Sent on October 13, 2021

Newsletter ITN

News

ARTEMIS

Munich Re Ventures raises $500m fund, surpasses $1bn of assets

October 13, 2021

Munich Re Ventures, the insurtech and related risk technology investment arm of the global reinsurance company, has closed a $500 million capital raise for a new Munich Re Fund II...

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globenewswire

InsurTech NY Announces its 2021 Accelerator Cohort

October 12, 2021

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...

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ibsintelligence

5 InsurTech companies in the European Market

October 11, 2021

InsurTech combines ‘insurance’ and ‘technology’; Insurtech includes technology innovations to bring in savings and efficiency to the insurance industry model. The InsurTech concept represents the commitment to innovation and development of new products...

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emarketer.com/

Embedded insurtech Sure raises mega-round as fintechs are pressured to diversify

October 07, 2021

US-based Insurtech Sure secured a $100 million Series C funding round, giving it a $550 million valuation, per TechCrunch. The insurtech launched as a software as a service platform in 2016 to provide financial...

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carriermanagement

At ITC Vegas 2021, Chubb CEO Greenberg Put InsurTechs in Their Place

October 07, 2021

Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently before an audience of InsurTech entrepreneurs, Chubb CEO Evan Greenberg...

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thefintechtimes

Haven Technologies Makes SaaS Model Available to Insurance Carriers

October 07, 2021

Haven Technologies is an advanced insurtech platform for the life, fixed annuities and disability industries. Backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual), the newly launched Haven Technologies will leverage...

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ARTEMIS

Hudson Structured invests in workers’ comp insurtech Insurate

October 07, 2021

HSCM Ventures, the venture investing arm of insurance-linked securities and reinsurance specialist investment manager Hudson Structured Capital Management Ltd., has led a $4.5 million seed funding round for data-driven workers’...

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Mobihealthnews

Insurance platform Overalls uses AI to help consumers choose supplemental plans

October 06, 2021

A new tech-backed insurance platform dubbed Overalls is aiming to use AI algorithms to personalize supplemental insurance packages.  Overalls, which was launched by Redesign Health, plans to partner with employers in...

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chronicle.gi

Gibraltar Finance signs Statement of Intent with Insurtech UK

October 06, 2021

Gibraltar Finance has recently signed a Statement of Intent with trade association, Insurtech UK, for both parties to work together in order to raise awareness of the Gibraltar insurance market....

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The Insurer

Swiss Re’s Gonzalez: More to come from insurtech despite “unprecedented”

October 06, 2021

While Gonzalez, the carrier’s regional CEO for North America, said he is “very positive” about the considerable achievements made by the insurtech industry in the past three to five years,...

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Insights

GIANT Health announces new Digital Therapeutics (DTx) conference track

GIANT Health has officially launched the Digital Therapeutics conference track, co-curated by Research2Guidance, a leading global management consultancy specializing in...

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Agenda

October 21, 2021

on-line

The New InsurTech Distribution Channel

The insurance industry has one of the highest customer acquisition costs of any industry. It can cost more than seven times as much to acquire a new customer as maintaining an existing one. (ITL). However, the global protection gap is...

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