Editor at Coverager
Claim Di, a Thai startup that offers a mobile app to facilitate the processing and payment of auto insurance claims, secured $2 million in Series A funding. The cash will also be used to...
File under ‘awful advertisements’: BizCover’s newish ad. Tip: always take into consideration YouTube Related Videos.
German insurer Allianz, Chinese search engine Baidu, and investment group Hillhouse Capital form a joint venture that will allow the trio to sell insurance online to individuals and small businesses in...
The Korea Life Insurance Association and the General Insurance Association of Korea are getting ready to launch the first online insurance comparison portal in Korea come Nov. 30, called the “Insurance...
China is looking to create a database, currently referred to as the Social Credit System that will rate Chinese peeps based on ‘social metrics’ such as whether they paid their bills or...
Baidu, China’s biggest search engine operator, announced the launch of a ‘direct bank’ made possible due to the “first in-depth cooperation between an Internet company and a traditional bank”; in direct competition to Alibaba;...
Hartford Steam Boiler invests in Augury; a company that makes smart device technology for managing heating, ventilation and air conditioning systems, aka HVAC systems. Refresher: the insurer, which formed a venture capital group...
Swedish insurer Länsförsäkringar launched a marketing gimmick in the form of an app called Fulfiltret, which means “Nasty Filter”. You say “idiot”, it says “genius”. Bottom Line: an attempt to fight cyberbullying.
Bajaj Allianz General Insurance plans to allow customers to settle claims on their own up to the limit allowed by insurance regulator IRDA. Here’s how it will work: customer has a car accident, customer...
Life insurance giant MLC has jumped on the fitness-tracker bandwagon as the company explores “other ways of assessing risk of individuals”. The Watch: Intel Basis Peak fitness. Bottom Line: Australia’s first insurer to use smart watch...
compareit4me is to UAE as nerdwallet is to US. A website that is “dedicated solely to finance and insurance”. Bottom Line: just raised $3 million.
China’s Anbang Insurance Group will acquire Fidelity & Guaranty Life for ~$1.57 billion. Same Anbang that purchased the New York Waldorf Astoria hotel for $1.95 billion back in February.
Comparison auto insurance website Compare.com adds Kemper Specialty California to its list of carriers. The insurer’s auto product is already available on CoverHound and Google Compare. Fast followers.
Two insurance industry execs launched a new company called Reinsurance Direct that will allow employers who self insure their medical benefit plans to purchase stop loss insurance directly from the source because...
Auto insurance comparison site, Google Compare is now available in 4 states: California, Texas, Arizona and Illinois. Included: Some 20 something auto insurers. Not included: Geico and its peers. Experience:...
