Life/Health Insurance

Oriental Insurance, a subsidiary of OFG Bancorp, has announced the launch of a new personal accident insurance product in collaboration with Chubb Insurance Co. of Puerto Rico.

Insurtech UK has published its Roadmap of recommendations for policy-makers to retain and strengthen the UK's leading global status in insurance innovation.

Imagine filing an insurance claim from your phone, tracking its progress, and resolving everything within days. It might sound like a mirage, but this is already happening. The insurance industry, once known for its slow and outdated processes, is undergoing a significant transformation thanks to rapid advancements in technology and innovative tech-driven solutions. 

In a recent move that signals growth, Watch Your Health, a pioneering health-tech startup, has successfully raised $5m in a Series A investment round.

Sidecar Health, a transformative health insurance company providing major medical coverage to businesses, announced today the closure of $165m in Series D financing.

One80 Intermediaries, a specialty insurance broker headquartered in Boston, has launched GeneBridge in response to the escalating costs associated with gene therapy treatments.

Lumera, a leading InsurTech company dedicated to the digital transformation of the European life and pensions industry, has entered into an agreement to acquire ITM, as part of its international growth strategy.

German InsurTech startup Feather, which aims to simplify health insurance for expatriates, has successfully raised €6m.

In the wake of escalating living costs, contact centres have become crucial lifelines, particularly for vulnerable customers requiring support across utilities, healthcare, and housing sectors. This enhanced reliance on contact centres underscores their pivotal role in delivering responsible and sensitive services.

Slide Insurance, an InsurTech company specialising in homeowners insurance, has secured a $175m senior credit facility.