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Kukun partnered with Jerry Becave partnered with PZU Group Mitchell International partnered with Tractable Mitchell International partnered with Claim Genius Hepster raised $10M Betterview partnered with Joyn Insurance Symbo Platform raised $9.4M Unslashed Finance raised $2M Policybazaar.com raised $45M Ratesdoctca raised $40.24M Joyn Insurance uses AI / Machine Learning in Underwriting Buckle uses Data & Analytics in Underwriting AXA Seguros uses AI / Machine Learning in Underwriting Kingstone Insurance uses Video in Underwriting Transamerica uses Digital / Other in Sales

Allianz backs WeLab

By Gabriella Ben-Hutta

Since its inception in 2013, the company has raised ~$600 million.

Financials

Hyland to acquire Nuxeo

By Gabriella Ben-Hutta ·

Once the transaction closes, the entire Nuxeo business is expected to be managed under Hyland Software.

Financials

Betterment acquires Wealthsimple’s US investment advisory book of business

By Gabriella Ben-Hutta ·

Wealthsimple will transfer all of their existing US-based customers to Betterment, and will no longer support accounts based in the US.

Member News

Celebrating Woman

By Team at Sureify ·

By Kelly Dudley I’ve read several articles recently that cite the difficulties faced by women who are struggling (often unsuccessfully) to keep households running, teach and nurture children, share home...

Investments

Pet telemedicine platform Fuzzy raises $18 million

By Gabriella Ben-Hutta ·

To this date, the company has raised $36.5 million.

Investments

NYDIG raises $200 million

By Gabriella Ben-Hutta ·

The company provides technology and investment solutions for Bitcoin.

Financials

Alliant acquires Group Insurance

By Gabriella Ben-Hutta ·

Terms of the agreement were not disclosed.

Business

Okta to acquire Auth0

By Coverager ·

Auth0 will operate as an independent unit inside of Okta, and both platforms will be supported and invested in. As a result, organizations will have a wider breadth of identity solutions to fit their unique needs.

Business

Munich Re to acquire GroupHealth for the sake of its group life clients

By Coverager ·

The transaction is subject to receipt of regulatory approval under the Competition Act (Canada).

Opinion

Peloton Life

By Will Shelleau ·

The company can take a page from the many credit card companies that frame credit pre-qualification letters as awards by sending notifications to users stating that based on their profiles they pre-qualify for exam-free life insurance. For most Peloton users, achieving this status is the reward.

Member News

Foresight is building a broker income insights report

By Foresight ·

The content marketing team at Foresight recently published an anonymous income survey for property and casualty insurance brokers. If enough data is collected in the survey, the team will build...

Investments

SALT Insure files Form D with the SEC

By Shefi Ben-Hutta ·

Grapevine-based [company_popover id="48305"] filed its Form D with the SEC in connection to an equity round totaling $250,000.

Technology

Mitchell introduces an alternative to Tractable’s photo estimating software

By Shefi Ben-Hutta ·

Introduced in 2019, Mitchell Intelligent Estimating is a claims automation solution with a flexible, end-to-end framework that integrates with market-leading AI providers through the MIOP.

Business

KKR to Acquire Integrated Specialty Coverages

By Coverager ·

Global investment firm KKR acquired a majority interest in multi-line insurance distributor Integrated Specialty Coverages (ISC).

Investments

Embedded insurance company raises $10 million

By Shefi Ben-Hutta ·

German insurance distributor Hepster closed a $10 million Series A funding round led by Element Ventures, the London-based, fintech-focused VC firm.

Financials

MassMutual acquires Blueprint Income

By Gabriella Ben-Hutta ·

Blueprint Income offers an online marketplace where users can purchase simple annuities, offered directly to consumers and through affinity partners.

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Featured Jobs

Betterview announces partnership with newly formed InsurTech company Joyn Insurance

By David Tobias, Betterview ·

Carpe Data partners with Unqork to help P&C insurers enhance accuracy and reduce costs

By Ben Offringa, Carpe Data ·

Low-Code vs. No-Code – What’s the Difference?

By Ushur, Ushur ·

Tractable adds former Microsoft CFO and investor John Connors to board

By Guillermo Murga, Tractable AI ·

Bindable hires new chief growth officer to expand business opportunities

By Bill Suneson, Bindable ·

Lemonade Insurtech 2020 Earning Results: Orchards vs Cars

By Kaenan Hertz, Insurtech Advisors LLC ·

Root Insurance 2020 Results: a very mixed bag. Sky high CAC

By Kaenan Hertz, Insurtech Advisors LLC ·

“Pay How You Move” – a hyper-personalized mobility insurance based on a customer’s unique mobility profile

By Sentiance, Sentiance ·

Talk the Talk: Engaging Users to Maximize Their Telematics Experience

By Cambridge Mobile Telematics ·

Michael Bibeau envisions a bright future for brokers in insurtech

By Foresight ·

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