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UAE-based Compareit4me.com will soon launch the region’s first car insurance comparison portal because “users need a quick and easy way to compare car insurance”. On the subject of aggregator models, Accenture...
Oakland-based startup Captricity that aims to digitize paper documents and then mine them for data via its data-as-a-service platform, raised $35 million in Series C funding led by White Mountains Insurance...
“The first ‘viral’ health insurer” – Mario Schlosser, Cofounder and CEO of health tech startup Oscar, says that a third of the company’s new members are referred by friends. Bottom Line: 125,000...
UK-based price comparison giant, MoneySuperMarket, rolled out its new technology platform to car and home insurance and to TravelSuperMarket.com at the end of 2015. Bottom Line: experiencing stiffer competition in its insurance business....
MindTouch, a cloud service that helps customers find answers to product questions using the company’s existing documentation, training materials and customer service documents, raised $12 million in funding to build sales...
The company acquired 99.6% of Penta Security, the fourth largest non-life insurer in Chile, “to build scale in successful, existing markets.”
ACE completed the $29.5 billion acquisition of Chubb and adopted its name. The move creates the world’s largest publicly traded property and casualty insurer. Bottom Line: looking good.
Brooklyn-based PolicyGenius closed a $15 million Series B funding round led by Revolution Ventures to further reshape the direct-to-consumer insurance industry. Recall: raised $5.3 million in Series A funding last summer. Bottom Line: targeting millions...
London-based digital healthcare startup Babylon Health has raised $25 million – the largest series A funding round in European digital healthcare to date – bringing the company’s valuation to something north of $100...
Mobile capture and identity verification software solutions, Mitek (pronounced my tech), announced that a certain Fortune 500 P&C insurance company has selected its Mobile Fill solution to enable consumers to easily...
RAC Telematics has launched a Bluetooth-enabled key fob that allows company car drivers the ability to turn off telematics analytics when they are not making business-related journeys; may help with privacy concerns....
The largest US life insurer, aka MetLife, plans to do away with its Systemically Important Financial Institution (SIFI) designation by spinning off its retail life and annuity business in the US because “an independent...
Lemonade, the world’s first P2P insurance carrier, announced its ‘insurance dream-team‘. Think 2 Ex-ACE and 2 Ex-AIG. Recall: NYC-based Lemonade recently raised $13 million from Sequoia Capital and is slated to launch in...
Uber China, which is now valued at $7 billion, compared to a $16 billion valuation of its main rival Didi Kuaidi, raised new funds. Reports suggest that China Life Insurance is one of many investors....
NYC-based healthtech startup Vericred raised $3.1 million in its second round of seed funding to expand its data services and beef up its sales team. The company’s flagship product is a health plan search...