Category : Insurtech (Insure Tech)

Singapore’s Protos Labs Raises US$2.2M Seed Funding

Singapore-based cyber insurtech company Protos Labs announced that it has raised SG$3 million (US$2.2 million) in seed funding. The seed round was joined by BEENEXT, VinaCapital Ventures, Artem Ventures in partnership with FWD Insurance, Plug and Pla...

Lloyd’s syndicate HRP partners with insurtech Optalitix to transform underwriting

Hampden Risk Partners (HRP), a Lloyd’s syndicate primarily supported by Hampden Agencies, has successfully implemented Optalitix Quote, the underwriting workbench to transform underwriting. The workbench, created by insurtech Opalitix, a specia...

Igloo Partners OPPO and realme to Offer Smartphone Protection Plans

Singapore-based insurtech Igloo has partnered with smartphone brands OPPO and realme to offer protection and after-sales services for their smartphones. The partnership has launched in Singapore with OPPO and in the Philippines with realme, with plan...

Blog: Why is claims in such a mess?

Claims service is not in a good place at the moment and it is brokers who are having to pick up the slack. That is the view of Movo Partnership head of claims Liz Tytler, who suggests the right people, process and technology would go a long way to im...

bolttech Acquires Polish Embedded Protection Firm Digital Care

Insurtech firm bolttech has acquired Digital Care, an embedded protection company based in Poland. Financial details of the deal was not disclosed. The acquisition will serve to expand bolttech’s products, operational scale and distribution par...

bolttech Explores U.S. IPO, Could Materialise as Early as 2024

Insurtech firm bolttech is reportedly mulling over the prospects of a U.S. IPO, aiming to raise a sum in the ballpark of US$250 million and US$300 million, according to Bloomberg. While discussions are in progress, specifics related to the IPO, inclu...

Broker Expo 2023: Brokers need not fear getting ‘rinsed’ exploring AI adoption

Brokers need not go for a ‘big bang’ transformation programme when it comes to introducing artificial intelligence into their business; but gain confidence incrementally by experimenting and trying things.

Singlife Offers Free Life Insurance for One Year to SG Assist’s Caregivers

Local financial firm Singlife has partnered with social enterprise SG Assist to provide the first 200 caregivers who enroll in the latter’s new CaregiverCircle membership a free year of group term life insurance. The launch was marked on 15th O...

Insurance innovation hub Howden Ventures launches with £500m underwriting capacity

Global insurance group Howden has unveiled an innovative venture known as Howden Ventures, pending approval from Lloyd’s, aimed at accelerating insurance product development. Described by the broker as a world-first insurance innovation hub, th...

Jen Tan joins Artificial Labs as Head of Portfolio Strategy

Artificial Labs, a UK insurtech providing algorithmic underwriting technology to the commercial and specialty insurance market, has appointed Jen Tan as Head of Portfolio. Tan joins Artificial with 14 years’ experience in Lloyd’s and London Market pr...

Ecclesiastical teams up with Iprism on digital platform for brokers

Ecclesiastical and managing general agent Iprism have launched a digital platform providing cover for smaller not-for-profit organisations operating in the charity, education and faith sectors.

Acturis unveils API integration with insurtech

Acturis has partnered with insurtech FullCircl to integrate its SmartBroker solution into the platform.

Broker Expo 2023: Data “armistice” to lead to greater info sharing and better decisions

Sharing data across the industry will help insurers and brokers make more informed decisions for their customers, according to panellists at Broker Expo yesterday.

Theo Duchen, Lea Cheesbrough, Partners& and Marsh win big at UK Broker Awards 2023

Hailed as “a true technology entrepreneur”, Theo Duchen, co-founder of Acturis, pictured, won the Achievement Awards at the 2023 UK Broker Awards last night at the VOX, NEC, Birmingham.

InsuranceDekho raises $60m in second funding round of the year

India-based InsuranceDekho has raised $60 million Series B funding, a mix of equity and debt, as the startup looks to supercharge its growth. The round was led by Eurazeo, through its insurtech fund backed by the insurer BNP Paribas Cardif, Japan’s M...