The InsurTech Committee of the FinTech Association of Hong Kong [FTAHK] is pleased to announce the launch of Hong Kong’s first interactive InsurTech map, capturing Hong Kong’s vibrant InsurTech ecosystem on a single page.
CPP Group’s insurtech business, Blink Parametric, has announced that it will be working with Lloyd’s of London to design its first parametric proposition for commercial insurance lines. Blink recently confirmed its selection onto the fifth cohort of the prestigious Lloyd’s Lab innovation accelerator programme. The 10-week programme started on Monday (7th September) with Blink having a specific focus on new insurance products and markets.
INSTANDA, the leading customer and policy management platform for the insurance industry, and Capco, the global management and technology consultancy, and have today announced a new partnership that leverages technology and data to further accelerate ongoing digital transformation in insurance.
Altaworld announced all women speaker panel for its upcoming Women in Insurance Tech Virtual Conference celebrating insurance industry's foremost women of influence and leadership. All women speaker panel consist leader from companies such as Cover Genius, Auto Club Group, OCC, Anthemis, Akur8 and more. Scheduled to be hosted virtual on 29 July 2020, the conference will bring 100+ decision makers, both men and women, to learn lessons, forge... more
Inclusivity Solutions, the company that designs, builds, operates and innovates digital insurance solutions, has secured an additional US$ 1.3 million in its second tranche of its Series A round, bringing the total Series A round to US$2.6m. Following on from their first tranche investment, the uMunthu fund, managed by Goodwell Investments, led the round with follow-on investment from UW Ventures (in partnership with Allan Gray). MFS Afr
Trustly is pleased to announce a new partnership with Folksam, one of the largest insurance companies in Sweden. Together, Folksam and Trustly will make it more convenient for students to pay for their insurance and receive their claims payouts directly to and from their online bank account. Today’s students are digital natives, and so to cater to their preferences, Folksam has developed a digital-only student insurance in its FutureLab, its... more
Digital transformation in insurance - what the industry should learn from remote response to Covid-19
he digital tools that allowed the UK to switch to remote working in response to Covid-19 were already part of our everyday lives, writes Tim Hardcastle, CEO and co-founder of INSTANDA. The insurance industry should take note. “The famous proverb “necessity is the mother of invention” – often incorrectly attributed to Plato – doesn’t hold true during this unprecedented period of the Covid-19 pandemic.
Tide, the UK’s leading business banking platform, has launched a new Invoice Protection product in partnership with insurance solutions provider, Hokodo, to help micro, small and medium-sized businesses protect their cash flow against the late and non-payment of invoices.
A Virtual Experience of Digital Transformation in Insurance: Customer Engagement & Operational Agility Conference 2020
Join us on 5-6 May for a virtual experience of Digital Transformation in Insurance conference (https://arena-international.com/digital-insurance/). Over 30 speakers from industry leaders Direct Line, Allianz, Lloyds and Aviva join innovative insurtechs including Flock and FloodFlash to collaborate with us LIVE to share their experience and insight.
INSTANDA, the leading customer and policy management platform for the insurance industry, today announced the availability of the INSTANDA platform in the Microsoft Azure Marketplace, an online store providing applications and services for businesses globally. INSTANDA customers can now take advantage of instant, secure access from MS Azure with all the SaaS benefits of streamlined deployment and compelling economics.
If there’s one feedback that insurance providers are continuously receiving from homeowners, it’s that consumers want insurance tailor-fit to their specific households. No more one-size-fits-all policies that no longer apply to society’s changing needs and wants. This is a demand that InsurTech promises to meet, powered by its range of developing tech and the increasing adoption of smart home devices. What is Home InsurTech?
AI insurance pricing solution Akur8 has raised €8m in its Series A round from BlackFin Capital Partners and MTech Capital, bringing Akur8’s total funding to €10 million following initial investment and incubation from Kamet Ventures in 2018. Akur8 solves the insurance industry’s issue of ever-increasing pressure to find a sophisticated way to offer quick, easy and appropriate prices for today’s retail and commercial insurance customers.
In a high street banking first, Barclays has announced a partnership with Nimbla, a pioneer of single invoice insurance. Barclays’ one million SME clients will have the opportunity to benefit from the partnership, with the new ability to take out insurance against individual invoices, rather than the whole book.
Ledger, the global leader in security and infrastructure solutions for digital assets and blockchain applications, today obtained a crime insurance policy covering digital assets secured by the Ledger Vault platform. This program follows a rigorous evaluation of Ledger Vault’s hardware and software security infrastructure as well as governance policies. Ledger Vault worked for the last year with leading broker and risk advisor Marsh and a lead... more