insurtech 2018 News

Softbank Plans Big Push into Insurance Investments

Softbank’s Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a Vision Fund executive told Reuters. In …

Berlin Insurtech Startup Simplesurance Sets Sights on U.S. for Future Expansion

Simplesurance founder and CEO Robin von Hein sat down last year with Insurance Journal’s sister publication, Carrier Management, to discuss the company’s strategy. Based on the edge of Berlin’s trendy Mitte district in bright, open offices, Simplesurance is yet another …

Get Ready for the Insurtech Revolution, Act 2

The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and more efficient to buy and sell, and …

UK Venture Capital Fund Eos Makes First Two Insurtech Investments

Eos Venture Partners’ strategic insurtech fund has made its first two investments. The UK-based specialist venture capital fund, working through its debut EVP 1 fund, committed early financing to Concirrus, a marine insurance analytics platform and Digital Fineprint (DFP) which …

15 Most Popular Insurtech Stories

News about insurtechs happens almost every day. This week, innovation and insurtech will be on the minds of many as an estimated 6,000 insurance professionals and entrepreneurs meet in Las Vegas for the InsureTech Connect Conference. Before the news from …

Slice Labs Raises $20M for Its On-Demand Platform for Insurers

Cloud services provider Slice Labs has raised an additional $20 million that it will use to expand its cloud services for on-demand insurance products globally. The Series A funding round was led by The Co-operators with participation from XL Innovate, …

Berlin-Based Insurtech Firm Coya Launches with Home Content Insurance – as a Start

Insurtech startup Coya has launched home content insurance cover, designed to be “affordable, transparent and easily accessible.” But Berlin-based Coya said home insurance is just the start and many other forms of insurance are planned. Coya’s flexible contracts can be …

GC Genesis, Guy Carpenter’s Insurer-Insurtech Matchmaker, Aims to Prevent Bad Relationships

Insurtech is often touted as the cure that will solve the insurance industry’s inefficient and antiquated processes – from distribution, to underwriting, to claims. While many insurers want to investigate the benefits of insurtech partnerships, most don’t have the first …

Zurich Insurance Begins Competition to Find Cutting-Edge InsurTech Startups

Zurich Insurance Group believes a competition will help it find cutting-edge startups and entrepreneurs with whom to collaborate in the insurtech space. The Swiss insurer launched what it is calling the Zurich Innovation World Championship, billing it as a global …

Insurance Premiums from Insurtech to Exceed $400 Billion by 2023: Study

Insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a new study from U.K.-based Juniper Research. The study found that while insurtech enables rapid transformation of …