Coverager® - Insurance News and Insights

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The Hartford uses Data & Analytics in Underwriting MAPFRE uses Smart Home in Claims Trusty.care raised $1.5M Aon uses Data & Analytics in Claims JetClosing raised $9M IAT Insurance Group uses Digital / Other in Claims Bupa uses Telemedicine in Claims Ginger Travel Insurance partnered with Migdal Covr Financial Technologies raised $7.5M Ginger - Shared Transport partnered with Zego Mutual of Omaha partnered with iGrad Travelers partnered with Procore Equipsme raised $767.66K Snoop partnered with Anorak Technologies Safehub raised $5M

Google partners with ADT

By Avi Ben-Hutta

As part of the partnership, Google’s Nest hardware will be integrated at ADT, which does system installations and monitoring.

Business

BBVA USA launches new mobile banking app

By Gabriella Ben-Hutta ·

The bank launched its new mobile banking app, Mobile 9.0, and expanded transaction detail screen in mobile and online banking, both aimed at leveraging the bank’s technology expertise to provide a better experience and more control for customers.

Business

Morgan Stanley launches P&C insurance for high net worth clients

By Avi Ben-Hutta ·

Through this new arrangement, HUB International, Marsh Private Client Services, and Willis Towers Watson will assist Morgan Stanley clients in assessing their risk exposures and provide solutions to help them protect their assets.

Investments

Farmer’s Business Network raises $250 million

By Avi Ben-Hutta ·

Farmer's Business Network provides a network of data and market services for thousands of member farmers who use its platform.

Business

LV= introduces Flow

By Avi Ben-Hutta ·

The online-only product initially gives consumers a guaranteed maximum price for three months, and the exact monthly price is shown in the account seven days before payment.

Business

Insurance for women, by women

By Avi Ben-Hutta ·

Stella is a collaboration between publisher Bauer Media, Sam White’s Freedom Group, Viper Capital and investment firm Envest.

Business

Varo Money granted national bank charter

By Gabriella Ben-Hutta ·

This represents the first ever national bank charter granted to a US consumer fintech and will allow Varo to offer customers comprehensive, FDIC-insured banking services.

Investments

Jupiter raises additional capital from Liberty Mutual, MS&AD and SYSTEMIQ

By Gabriella Ben-Hutta ·

Jupiter will use the new capital to fuel the company's expansion of its operations and increase product development to meet the evolving needs of leading global companies in new geographies.

Investments

JetClosing raises $9M in Series B funding

By Gabriella Ben-Hutta ·

The investment will fuel continued expansion for the cloud-based digital title company, streamlining historically manual, in-person processes that have lacked transparency and efficiency for home buyers, sellers, agents, and borrowers.

Opinion

Friday Feeling: Mutual of Who?

By Avi Ben-Hutta ·

In the 1970s, the US Federal Trade Commission (FTC) began encouraging advertisers to make comparisons with named competitors, with the broad, public welfare objective of creating more informative advertising. The...

Investments

Lemonaid Health raises $33 million Series B

By Coverager ·

Online platform connects over one million patients to doctors and prescriptions without having to leave home.

Business

Travelers enhances IntelliDrive app to promote safe driving

By Gabriella Ben-Hutta ·

IntelliDrive provides customers with a better understanding of their driving habits – and rewards them for safe driving – by collecting and assessing data on behaviors such as hard braking, rapid acceleration, speed, the time of day customers drive and now, distracted driving.

Business

Oscar launches new $0 virtual primary care as part of 2021 expansion plans

By Gabriella Ben-Hutta ·

The company will offer health insurance to individuals and families in four new states and 19 new markets during the upcoming Open Enrollment period, pending regulatory approvals.

Business

DropIn rebrands for AI

By Gabriella Ben-Hutta ·

Founded in 2015, the company has evolved from a video streaming partner into an AI-focused, video-enabled surveying platform.

Business

Verisk acquires LocationAware.io

By Coverager ·

LocationAware.io harnesses the GPS functionality of mobile devices to provide company managers with an in-the-moment view of field staff’s location.

Member News

SE2 Announces Executive Leadership Appointments

By SE2 ·

SE2, an Eldridge business, and a best-in-class insurance technology company, today announced three appointments to its executive team to support the company’s ongoing evolution to being a leading product and...

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Featured Jobs

The Importance of High-Precision Geolocation in Wildfire Risk Estimation

By Raj Mukherjee, Ecopia.AI ·

IAT Insurance Group Selects One Inc for Digital Claims Payments

By Jennifer Overhulse, St. Nick Media Services ·

Join the No- Code Movement: Questions About No-Code Development You Always Wanted to Ask

By Cristiano Silva, Innoveo AG ·

The critical role of insurance technology in the time of COVID-19

By Wayne Slavin, SURE ·

IMS Extends Telematics SDK Partnership with Onlia

By Jennifer Overhulse, St. Nick Media Services ·

SMB Insurance acquired by Kernan Insurance Agency

By Mike Chapman, Niche Market Leads ·

Virtual Underwriting at Lloyd’s - build it and they will come

By Ben Heaney, Dialogue ·

Maintaining the Covid-19 Life Insurance Bump

By The Breathe Life Team, Breathe Life ·

The post-Covid19 automotive insurance market and the industry shift to digital

By Alan Inskip, Tempcover ·

Penn National Insurance Selects One Inc for Digital Claims Payments

By Jennifer Overhulse, St. Nick Media Services ·

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