...

MLTPLY launches insurtech startup Proxima

MLTPLY has announced the launch of Proxima, an insurtech startup that offers insurance companies software to develop and support its staff and expand IT, customer service, sales, underwriting and claims capabilities. Proxima currently operates in Lat...

Google and Travelers’ team up on ‘connected data ecosystem’

Google Cloud and Travelers’ are to work together on a ‘connected data ecosystem’ that the two say will enhance the commercial insurance underwriting process. The partnership between the firms will, they said in a statement, will quickly synthes...

Pie Insurance raises $315mn Series D round of funding

Pie Insurance, a leading tech-enabled provider of workers’ compensation insurance to small businesses, has raised a $315 million Series D round of funding. The round was led by Centerbridge Partners and Allianz X, the digital investments arm of Allia...

Tremor develops Sandbox marketplace to demo transactions

Reinsurance pricing and placing platform provider Tremor Technologies has announced the launch of a fully featured Sandbox version of its marketplace where mock transactions can be conducted as a buyer or seller of reinsurance protection. Tremor Sand...

Underwriting platform Federato secures $15m in funding

Federato, a portfolio strategy and underwriting platform for the insurance industry, has raised $15 million in Series A funding, led by Emergence Capital, with participation from Caffeinated Capital and Pear. Other backers include Niranjan Sabharwal,...