Editor at Coverager
San-Fran based startup Zendrive has raised $13.5 million in Series A funding led by Sherpa Capital for its software that analyzes data coming off smartphone sensors to gather information on safe driving, part...
AXA Strategic Ventures is among the backers of a $55 million fundraising by Montreal-based blockchain startup Blockstream, which partnered with PwC earlier this year to develop distributed ledgers called sidechains that are interoperable...
“Think of robotics as a solution for 10% of a typical high volume business process (like claims processing in insurance), cognitive is able to automate the rest” – VP of Marketing...
Prudential entered the life insurance market in Zambia by acquiring the country’s fourth largest life insurance company Professional Life Assurance. Recall: Prudential has operations in Ghana, Kenya and Uganda. Fine Print: subject to...
A new study compiled by Citizen Lab and the Munk School of Global Affairs, called “Every Step You Fake: A Comparative Analysis of Fitness Tracker Privacy and Security”, reveals fitness trackers...
Barmenia Insurance, an independent insurance group in Germany, and KASKO, a startup helping insurers bring their products to the point of demand, launched a pilot program that allows customers to purchase car insurance on AutoScout24.
“It is not easy, in fact, [to] build trust with this completely new approach in an industry whose credibility was undermined by businesses like yours [for] years systematically” – Knip founder...
A new campaign from Progressive takes a different spin on Super Bowl advertising. Think: a Super Duper Bingo game that will roll out for Super Bowl Sunday with the grand prize of...
Aviva CEO Mark Wilson says insurance “has been dominated by two forms of distribution – tied agencies and banks” and both channels are “expensive for consumers”. This is the same...
Des Moines-based Global Insurance Accelerator (GIA) is preparing for launch day – Feb. 9 – with the following winning teams: Smart Drivinc (St. Louis, Missouri): a distracted driving and crash prevention...
Calgary-based full service insurance brokerage firm InsureMy is piloting a new program called New Drivers Intelligence (NDI), which offers parents access to real-time driving data, all for the sake of greater coaching...
RSA Insurance Group has completed the sale of Intouch Insurance (RSA Russia) to BLAGOSOSTOYANIE in a transaction worth approximately ~£5 million. More on RSA. The company plans to hire some and...
USAA has dumped its advertising agency Campbell Ewald after one of the agency’s creative directors sent out a racist ‘Ghetto Day in San Antonio memo’ that became public last week....
ZhongAn has teamed up with Alibaba’s cloud computing service provider, Aliyun, to launch the first cloud computing insurance in China. Cloudsurance, which claims to be “the world’s first cloud insurance for...
“We launch startup ventures because of their potential to transform health care. Sometimes, those early stage investments don’t bloom into mature stand-alone companies.” After two years, Cambia Health Solutions has shut down...
