Sent on August 30, 2017

News
10 Insurtechs for Superb Engagement
30 AUG 2017 | We have written about the key challenges that insurance carriers are facing. Winning insurtechs are those that tap into these challenges to accelerate digital transformation. In this post, we’ll focus on the first of seven different flavors of winners in fintech insurance: insurtechs that drive superb customer engagement.
Insurtech Bestow Receives $2.5 Million Seed Round for Life Insurance Platform
30 AUG 2017 | Bestow Inc., a platform providing a new approach to life insurance, has announced a $2.5 million seed round led by New Enterprise Associates (NEA), with participation from Core Innovation Capital, Morpheus Ventures, and 8VC. Bestow says this is their first institutional round, bringing its total financing raised since inception in 2016 to $3.1 million.
Peter Thiel is backing Berlin 'InsurTech' startup Coya in a $10 million round
29 AUG 2017 | Silicon Valley investor Peter Thiel has led a $10 million seed funding round into Berlin-based "InsurTech" startup Coya. Thiel's fund Valar Ventures led the round, which also included funding from e.ventures, and La Famiglia, a European venture capital fund backed by entrepreneurs.
Insurtech Startup Sherpa Raises $2.3M in Seed Funding
29 AUG 2017 | Sherpa, a Naxxar, Malta-based insurtech startup, raised $2.3m in funding. Backers included Mehrdad Piroozram, and other unnamed angel investors. The company intends to use the funds to expand the team and invest further in proprietary IP.
Sink or swim: responding to a changing risk landscape
29 AUG 2017 | The changing risk landscape is putting the spotlight firmly on innovation. We have seen new technological trends emerging for a while now. Insurers are rethinking their business model while competitors are catching up. Meanwhile, consumers continue to adapt to new scenarios and opportunities.
IoT: Collaboration Is Now Mandatory
28 AUG 2017 | The definition of collaboration is the action of working with someone to produce or create something. That seems far too simplistic a way to describe the many types of collaboration already at work in the insurance industry and moreover does not begin to convey the looming and enormous demand for working together that will be required for success in implementing the Insurance Internet of Things (IoT).
Can telematics reduce insurance premiums?
28 AUG 2017 | The increasing popularity and penetration of wireless internet services is resulting in an ever-increasing number of connected devices in our lives. These connected devices include not just our smartphones but even household appliances such as air conditioners, which now have functionalities based on their ability to connect with the internet.
A Response to Some Insurtech Claims, Part 2
25 AUG 2017 | Last week, we started a conversation about some of the common insurtech claims. Last week, we mentioned the statement from one particular company about all the good that they do. If you missed last week’s post, here’s a link to A Response to Some Insurtech Claims.
Three insurers invest in home telematics provider Roost
25 AUG 2017 | Insurtech Roost has announced $10.4 million in Series B funding from three insurers and other investors. The startup’s latest financial contributions were highlighted by the venture arms of Desjardins Insurance, Chinese carrier Fosun Group and first-time investor Aviva, which led the round. All three are existing Roost customers.
Throwing Down the Gauntlet: Insurtech ONE Says it Will Outgrow Lemonade from the Start
25 AUG 2017 | ONE, the German Insurtech company, has thrown down the gauntlet claiming they will outgrow US based Lemonade in service growth. Lemonade is one of the highest profile Insurtech platforms that is doggedly rolling out across the US. Starting first with homeowners / renters insurance, Lemonade is a digital only, user focused, platform that is on a mission to disrupt insurance as we know it
Insights
"INSURTECH GARAGE" - Next generation of insurance
30 AUG 2017 | Cisco Italy, Reale Group and Barcamper Ventures investment fund, together for the future of the insurance world with “Insurtech Garage”, the co-innovation program that helps startups grow by offering go-to-market & technology validation. The initiative aims to select and support new startups that are disrupting the insurance industry. Insurtech Garage is the first Italian program that helps your startups grow offering capital, go to market and technology thanks to the collaboration with the three strategic partners.
Insurtech is reshaping the industry to the core: where are carriers’ investments increasing the most?
14 AUG 2017 | Insurance Nexus set out to investigate the global state of insurance: from the latest tech trends to regional opportunities. After 50 interviews with the industry’s leading commentators and a wide-ranging international survey with over 1000 respondents the Global Trend Map aims to capture information about the megatrends at work in today’s insurance industry: Low Interest Rates and Soft Market Conditions, the Complexification of Risk and the clarion call for Customer-Centricity. 'Technological advancement' is by far the greatest overall external challenge, followed by 'Changing customer expectations' and 'Digital channel capabilities'.
Agenda
ACORD INSURANCE INNOVATION CHALLENGE LONDON SEMI-FINALS APPLICATIONS OPEN
05 SEP 2017 | ACORD is now accepting applications for its ACORD Insurance Innovation Challenge (AIIC) semi-finals which will be held in London on September 5, 2017. The AIIC is the world's premier event for innovation in insurance technology. It brings together insurance companies of all sizes and across all lines of business, investors and venture capital partners, technology startups, and industry innovators. It is an opportunity to be a part of a collaborative effort to transform the way the insurance industry does business, interacts with new policyholders and partners, crafts the next-gen customer experience, and ensures a prosperous future. The London semi-final event will lead up to the international finals scheduled to be held in conjunction with ACORD2017 October 24-26, 2017 at the Marriott Copley Place in Boston, Massachusetts. The AIIC will be giving away prizes valued up to $300,000, including a cash prize of $25,000 for the Startup Disruptor finals winner. Semi-finals winners will receive cash prizes on top of being invited to ACORD2017. The deadline to apply is July 28, 2017.
Connected Car Insurance USA 2017
06 SEP 2017 | The Connected Car Insurance USA Conference & Exhibition is the largest and most informative forum for executives from across the connected car and auto insurance industries. Key Issues in 2017 for Connected Car Insurance Addressed: 3 months of independent research has uncovered the most pressing business and tech problems facing the auto insurance industry - telematics, connectivity, mobility, ADAS & autonomous.

© 2015 Digital Tech S.r.l.
Galleria Pattari 2 (Piazza Duomo) 20122 Milano
info@insurtechnews.com

This newsletter was sent to you by Digital Tech S.r.l.
We invite you to read the Terms of use of the Portal as well as our Privacy Policy.
If you have received this email by error or if you wish to unsubscribe from our Newsletter please click here.
For further information – or in order to update your contact information – you can send an e-mail to this address: info@insurtechnews.com