Sapiens to modernise AEGIS reinsurance processes
AEGIS, a mutual insurance company, has selected Sapiens International Corporation, a global provider of software solutions for the insurance industry, to modernise its reinsurance process.
InsurTech firm Turaco sweeps up $10m from Series A
Turaco, a distributor, broker and key customer interface between underwriter and end consumer, has bagged $10m from a Series A round.
FinanceFox lands $28m in largest European InsurTech deal
The InsurTech space continues to excite investors with the largest funding round raised in Europe to date just being picked up by FinanceFox.
Insurance customer experience “sucks”, says wefox
Berlin-based InsurTech wefox has published a report revealing a widespread dissatisfaction and lack of trust in the global insurance industry.
Fabric nabs $2.5m to simplify life insurance
Life insurance startup Fabric has pocketed $2.5m in a Seed round led by Bessemer Venture Partners. The startup's basic package only covers accidental death, which it says is the primary cause of death for 25 to 34-year olds.
Certua teams up with Beazley for online placing
Certua, which empowers embedded finance, has partnered with specialist insurer Beazley to provide online placing platforms for small programme and scheme business.
By Miles nets £350,000 from firms including InMotion Ventures
Car insurance platform By Miles has reportedly netted a £350,000 investment from investors including InMotion Ventures.
Gradient AI and Duck Creek unveil workers’ compensation product
Gradient AI, a provider of artificial intelligence (AI) solutions in the insurance industry and Duck Creek Technologies have launched a workers’ compensation solutions product.
Snapsheet partners with KeyBank to simplify insurance claims
Virtual claims InsurTech provider Snapsheet has formed a partnership with KeyBank to launch a payment solution for insurance claims.
Snapsheet, which provides virtual claims technology...
ShipIn Systems bags $24m to make the maritime industry safer
ShipIn Systems, a visual fleet management platform, has raised $24m in Series A funding.