Tag: insurtech

Jooycar, an InsurTech platform based in Chile, has reportedly secured $750,000 in funding to help it move into the US market, despite the current pandemic.

The digitalisation efforts the insurance industry is seeing as a result of the coronavirus pandemic is not new, it’s just accelerating an existing trend, according to a recent webinar.

Malaysian InsurTech startup PolicyStreet has reported raised about $1.8m in a Series A round led by KK Fund.

Veruna, which has built an agency management system on the Salesforce platform, has established a strategic partnership with Insuritas.

Workers compensation InsurTech Pie Insurance has bagged $127m in a new financing and capital funding round, which will support the acquisition of other insurance companies.

South Africa-based Inclusivity Solutions has secured $1.3m in the second tranche of its Series A round, bringing the total funding to $2.6m.

Insurance firms should only begin experimenting with new and exciting customer experiences once they get the basics right, says Mark Moran, head of product at insurance customer engagement platform ManageMy.

Pay-per-mile car insurance platform By Miles has secured £15m in its Series B round which was led by CommerzVentures.

British carriers have a new set of tools to create new insurance products after the EIS Group announced it was launching in the UK.

INSTANDA's CEO has welcomed the Financial Conduct Authority's (FCA) measures to protect insurance customers, but argued that the COVID-19 crisis has highlighted the need for the industry to evolve.