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Vesttoo reels in $6m Series A to grow its insurance-linked programme
Israel-based alternative reinsurance and investment platform Vesttoo has raised $6mn in a Series A funding round led by Hanaco Ventures.
Brookfield reinsurance arm enters $5.1bn agreement to buy American National
Brookfield Asset Management’s reinsurance branch has agreed to acquire multi-product insurance company American National Group for $5.1bn in cash.
Direct Line’s CTO reveals the evolution of insurance
The InsurTech industry might evolve to become more personalised to the individual consumer post-pandemic, according to Direct Line CTO Sarah Greasley.
Amplify closes its seed round to support its mission of driving wealth via insurance
Amplify Life Insurance, a provider of permanent life insurance, has collected $2.5m in its seed round.
Virgin Galactic chairman backs connected car insurance startup Flock in $17m Series A round
Flock, a London-based InsurTech startup that provides usage-based insurance for fleets of commercial vehicles, has raised $17m funding in Series A round bringing its total funding to $22m.
Agentero inks $13.5m to expand its digital insurance network for agents
Digital insurance network Agentero raised $13.5m in Series A funding led by Alma Mundi Ventures to drive growth for independent insurance agencies.
Irish Insurance firms team to unveil new InsurTech hub
A new InsurTech hub has opened in Ireland after 12 key players in the native insurance market collaborated to make it a reality.
InsurTech BackNine exposes sensitive information of thousands of insurance applications after security breach
A security lapse at insurance technology startup BackNine exposed hundreds of thousands of insurance applications after one of its cloud servers was left unprotected on the internet.
iptiQ teams up with ImmoScout24 to provide landlords with rent loss insurance
Swiss Re’s iptiQ has teamed up with ImmoScout24, an online real estate platform, to provide landlords with insurance products to protect them from uncertainties with renting.
How transparent AI will help the adoption of the technology in insurance
As AI becomes more widely used across industries, insurance is lagging behind. Akur8 believes this could be down to the need for transparency.