Auto Insurance

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).

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.

Jerry, a service known for its PriceProtect technology that helps car owners find optimal insurance rates, has doubled its offerings.

Auto insurance company Indiana Farmers has selected CCC Intelligent Solutions, a cloud platform providing solutions for the P&C insurance economy, for its AI-powered solutions.

Akur8, a next generation insurance pricing solution, has been selected by High Definition Vehicle Insurance (HDVI), to support the development of telematics-based insurance models.

Direct Line has acquired By Miles Group, a Managing General Agent (MGA) and provider of real-time pay-by-mile insurance policies.

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

InsurTech Lula has raised $35.5m in a Series B funding round following a massive surge in customers. 

Thailand-based B2C InsurTech startup Roojai has closed its Series B funding round on $42m.

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