Insurtech Funding Reaches $4.4 Billion to Date in 2019, Blowing Past Full-Year 2018 October 25, 2019 Insurtech funding levels, reaching almost $4.4 billion in worldwide funding commitments through three quarters of the year, has already surpassed...
China’s Ping An Insurance to Spend $22B on Tech, From AI to Blockchain October 24, 2019 By Bloomberg News Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their...
Insurtech FRISS and Munich Re Extend Partnership to Support Insurers Fighting Fraud October 8, 2019 FRISS, the insurtech provider of AI-powered anti-fraud solutions for the P&C insurance industry, has extended its partnership with Munich Re...
Root Insurance Raises $350 Million in New Round; Valuation Reaches $3.65 Billion September 9, 2019 Root Insurance, which uses smartphone technology to gauge driver behavior and price policies, said it has raised $350 million in...
Lloyd’s Selects 11 Insurtechs to Support Its Future-at-Lloyd’s Project August 1, 2019 Lloyd’s welcomed 11 new teams of insurtech disruptors to join the re/insurance market’s innovation accelerator. More than 130 applications were...
Why Agencies Shouldn’t Be Afraid of Insurtech and Need to Adopt It – Now July 31, 2019 By Amy O'Connor There’s been a barrage of insurtech products hitting the market for several years now, creating confusion for some agency owners...
With $100M in New Financing, Digital Agency Hippo Plans Further U.S. Expansion July 30, 2019 By Mark Hollmer Online insurance agency Hippo Insurance said it has secured a $100 million financing round that will help propel a broader...
High Levels of Global Insurtech Investments Continued During Q2: WTW July 29, 2019 Insurtech investment worldwide continued at high levels during the second quarter of 2019, marking the fourth consecutive quarter during which...
African Telecom Firm Africell Plans to Expand in Micro-Insurance, Mobile Payments July 26, 2019 By Elias Biryabarema African telecom firm Africell plans to spend part of a $100 million U.S. credit line on expanding its infrastructure and...
Greenlight Re Invests in New Zealand Insurtech Startup Cove July 23, 2019 Greenlight Re Innovations (GRI), a subsidiary of specialist property and casualty re/insurer Greenlight Capital Re Ltd., announced it has made...