Editor at Coverager
“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...
Guy Carpenter is working with Pool Re and Cranfield University to develop a terrorism risk model. Recall: the leader in reinsurance recently announced a partnership with Symantec around a cyber aggregation model. Bottom...
The company earned top scores in all four categories: (1) functionality, (2) ease of use, (3) privacy and security and (4) quality and availability, in Keynote Q1 2016 Mobile Insurance Scorecard; a...
UK-based software provider Insly has raised €1 million in seed funding to grow in the London insurance market. Think: a cloud based agency management and CRM software for things such as tracking policies, billing,...
Anthemis and Exponential Ventures, the newly formed disruptive innovation and venture capital arm of MMI Holdings, have launched a global investment partnership that will invest in early stage financial wellness companies....
Massachusetts-based weather startup Understory, developer of roof sensors and hyper-local data networks, is expanding its platform to the Metropolitan Dallas, Texas area. The platform, which consists of patent-pending sensors networked together to feed...
The 94-year-old insurer introduced a new tagline: “Here to Help Life Go Right”. If you say it long enough, it will stick. Bottom Line: insurers are scrambling to improve their messaging....
China’s Thaihot Group has agreed to purchase the insurance business unit of Hong Kong bank Dah Sing for $1.4 billion; that’s nearly three times Dah Sing insurance’s 2015 embedded value, which...
Senior advocacy organization AARP has renewed its motorcycle and mobile home insurance programs with Foremost Insurance for another five-years. Big deal. One gets more than half its total revenue from royalties on...
Esurance goes from dongle-based telematics to mobile-based telematics. The company launched its first usage-based insurance app in Utah, and will roll out to additional states this year. Speaking of mobile, Zenefits is now on-the-go.
Munich Re’s insurance business Ergo, which underwrites both P&C and L&H insurance businesses, will launch a stand-alone digital insurance company, with an initial offering of an auto product, in an attempt to...
“A popular sentence in the insurance industry is: ‘The internet can never fully replace a good broker or agent’. It’s a good example of how the industry tends to think in...
Liberty Mutual Strategic Ventures (LMSV) invests again. Think: Denver-based Notion, a startup for home-monitoring sensors, closed $3.2 million in a round led by XL Innovate and LMSV bringing its total funding to date...