Sent on October 09, 2019

Newsletter ITN

News

insurancejournal

Munich Re Backs Small Business Insurtech Next Insurance with $250 Million

October 08, 2019

Insurtech Next Insurance has pulled in a $250 million financing round from a single investor: Munich Re. Palo Alto-based Next said it plans to use the Series C cash infusion...

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prweb

Corvus Insurance Announces Data-Driven Expansion of Broad-Form Social Engineering and Cyber Crime Coverages

October 04, 2019

Corvus Insurance, the leading provider of AI-driven commercial insurance, today announces an update to its cyber underwriting model that rewards highly protected organizations with higher limits for Social Engineering and...

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IBM

How IoT insurance is helping Groupama reduce claims and accidents

October 04, 2019

When Groupama Assicurazioni began deploying smart sensors into customers’ cars and trucks four years ago, the primary purpose was cutting down on theft and fraud by knowing where vehicles were...

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dig-in

Nationwide’s new Spire targets millennials with ease of use, transparency

October 04, 2019

Nationwide will launch a new auto insurance product, Spire, in the fourth quarter of this year. Spire targets who Scott Sanchez, the insurer’s chief innovation officer, terms the “self-reliant millennial”...

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thinkadvisor

Insurtech Startup Raises $80 Million

October 04, 2019

Unqork Inc. says it has raised $80 million through a new round of financing. The New York-based insurtech startup says the lead investor was CapitalG. CapitalG is an arm of...

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intelligentinsurer

AXA XL launches on-demand cover for UK Uber drivers

October 03, 2019

AXA XL has launched on-demand cover to help Uber drivers in the UK minimise loss of earnings after an accident. Called Vehicle Interruption Cover, it provides a lump-sum benefit of...

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coverager

Rhino raises $21 million

October 03, 2019

Rhino, the insurance startup “aimed at cutting housing costs” by replacing traditional security deposits, has raised $21 million in a Series A round led by Kairos and Lakestar.

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businesswire

Sapiens and FRISS: Partnering for Honest Insurance

October 02, 2019

Sapiens expands its partner ecosystem with FRISS, an automated fraud detection and risk assessment leader HOLON, Israel--(BUSINESS WIRE)--Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software...

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strategymeetsaction

Has a “New” Theme Emerged at InsureTech Connect 2019?

October 02, 2019

After three intense and exhausting days at ITC2019, I’m a little conflicted. It was quite exciting. And there are many fascinating companies and ideas that are truly transforming our industry....

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lexology

Big Data and Insurance - The Regulatory Approval Process for Insurtech Data Models

October 02, 2019

Data is often the key ingredient to an insurtech’s success. From the use of drone data to automatically pay insurance claims after a hurricane, to AI that can predict the...

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Insights

Deutsche Familienversicherung adds new traffic legal protection to its product portfolio

New efficient and flexible traffic legal protection insurance introduced Property insurances expanded as part of the growth strategy: “x16 matrix...

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Agenda

October 14, 2019

Marina Mandarin, Singapore

FKV2352ITW

FinovateAsia 2019

FinovateAsia is moving back to Singapore, this October14-15, with a show that will feature demos of new fintech solutions, key insights from thought-leaders and influencers, and networking that delivers meaningful connections with fintech decision-makers. Witness exciting new technologies via Finovate’s...

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October 14, 2019

London, UK

Intelligent Insurtech Europe 2019

Intelligent InsurTECH Europe brings together 500+ insurance and reinsurance executives across one, common objective; to solve business-critical challenges the ever-faster pace and extent of technological change is creating. New technologies offer unprecedented opportunities to drive operational efficiency and top-line growth,...

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