French P2P car sharing startup TravelerCar has raised ~$5.6 million in Series A funding; targeting a fivefold increase in user base by end of year. Bottom Line: backed by French insurance company MAIF.

AIG plans to reduce expenses by $1.6 billion through 2017 and will lay off 242 jobs in New York City. Bottom Line: cutting its way to growth.

Digital first is the driving force behind Aviva Canada‘s new partnership with the DMZ at Ryerson, the leading university-based incubator for emerging tech startups. The insurer is hoping that the innovative exchange with...

“By adopting telematics solutions from LexisNexis, we are providing yet another avenue for our members to take charge of their rates and become the best and safest drivers they can...

Zenefits rival Gusto has raised $25 million, mainly from insiders who wanted to become ‘more significant owners’, at a valuation of ~$1 billion. Recall: the once known as ZenPayroll raised $50 million late...

Berlin-based P2P startup Friendsurance has raised $15.3 million in a round led by Horizon Ventures. On the horizon: expansion to Australia. Bottom Line: in the company of those looking to upgrade traditional distribution...

Yesterday, Chubb announced the launch of its Small Commercial Insurance division for North America, which will be led by President Jim Williamson and dedicated to “improving the economics of the small commercial...

Meet CoverNow: a new health/life microinsurance solution offered via mobile by Upstream to customers of its Mobile Operator partners in Egypt and Brazil. Worth Noting: Upstream offers technology to accelerate mobile commerce in high-growth...

Geico marks 14 million policies in force. But that’s not all. Its 14 millionth auto policy was purchased on its mobile app. On the other hand, Google marks the end of Google Compare,...

MyLifeProtected, aka MassDrive’s brand for its insurance comparison services, is now available nationwide. Think: real time comparative quotes for P&C and L&H products. Hiscox Small Business headed in the same direction; the insurer...

CoverHound says 51% of its online insurance shoppers provided inaccurate information either by accident or intentionally. Bottom Line: watch out for millennials seeking renters insurance and/or ‘currently insured’ millennials (or else)...

Lincoln Financial Group has been selected as the 2016 Insured Retirement Institute (IRI) Marketing Innovation Award winner in the distributor category for its Territory Visualizer. Think: an app that provides a...

Apple unveiled a new open-source development platform called CareKit, which would let developers introduce health care apps capable of monitoring a wealth of information though Apple devices; the kind of...

Denver-based CirrusMD has raised $1.05 to strengthen its software and expand its team. The Gist: patients use CirrusMD software to message on-call doctors. The data from each session is then...