InsurTech OpenEyes bags $18m to reduce the cost of insurance for commercial automotive fleets

OpenEyes, an InsurTech company serving commercial automotive fleets, has emerged from stealth with $18m in Series A funding.

Swiss insurer Helvetia in Mobile Garantie take-over

Helvetia Insurance has acquired Hanover-based provider of auto insurance solutions Mobile Garantie.

Pay-per-mile InsurTech Mile Auto bags $4m

Mile Auto, a US-based InsurTech startup offering pay-per-mile car insurance, has reportedly raised $4m.

Canopius to offer auto coverage in US Virgin Islands

Canopius Group, a global specialty reinsurer, and Theodore Tunick and Marshall & Sterling, a broker for all lines of business and personal insurance, will offer admitted auto coverage to personal and commercial insureds in the US Virgin Islands in agreement with Samsung Fire and Marine Insurance (SFMI).

Swiss Re teams up with auto InsurTech Jooycar in Mexico

Swiss Re has partnered with InsurTech Jooycar in a bid to boost auto insurance telematics to benefit small and medium-sized fleets in Mexico.

Ford partners with Pie for commercial auto insurance

Ford Credit, an automotive financial services company, has partnered with InsurTech Pie Insurance to launch a commercial auto insurance product.

Canal Insurance joins forces with CLARA Analytics to boost commercial auto claims

Canal Insurance Company has partnered with CLARA Analytics, a provider of artificial intelligence (AI) technology for commercial insurance claims optimisation, to improve commercial auto claims outcomes with AI.

CCC Intelligent Solutions teams up with Verisk to prevent auto insurance fraud

CCC Intelligent Solutions (CCC) has partnered with global analytics provider Verisk to leverage the two providers’ market-leading technologies to prevent auto insurance fraud.

Aviva launches car insurance product to cost-conscious customers

Aviva has rolled out its lower cost car insurance product to all major price comparison websites.
Berlin-based InsurTech giant wefox names CMO

Berlin-based InsurTech giant wefox names CMO

Berlin-based InsurTech giant wefox has appointed Laura Eschricht as its new chief marketing officer.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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