on-demand insurance News

Insurtechs Neptune, Hippo Unite Home, Flood Insurance Online for Speedy Purchasing

Flood insurance company Neptune Flood has partnered with online Hippo Insurance to provide consumers with quick access to flood insurance as part of purchasing of home insurance. Hippo promises quick processing and modernized home insurance coverage at a savings. It …

Insurtech Trov Now Selling in 7 Additional States and D.C.

Insurtech Trōv is now offering its on-demand online, single-item insurance products in seven additional states and the District of Columbia. Trōv has now expanded into Alabama, Arkansas, Georgia, Hawaii, Iowa, Michigan, Tennessee and Washington, D.C. The insurtech company had previously …

JLT Re Partners with Insurtech for Auto Insurance MGA Pact

Reinsurance broker JLT Re North America is partnering with Pact Insurance, a personal auto insurtech company, to develop digital insurance products for mobility risks. Pact is a managing general agency headquartered in San Francisco and currently offers low cost, on-demand …

Slice Now Offering On-Demand Insurance Cloud Services Platform to Insurers in UK, EU

Slice Labs Inc. said it is now making its Insurance Cloud Services (ICS) available in the United Kingdom and across the European Union. The ICS allows subscribing insurers to Iaunch on-demand insurance products customised to locale, language and demographics. In …

The Hartford Acquires Sharing Economy Insurance Specialist Y-Risk

The Hartford has purchased Y-Risk, a managing general underwriter that specializes in serving sharing and on-demand economy risks, from Allstar Financial Group, an Atlanta-based holding company with multiple specialty managing general agencies across the country. Unionville, Connecticut-based Y-Risk’s customer mix …

Insurtech Profile: The Evolution of Slice and Future of Insurance

Insurtech Slice, which offers its own on-demand rideshare and homeshare products, now also provides cloud services for carriers wanting to offer their own on-demand products. The growing digital insurer and services provider recently closed a $20 million funding round to …

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, …

Lafreniere Joins Slice Labs as Chief Growth Officer to Work with Insurers

On-demand insurance platform Slice Labs Inc. has hired Philippe Lafreniere as chief growth officer to work with carriers on the development of digital insurance products serving business and consumers. Lafreniere brings 25 years of global insurance technology experience to the …

Chubb Invests in Startup Bunker to Develop Gig Worker Insurance

Bunker and Chubb are working together to develop new insurance products focused on freelance workers. Chubb has also become a minority investor in Bunker, committing at least $2 million to the startup digital broker and its focus on the small …

Insurtech Slice Wants to Rent Its On-Demand Platform to Others to Launch Products

Slice Labs, the developer of on-demand, pay-per-use insurance for homeshare companies and others, has started offering use of the platform it created to outside insurers and startups seeking to launch new products. Slice co-founder and CEO Tim Attia told Carrier …