Tag: insurtech

Demex, Vave team to offer extreme temperature insurance to US homes

Climate-resilience technology provider Demex has teamed with underwriting MGA Vave to provide extreme temperature insurance to US commercial properties.

InsurTech Vertafore snaps up AgencyZoom for undisclosed fee

Insurance technology enterprise Vertafore has acquired Ohio-based sales automation platform for insurance agents AgencyZoom.

Rental property InsurTech Steadily lands new funding

Landlord insurance company Steadily has reeled in $27.2m from a capital raise led by Matrix Partners and Zigg Capital.

Huge majority of insurance executives see climate as key investment risk

A BlackRock study has found that 95% of (re)insurance executives are concerned climate risk will have a significant impact on portfolio construction over the next two years.

Ambiental, WhenFresh broaden alliance to expand climate data offering

Flood risk specialist Ambiental has extended its partnership with property data firm WhenFresh to offer the former’s FloodScore Climate data set on WhenFresh’s API.

Root makes ground in South Africa with seed close

South Africa-based Root, as it looks to enter new markets, has collected $3m in its seed round funding.

Zurich American Insurance enters deal to acquire accident InsurTech SIS

Zurich American Insurance Company (ZAIC) is set to acquire medical and occupational accident insurance firm Special Insurance Services (SIS) for an undisclosed amount.

Arbol unveils new underwriter subsidiary focused on parametric risk

New York-based InsurTech Arbol has launched Arbol Underwriters (AUL), which will be a company focused on offering reinsurance capacity for parametric insurance risks.

Mitsubishi drivers to get better insurance through LexisNexis deal

LexisNexis Risk Solutions has extended its agreement with Mitsubishi Motors North America, which will help drivers access better insurance premiums.

Bringing prevention to insurance – Locket eyes crowdfunding

Locket, which identifies as a prevention-first insurance provider, has launched the pre-registration for its latest crowdfunding round.

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