Editor at Coverager
China Life Insurance has invested ~$600 million in Chinese car-hailing app Didi Chuxing; only a month after the Uber-like company raised $1 billion from Apple. Same Didi that called Uber’s strategy ‘cute’.
Marketform, the specialist Lloyd’s insurer, is delighted to announce that the Group has today re-launched as Neon, marking the start of an exciting new chapter in its history. The re-launch...
Finland-based mobile payment app Tapp Commerce has raised $9 million to expand its operations in Southeast Asia for users without a bank account or credit card. Bottom Line: partner of Indonesia-based Jaya...
Telematics software provider Acend and provider of aerial data and safety platforms for drones PrecisionHawk are partnering to deliver Usage-based insurance (UBI) to the Unmanned Aerial Systems (UAS) market in the name of ‘cost-effective drone insurance...
Supposedly only two insurers, Liberty Mutual and Hartford, offer discounts for policyholders with cars equipped with AEB (Automatic Emergency Braking) systems. Think: car safety technology that can prevent a crash or reduce the impact of...
Axa Germany recently launched a mobile app called WayGuard that transmits the user’s geographic location to a coordination center. The latter, in case of emergency, can alert rescue services. Chat and prevention tips...
German insurtech startup Kasko, a white-label option for instant insurance purchases on affiliate platforms, partnered with Barmenia insurance to launch Xtra Driver Protection coverage for guest drivers. Keyword: partnered.
Recall Belong Safe. A London-based on demand host insurance, which launched in February this year with paper from Hiscox to cater for ‘Airbnb style’ home-sharing insurance needs. The company closed its doors citing...
Philadelphia-based BenefitVault, a technology startup that provides a payment service for the insurance industry, laid off the majority of its staff last month. The startup once dreamed of becoming the PayPal of insurance and...
World’s largest Spanish insurance company Mapfre witnesses 30% of entries in its systems come from mobile and it isn’t about to lose momentum in the digital space. The insurer is looking to increase its digital...
Provider of enterprise compliance management software Convercent has raised $11 million in Series C funding led by Tola Capital. Compliance is sexy; at least that’s what some want you to...
Chinese search giant Baidu is checking another box in its mission to create an end-to-end vertical of auto products and services, as it continues its ambitious plan to develop autonomous...
“We understand this driverless policy to be the first of its kind in the UK – and possibly the world” – general manager at specialist insurer Adrian Flux Gerry Bucke on the launch...