A word with Mark Senkevics

“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…

Around the water cooler

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…

A word with Mike Cagney

“Like, life insurance, for example” – Mike Cagney, co-founder and CEO of online lender, SoFi, is pursuing a $30 billion valuation by looking at the entire landscape of financial services. Here’s how the…

Discovery’s giving out Apple Watches

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…

You weren’t supposed to see that

File under ‘awful advertisements’: BizCover’s newish ad. Tip: always take into consideration YouTube Related Videos.

An insurer, a search engine and an investment group…

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…

More O(nline)

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…

Ring the alarm

Santa Monica-based security company, Ring, known for its flagship product, Ring Video Doorbell, will reimburse AmFam customers for their deductibles if their Ring-equipped home is burglarized. Also, AmFam customers will receive…

Banking for the little guys

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

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…

Clever move

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 Enhances its Claims Service

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…

New in claims-tech

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…

Australia’s first life insurer to use smartwatch

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…

Anbang to acquire Fidelity & Guaranty Life

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.

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