BondAval Secures $7 Million Seed Round led by Octopus Ventures
- 4 years 4 months ago
- Insurtech, FinTech StartUps
· BondAval has raised over $9m in its first year since founding · Strong investor validation underscores the opportunity and value of BondAval’s proprietary MicroBonds™️ · Pioneering financial instrument enabled by technology provides certainty to supply chains
InsurTech NY Announces its 2021 Accelerator Cohort
InsurTech NY, the largest InsurTech community in North America, announced today its second growth-stage InsurTech accelerator cohort. 15 startups were chosen to participate in the hybrid virtual and in-person insurance accelerator program. The program will provide resources to help startups with traction, talent, and financing. Founders will work with insurers seeking to provide risk capital to digital MGAs and to pilot new technologies.
Prevention-first Insurtech Hiro Partners with Former Burglar Michael Fraser to Protect Homes
- 4 years 5 months ago
- Insurtech
Can a home insurance payout truly replace your invaluable items? The insurance industry would say so, but that isn’t the truth. Enter Hiro, the prevention-first insurtech for things money can’t replace. Today, it is announcing a partnership with reformed burglar and veteran security consultant, Michael Fraser, who will be bringing his experience from both sides of the industry to the Hiro community, enabling members to proactively protect their... more
Concirrus Unveils next-gen Platform for Commercial Insurance Market
Leading insurtech, Concirrus has introduced its next generation platform for the IoT-powered insurance market. This new modular technology offering, which harnesses Concirrus’ years of investment and experience of working within the insurance market, will allow insurers to accelerate their transition to new digital operating models, create new products and drive cost savings irrespective of business line.
Smart Cover Launching Insurtech Product Unifying Home Motor and Health Cover
- 4 years 5 months ago
- Insurtech
Smart Cover launched its ground-breaking app, allowing users to gain direct access to their Smart Cover policies from their Smartphones. The soft launch of the app will be on an invitation-only basis for selected Smart Cover customers. As a reward, the participating customers will receive up to 6 months of free cover on selected packages.
Late-stage Insurtechs Take Lion's Share of Record-breaking Q2 Funding
- 4 years 6 months ago
- Insurtech
New Research Reveals 71% of Digital Bank Customers, 64% of Traditional Bank Customers and 73% of Fintech App Customers In the United Kingdom Want Embedded Insurance Offers Based on Transaction Data
A recent survey of 527 bank customers in the United Kingdom from Momentive.ai (the research company of SurveyMonkey), commissioned by Cover Genius, sought to understand how customers of banks, neobanks and other fintech apps would react to embedded insurance offers based on real time transaction data. It asked the following:
Bequest Raises £1.7M Investment to Overhaul the Way We Prepare End-of- life dmin
- 4 years 7 months ago
- Insurtech, Investment, Insurance
The revolutionary insurtech surpasses 1,000 customers in weeks of launch
Tech Nation Comments on Alphawave’s First Day of Official Trading on the London Stock Exchange
- 4 years 9 months ago
- Insurtech, Investment
Stephen Kelly, Chair of Tech Nation, comments on Alphawave’s first day of official trading on the London Stock Exchange: “The listing of Anglo-Canadian business Alphawave reflects a sector that is going from strength to strength, as it starts official trading today.
A New Partnership for Getsafe and CompareTheMarket
- 4 years 9 months ago
- Insurtech
Digital insurer Getsafe and prominent price comparison site comparethemarket.com enter a partnership that aims to offer better value and flexible insurance policies to millions of UK consumers.
PwC’s Scale | InsurTech Programme Alumni, Artesian Solutions, Announces Strong Year End Finish with 59% Revenue Growth in the Insurance Sector
- 4 years 9 months ago
- Digital Identity, Insurtech, Risk Management
Artesian Solutions, a PwC Scale | InsurTech Programme alumni has today announced revenue growth of 59% in the insurance sector. Artesian also credits the InsurTech scale-up programme, which provided a valuable coaching framework to help it expand and grow, as playing a part in this success.
Getsafe and CompareTheMarket have formed a new partnership.
- 4 years 9 months ago
- Insurtech
Digital insurer Getsafe and prominent price comparison site comparethemarket.com enter a partnership that aims to offer better value and flexible insurance policies to millions of UK consumers.
Insurers Increase Appetite for Innovation as Industry Joins Fintech Pledge and UK Insurtech Investment Grows
- 4 years 10 months ago
- Insurtech, Investment
In celebration of UK Fintech Week, Tech Nation, the growth platform for tech companies and leaders, has today announced new signatories of the Fintech Pledge. The Fintech Pledge, supported by HM Treasury and developed by the Fintech Delivery Panel, sets world-leading standards to accelerate the growth of the UK’s fintech sector by promoting valuable partnerships between financial institutions and tech scaleups.
Lockdown Eases, Confidence Returns, UK Gets in Its Car
- 4 years 10 months ago
- Insurtech
By Miles, the UK’s leading provider of pay-by-mile car insurance, underwritten by Zurich Insurance, can report that based on data collected the week lockdown restrictions were relaxed, 29th March – 4th April, there was a staggering 17% increase in car usage from the week before, which has continued to rise in the weeks since.
Lockdown Races DIY Vehicle Checks; Insurtech WIMWIsure Records Over 2 lakh Inspections in FY20-21
- 4 years 10 months ago
- APIs, Artificial Intelligence, Insurtech
The Indian motor insurance marketplace has noted a clear shift towards remote ‘Do-It-Yourself’ checks and Inspection as a Service as a result of COVID-19 which has necessitated moving away from physical vehicle inspections. During the lockdown Insurtech WIMWIsure has conducted more than 2 lakh virtual inspections for passenger and commercial vehicles through its on-demand Artificial Intelligence (AI) enabled video inspection platform in... more
