Category : Insurtech (Insure Tech)

AXA-backed insurtech Sayata Labs adds King Flynn from Beazley

Sayata Labs, an insurtech start-up focused on cyber risk assessment for insurers and SMBs, has appointed King Flynn as head of insurance. Flynn joins the Sayata executive team and will report to Chief Executive Officer, Asaf Lifshitz. As head of insu...

Berkshire Hathaway unit looks to AI with CLARA analytics deal

Berkshire Hathaway Homestate Companies has selected CLARA analytics, a provider of artificial intelligence technology in the commercial insurance space, as it looks to advance its workers’ compensation claims operations. BHHC will integrate the full...

Romero and Qlaims partner on commercial property support

Broker can now offer claims support and loss recovery insurance to commercial property clients.

Sompo releases travel insurance product in Thailand with Slice Labs

Sompo Holdings (Asia), part of international insurer Sompo Holdings, has partnered with Slice Labs, an on-demand insurance platform, to release a joint travel insurance product in Thailand called TravelJoy. The product will include life and medical,...

Getsafe partners with Hiscox for UK launch

German MGA Getsafe, which offers digital contents insurance, was established two years ago.

SCOR automates financial processes with Accenture tech

SCOR has improved the efficiency of its internal functions by utilising technology from professional services firm Accenture, which has enabled the reinsurer to automate financial processes, among other benefits. Previously, many of SCOR’s key proces...

Ex-Covéa boss Cooter joins InsurTech Quotall

Cooter, who left Covéa in April 2019, said the appointment would allow him to “try something different”.

Insurtech Corvus secures $32mn in venture funding

Boston-based insurtech firm Corvus has secured $32 million in a Series B round of venture funding, led by Telstra Ventures. As part of the funding arrangement, Marcus Bartram, Partner at Telstra Ventures, will now join Corvus’s Board of Directo...

Grab Enables In-App Travel Insurance for As Low as $1 Per Day

Grab and Chubb announced today the launch of Travel Cover — an on-demand travel insurance service that Grab users can purchase within the app. The product is distributed by GrabInsure Insurance Agency, Grab Financial Group’s insurance platform....

QOMPLX secures 12 US tech patents in 2019

QOMPLX, an intelligent decision platform provider startup formerly known as Fractal, has announced that it was awarded 12 US patents for innovations in 2019. The patents, which span cybersecurity, insurance, finance and data infrastructure, allow QOM...

Insurtech start-up fund Brewer Lane Ventures launches

Brewer Lane Ventures, a fund focused on investing in insurtech start-ups, has announced its launch, and the appointment of key members of its team. The company was founded by John Kim, the former President and Chief Investment Officer at New York Lif...

SSP adds Policyfast to e-trading platform

Provider specialises in insurance for food and hospitality businesses.

Hiscox partners with Concirrus to drive digitalisation

Hiscox London Market, one of the oldest Lloyd’s of London syndicates, has entered into a partnership with InsurTech Concirrus in an effort to deliver progressive, analytics-based underwriting. Under the terms of this new multi-year deal, Hiscox...

Amanda Blanc’s latest role announced

The former Axa UK boss has joined claims insurtech RightIndem as non-executive chair of the board.

WTW & eBaoTech to provide one-stop insurance middle office platform

Global re/insurance broker Willis Towers Watson (WTW) has entered into a new partnership with digital insurance solution provider, eBaoTech, to offer a bundled solution designed to accelerate digitisation across the industry. This new collaboration s...