Industry News

Branch, a full-stack insurance company that uses data, technology, and automation to make home and auto insurance completely frictionless, has launched a term life insurance product.

WeTravel, a San-Francisco and Amsterdam headquartered booking and payments platform, has raised $27m in Series B funding.

Pet insurance company ManyPets has acquired Digital Edge Insurance Company, a US-based carrier, from Munich Re Digital Partners US Holding Corporation.

Insurance, particularly life insurance, is often considered a “grudge” payment. Most consumers won’t have a relationship with their insurer beyond the initial transaction, and the customer experience suffers as a result. This is what Zinnia is on a mission to change with its Engagement& Loyalty platform.

AI-powered software developer Guidewire has partnered with digital payments platform for the insurance industry One Inc, to support insurers with faster payment solutions.

HoneyQuote, a Florida-based digital insurance agency, has partnered with The Zebra, an insurance comparison site to offer more homeowners insurance options in Florida.

With the InsurTech industry pioneering change in the insurance industry, FinTech Global has revealed the 100 leading companies in its fifth annual InsurTech100 List.

The African Development Bank has signed a $50m line of credit agreement with Nigeria's First City Monument Bank (FCMB) to bolster access to finance for small and medium-sized enterprises (SMEs) and “women-empowered” business (WEBs).

International insurance broker Howden has partnered with Allianz Trade to have the company connect with its API for structured credit insurance.

Challenger bank N26, in partnership with digital investment app Bitpanda, is launching a crypto trading feature.