Editor at Coverager
Nanjing-based data service provider, Lichengbao, partners with smaller insurers to launch China’s first usage-based insurance targeting drivers who think flat (premium) is out. Bottom Line: 100,000 users aiming for 500,000 come...
The Ohio-based insurer launched a new commercial quoting system that allows its agents to quote Business Owners and Auto quotes faster. It’s called FastPath. Bottom Line: sounds awfully similar to CNA’s Quote...
The NYC-based startup that raised $13 million to disrupt P&C insurance via a Peer-to-Peer model is defining its market – “Buffett’s margin is Lemonade’s opportunity”. P2P models certainly enjoy a lot of mind share but...
Yesterday Baidu announced its driverless modified-BMW 3-Series has successfully navigated a complicated route through Beijing. The Gist: Google is aiming for the moon looking to launch a driverless car that’s fully capable...
“We have a cemetery of apps” – Isabelle Conner, CMO at Generali, believes apps are not the answer. Instead, the company is looking to empower and engage with their agents, aka ‘their...
Aviva launched a new ~£100m venture capital fund that will look to invest in a range of digital and new technology businesses. And the first investment goes to…Cocoon – a smart device...
Germany-based startup FairFleet, which acts as a matchmaker between drone pilots and businesses, launched out of beta mode this week, aka it’s open for business if the business is in Germany. Fun Fact:...
Another company the public knows little about – Melody Health Insurance – secured $3.8 million in equity funding with the promise to create lovable health insurance. At this point, if you are wondering...
“We’re betting Lemonade will transform the insurance landscape beyond recognition. It is one to watch” – Partner at Sequoia Capital, Haim Sadger, on the first P2P insurance company called Lemonade. Bottom Line: the...
Melody Health Insurance, the startup health insurer that will provide value-priced health insurance to individual consumers throughout the U.S., today announced it raised $3.8 million in equity funding. The company...
Indonesia-based Adira Insurance is boosting its IT spend by ~15% to add more digital touch points. Think: building a digitized system that’s a combo of websites and a mobile app that will handle insurance transactions, claims,...
“There will be more accurate underwriting, and to a certain extent it probably removes some human emotion in terms of decision making too” – Mark Senkevics, head of Swiss Re Australia and...
AppDynamics raises $158 million bringing its total valuation to $1.9 billion; its software is used by Progressive to monitor and optimize customer experience. Aflac partners with EZShield to offer identity protection services to business owners and...
In Johannesburg, Discovery launched a new initiative in which it is giving clients Apple Watches for the cost of exercise. In US, a woman is more likely than a man to say...
The funeral services market is expected to grow rapidly in China as population ages. Sunshine Life Insurance saw it coming and is jumping in with a $100 million acquisition deal in...
