Coverager® - Insurance News and Insights

Coverager Data

MAPFRE Insurance uses Messaging Apps in Claims Noyo raised $12.5M Wishleaf raised $1.25M Wishleaf raised $15M YOLO partnered with Bike-Room Puffin Insurance partnered with AXA Connective partnered with 86 400 Canal Insurance uses Digital / Other in Claims Ping An uses Image Recognition in Sales Tarmika partnered with State Auto True Blue Life Insurance partnered with Assurity Next Insurance raised $250M SBLI uses API in Sales HSB uses Data & Analytics in Underwriting Bright Health raised $500M

Psychology 101

By Avi Ben-Hutta

Before joining Coverager and learning about the world of insurance, Shefi asked me what an insurance company needs to do to win. My response was simple - either offer the best price or have the best distribution. Clearly, I was wrong.

Marketing

Western combines insurance quotes with social advocacy

By Gabriella Ben-Hutta ·

The campaign is available in branches across Canada. Funds collected will go back to the communities where Western operates through municipalities and registered charities.

Technology

SafelyYou partners with HumanGood to pilot fall detection technology

By Coverager ·

The goals for HumanGood's pilot program focus on reducing response time as well as time spent on the ground, minimizing unnecessary ER visits, and adhering to fall protocol compliance.

Investments

Health insurance API platform raises $12.5 million

By Coverager ·

The company looks to streamline data exchange between carriers and their partners to reduce inefficiencies during benefits enrollment.

Product

Atom bank launches Instant Saver

By Coverager ·

Founded in 2014, Atom is a team of over 340 people. It has raised $584 million across 8 financing rounds (investors include Spanish banking giant BBVA and Woodford) and operates in the space of mobile banking, mortgages, and business loans.

Innovation

Chqbook combines money management and insurance to target Indian SME

By Coverager ·

The company raised $5 million in financing to develop a mobile app for businesses to manage their financials.

Marketing

BlueVine appoints former PayPal head of marketing as CMO

By Coverager ·

Most recently, Patrick served as Head of Marketing for PayPal, North America. Prior to that, he was Senior Vice President, Head of Marketing at Victoria’s Secret.

Technology

Figure launches digital fund services offering on blockchain

By Coverager ·

Friends & Family Capital is Figure’s inaugural investment fund partner, leveraging Figure’s Digital Fund Services offering for capital raising, investor onboarding and KYC/AML/BSA via Passport, digital subscriptions, capital calls and transfer agent services.

Business

Goldman Sachs acquired Folio Financial

By Gabriella Ben-Hutta ·

Folio’s platform enables advisors to create customized and diversified portfolios in a scalable way.

Technology

Santander Bank adopts digital mortgage solution from Roostify

By Coverager ·

Mouro Capital, Banco Santander’s $400 million fintech venture fund, invested in Roostify.

Product

Wealthfront launches first Self-Driving Money™ service

By Shefi Ben-Hutta ·

Palo Alto-based digital wealth management company Wealthfront has launched a new service called Autopilot that automates a client's savings plan.

Business

Swiss Re announces plans to streamline structure

By Coverager ·

The target legal entity structure is expected to be implemented by the end of 2021.

Innovation

Introducing HSBC VisionGo

By Avi Ben-Hutta ·

A beta version of the platform was unveiled in March 2020. Since then, it has become an open space for SMEs to access practical tips on anything from how to apply for the government-guaranteed loan scheme, to how to start an e-Commerce business.

Investments

Petal raises $55 million in series C

By Coverager ·

The round follows a $300 million debt round announced last year.

Member News

Beam Dental Expands Leadership Team with 3 Key Hires

By Jessica Ehler ·

COLUMBUS, OH (September 24, 2020) — Beam Dental today announced the addition of three key members to the leadership team. Joining Beam are Laurie McGonigle (Head of General Agent Partnerships),...

Product

Plymouth Rock introduces motorcycle insurance

By Coverager ·

Plymouth Rock Assurance announced the launch of its Motorcycle Insurance for riders across New Jersey and Pennsylvania. Introduced less than a year after the company acquired Rider Insurance Company.

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Member News

Berkley Accident & Health Launches Needlestick Insurance for Nurses and Other Healthcare Workers

By Keara Monahan Brown, Berkley Accident and Health ·

The wildfires won't stop miraculously, what's next?

By Anil Celik, UrbanStat ·

The Road Ahead for P&C Insurers: How to understand customers better post-COVID

By Barbara Péterfi, Innoveo AG ·

InterWest Insurance Services successfully implements Talage’s Wheelhouse

By Matt Donovan, Talage ·

Florida Peninsula Insurance selects Cape Analytics for aerial underwriting and portfolio monitoring intelligence

By Kayvan Farzaneh, Cape Analytics ·

Cake & Arrow Publishes New Report Exploring the Experience of Small Business Owners in the Time of COVID

By Emily Smith, Cake & Arrow ·

Citizen Developers: How Diverse Users Power Smart Solutions

By Maggie Parkhurst, Ushur ·

UrbanStat adds over 30 countries in Europe to its data collection

By Anil Celik, UrbanStat ·

VisitorsCoverage announces improved COVID-19 coverage and quarantine compensation

By Rajeev Shrivastava, VisitorsCoverage ·

Tempcover appoints new CDO as part of growth strategy

By Alan Inskip, Tempcover ·

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