Hartford InsurTech hub snags $1M partner A London-based InsurTech fund is providing up to $1 million in capital as part of a new partnership with Hartford's recently formed InsurTech hub. Eos Venture Partners (Eos) will make up to $1 million of capital available to participants in the Hartford program.
Insurtech Pie Insurance Eyes Slice of Workers’ Comp Market with $4.3M Funding and Pricing Tool Oddly-named Pie Insurance took an initial step toward entering the workers’ compensation insurance market at the InsureTech Connect conference in Las Vegas by introducing an interactive pricing tool for small and medium-sized businesses.
20 Likely Changes in Ethics on Claims Insurance is changing in ways that have profound implications for claims. Some claims practices will become redundant. Questions only occasionally raised before will now become common. New skills will have to be learned. It’s all very exciting, but also a little daunting. Clearly, the way we think about claims will change, but, at the same time, certain constants will remain: settling claims honestly and fairly, for example.
Underwriting Lessons From the PGA One of the amazing things about where we are in the arc of data changing our lives is that analytic models are pervasive. They are changing our professional lives, for sure, but I was also reminded recently that models can be used in all areas of our lives.
Etiqa, ethics and insurtech HOW would you feel if that fragile item you bought online is assured to arrive at your doorstep safely. Simply because the driver of the delivery vehicle is being tracked to drive responsibly? Or, just moments after your travel insurance comes into play due to a flight delay, you get a text message that your compensation money is already in your account.
Juniper Research: Insurtech Set to Disrupt Home Insurance Market, Accounting for 86 Million Policies Issued by 2022 A new report from Juniper Research has found that the number of home insurance policies utilising Insurtech will exceed 86 million globally by 2022, up from an estimated 60 million in 2017.
GWG Holdings’ Insurtech Subsidiary, Life Epigenetics, Announces Two Major Insurers to Test Lifespan-Predictive Technology Life Epigenetics, the insurtech subsidiary of GWG Holdings, Inc. (Nasdaq:GWGH), announced that two major life insurance companies will begin pilot programs to test its epigenetic-based M-Panel technology.
InsurTech startup Canopy gets £1.6m to expand across the UK InsurTech startup Canopy has raised £1.6m to expand across the UK. Lead investor Direct Line Group contributed £1.3m to the round. Launched in May, Canopy is looking to disrupt the property rental market by making it easier for renters, landlords and estate agents to co-exist.