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Bike insurance startup Bikmo closes funding round and looks to move office to Wales

Bike insurance startup Bikmo has allegedly netted £1.8m in its Series A funding round as it looks to move its head office to Wales after the coronavirus pandemic clears.

LIBRA Insurance Partners teams up with Human API

Insurance marketing business LIBRA Insurance Partners has teamed up with Human API to simplify the purchase process for life insurance.

InsurTech Getsafe is thriving thanks to COVID-19 and has just launched a new accident...

German startup Getsafe has made its first step towards launching a life insurance offering and reveals how the coronavirus has helped the InsurTech boost the number of policies sold.

Insurance Authority extends coronavirus rules

Hong Kong's Insurance Authority has extended its temporary Covid-19 facilities for non-face-to-face distribution of some insurance products.

InsurTech startup JennyLife scores $3.5m in funding

Life insurance app JennyLife has secured $3.5m in its Series A round, bringing the InsurTech’s total capital raised to $5m.

Insuritas helps Security Federal Savings Bank launch Security Federal Insurance Services

Indiana-based Security Federal Savings Bank has launched bank-owned full-service insurance agency Security Federal Insurance Services on InsurTech100 company Insuritas’ platform.
In the ever-evolving landscape of banking, financial services, and insurance (BFSI), a groundbreaking movement is underway, poised to revolutionise traditional operations and service delivery. At the forefront of this transformation is Intelligent Process Automation (IPA) – a pioneering blend of Artificial Intelligence (AI) and advanced process automation technologies. IPA is not merely an incremental improvement; it represents a paradigm shift, specifically engineered to automate written inquiries. InsurTech firm Simplifai investigates this pioneering technology. 

India’s Paytm gets its insurance brokerage license

Payment giant Paytm has received a new insurance brokerage license from India’s Insurance Regulatory and Development Authority.

Boost Insurance nets $14m as it looks to launch various new services

Boost Insurance has netted $14m in its Series A round as it looks to release a selection of data-driven products.

Sproutt Insurance launches operations after closing Series A

Sproutt Insurance has launched its services following the close of a $12m Series A funding round.

SaverLife launches new services after $1.5m round

SaverLife, a non-profit helping Americans save money, has launched its new services following the closing of a $1.5m investment from Prudential Financial.

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