London-based insurtech Zego has partnered with e-scooter company, Ginger, to provide insurance for the UK’s first ever e-scooter trial, which has just launched in the Tees Valley, a city region in the north east of England. The partnership follows the …
Following the COVID-19-induced slowdown in global insurtech investment during the first months of 2020, insurtech firms raised $1.56 billion during the second quarter. The total, up 71% over Q1, was driven in part by later-stage investments, including four “mega-rounds” in …
Branch, an insurtech startup focused on bundling digital home and auto insurance, is eying national expansion through 2021 after nailing down $24 million in new financing. The managing general agent (MGA) also plans to add a reciprocal exchange to its …
Travel insurance provider battleface announced a new COVID-19 travel insurance package. The new policy will give travelers the peace of mind they have been looking for to venture out safely, including to countries currently advised against traveling to by the …
Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the first of India’s mega-startups to debut as its digital economy booms. The startup plans to secure about $250 million in …
A Canadian insurtech focused on small business insurance said it raised $3.5 million in seed financing. Foxquilt, a Toronto-based MGA startup, said the funding will help it become a full-service insurance provider with a self-serve platform. This will enable customers …
Lloyd’s has started work with three insurtech startups to help the market respond to the COVID-19 pandemic. As part of its package of measures to respond to the COVID-19 pandemic, Lloyd’s has expanded the scope, process and timings for new …
Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture, the professional services company, have announced the winners of the fifth annual Innovation in Insurance Awards during a virtual awards ceremony. The awards competition, …
Nationwide, eyeing the possibilities with technology startup Planck’s small commercial insurance data platform, has joined the company’s latest financing round. Planck recently raised $16 million in a Series B venture financing round led by Team8 Capital. All existing investors including …
Insurtech Zego has partnered with global telematics firm ABAX in a move designed to drive down the cost of insurance for fleet owners. While some fleets already use on-board telematics devices to improve efficiency, many still operate without them, said …
