Sent on August 26, 2020

Newsletter ITN

News

canadianunderwriter

How possible is a hybrid insurance model for the sharing economy?

August 25, 2020

Being able to distinguish between personal and commercial usage is one of the biggest unique differences with underwriting for the sharing economy, but the abundance of data available makes a...

Go to news

coverager

Revolut wants to create an insurtech business

August 25, 2020

Mobile banking startup Revolut, which earlier this year raised $500 million at a $5.5 billion valuation, is hiring a VP of Insurance that will help create and run an insurtech...

Go to news

Fintech Global

InsurTech startup ELEMENT nets an additional €10m for its Series A round

August 24, 2020

InsurTech startup ELEMENT has bagged an additional €10m for its Series A round, which it initially closed back in 2018. The company previously ended its Series A investment round in...

Go to news

techinasia

A big win for insurtech

August 24, 2020

Insurance is one of those things that seem like a necessary evil. You comb through policies, speak to agents, and fork out large amounts of money yearly, but you also...

Go to news

repairerdrivennews

CCC-VW partnership, LexisNexis offer immediate insurance quotes based on past driving

August 24, 2020

Two recent announcements could hasten a trend of drivers shifting toward telematics-based insurance — a trend with ramifications for the collision repair industry. The news from CCC and LexisNexis takes...

Go to news

asiainsurancereview

Lemonade reports loss in first earnings disclosure

August 24, 2020

Lemonade, one of the earliest insurtech unicorns, has recorded losses for 2Q2020 in what was its first earnings disclosure as a publicly listed company. However, this was an expected result...

Go to news

insurancejournal

Root Insurance Hopes Others Join Its Vow to End Use of Credit Scoring

August 21, 2020

Root Insurance pledged to eliminate the use of credit scoring from its car insurance pricing model by 2025, a move the insurtech said will help remove bias and discrimination from...

Go to news

coverager

Waterdrop raises $230 million

August 21, 2020

Chinese online insurance platform Waterdrop has raised $230 million in a new round of funding jointly led by Swiss Re and returning investor Tencent. Waterdrop’s existing investors, including IDG Capital...

Go to news

businesswire

Pivot Health Announces Partnership With Quotit Corporation, Expanding Agent Base And Quoting Capabilities

August 20, 2020

Software platform now allows insurance agents to quote several Pivot Health health insurance plans NEW YORK--(BUSINESS WIRE)--#healthinsurance--Pivot Health, a division of HealthCare.com, a leader in technology-enabled health insurance solutions, today...

Go to news

coverager

Mercedes-Benz adds new feature to telematics offering

August 20, 2020

Since 2017 Mercedes-Benz Bank has been offering car owners InScore, a telematics-based insurance product in partnership with HDI Versicherung. To make the product more attractive, the carmaker is announcing that...

Go to news

insurancethoughtleadership

Voice Is the Future – Even for Insurance?

August 19, 2020

“It’s only a gimmick.” When I heard myself saying this a few years ago about voice-activated assistants such as Alexa and Google Home, I almost bit my tongue afterward. This...

Go to news

carriermanagement

American Family Ventures’ New $213M Fund Seeks Early Stage InsurTech Startups

August 19, 2020

American Family Ventures has launched a new $213 million fund that invests in early stage InsurTech startups. “The insurance industry is embarking on profound transformation,” AFV managing director Dan Reed,...

Go to news

Insights

The Hockey Stick Impact of Digital Ecosystems on Insurance Innovation

True innovation in insurance, other than a few examples such as Online comparators, UBI, and Life insurance coupled with wellness,...

Read More

Agenda

September 02, 2020

online

SVIA Next-Gen Commercial Insurance Webinar Series | Episode #2

Episode #2: Customer-Centric Distribution Strategies How are digital leaders responding to growing commercial customer demands to purchase and manage insurance? Industry leaders discuss changing expectations and requirements, the influence of digital ecosystems, and what it will take to compete in...

More Details

October 21, 2020

Olympia, London

INSURTECH20

Insurance Transformation Summit 2020

EMBRACING DIGITAL TRANSFORMATION Join 200 visionary speakers and 1,000 insurance, finance and technology leaders to discuss how digital transformation is remaking insurance.Industry captains from insurance and IT will share their trials and successes to help your business adapt and thrive. Join...

More Details