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C Spire partnered with bolt Lilypad Insurance partnered with Centauri Insurance Homesteaders Life picks Continental Computers in Claims Venbrook Group partnered with Crum & Forster FTP Inc. partnered with AmTrust Financial Lemonade picks ZestyAI in Underwriting Connor & Gallagher OneSource picks TrustLayer in Admin Five Sigma picks Vitesse PSP Limited in Claims Enstar Group raised $350M Crédit Agricole Assurances raised $818.37M Counter picks Northwestern Mutual in Claims Onward Group partnered with Equinox Nirvana Insurance raised $80M Klaim raised $10M InsureVision raised $2.7M

Liberty Mutual closes year with strongest balance sheet

By Shefi Ben-Hutta

The combined ratio improved to 91.5%, the lowest in 20 years.

Ana Seguros Chooses Octo Telematics For Fleet Telematics

By Shefi Ben-Hutta · Aug 25, 2017

Octo Telematics, a leading global provider of telematics and data analytics solutions for the auto insurance industry, announced today that Ana Seguros, a part of Grupo Valore, has chosen Octo...

Strategy

Head to Head: ONE vs. Lemonade

By Shefi Ben-Hutta · Aug 24, 2017

Wefox founder and CEO Julian Teicke wrote an 860-word post under the subject Will ONE outgrow Lemonade right from the start? Yes! Here’s the gist, side-by-side, in < 100 words: Recall:...

Strategy

Mitsui Sumitomo Insurance to Acquire First Capital Insurance

By Shefi Ben-Hutta · Aug 24, 2017

Mitsui Sumitomo Insurance (MSI), a subsidiary of MS&AD Insurance, announced it has reached an agreement with Fairfax Financial to enter into a global partnership and to acquire First Capital Insurance,...

Investments

CMFG Ventures Backs Digital Small Business Lending Platform Mirador

By Shefi Ben-Hutta · Aug 24, 2017

@cmfgventures Announces Investment in Mirador's Digital Small Business Lending Platform #creditunions https://t.co/9P2U29MQWF pic.twitter.com/nVwuQq6P3i — TruStage (@TruStage) August 24, 2017 The VC arm of CUNA Mutual Group, CMFG Ventures, announced its investment in...

Business

DHFL Pramerica Life Insurance Signs Dhanlaxmi Bank as Bancassurance Partner

By Avi Ben-Hutta · Aug 24, 2017

DHFL Pramerica Life Insurance Company Ltd. (DPLI) a joint venture between DHFL Investments Limited (DIL), a wholly-owned subsidiary of Dewan Housing Finance Corporation Ltd. and Prudential International Insurance Holdings, Ltd....

Business

Anne Melissa Dowling Accepts Advisory Role with Carpe Data

By Shefi Ben-Hutta · Aug 24, 2017

Carpe Data, the leading provider of next-generation data products for the insurance industry, announced today that former Illinois Director of Insurance, Anne Melissa Dowling, CFA, will be joining the company’s...

Investments

China Life and Baidu to launch $1 billion internet fund

By Shefi Ben-Hutta · Aug 24, 2017

China Life Insurance Group Co and Baidu Inc will form a $1 billion private equity fund, targeting internet and other technology investments . The Baidu Fund Partnership will be capitalized...

Fluttrbox Delivers Drone Inspections for Fortune 500 Company

By Shefi Ben-Hutta · Aug 24, 2017

Fluttrbox, provider of on demand insurance property inspections, is pleased to announce that they have been tasked with carrying out on-demand drone property inspections for a Fortune 500 company within...

Investments

With $2.6M in Funding, Gabi is Now Active in California

By Shefi Ben-Hutta · Aug 24, 2017

Meet Gabi. A San Fran-based digital insurance manager that offers a rate monitoring service : Gabi, which launched earlier this year, officially launched in Jan. 2017, has recently announced a $2.6...

Marketing

100% Organic, Effective Coverage

By Avi Ben-Hutta · Aug 23, 2017

What would you expect to find when you type “renters insurance california” or “california renters insurance” in Google search? Lemonade? GEICO? How about Effective Coverage, the renters insurance platform available...

Business

Home Telematics Innovator Roost Announces $10.4M Series B Funding Round

By Avi Ben-Hutta · Aug 23, 2017

Roost, a leader in Home Telematics for property Insurance carriers and creator of the Roost Smart Battery and the Roost Smart Water Leak and Freeze Detector solutions, today announced it...

Business

Surely, Something Went Wrong vs. Surely a Better Way

By Shefi Ben-Hutta · Aug 23, 2017

In 2014, London-based Surely announced the launch of its cloud-based “Quote & Buy” platform, designed to enable insurers to rapidly launch insurance products into the market. The system presents pre-sales information, provides...

Business

Lazada Malaysia Partners With AIG Malaysia To Be The First To Launch Affordable Insurance Online

By Avi Ben-Hutta · Aug 23, 2017

KUALA LUMPUR, Aug 22, 2017 – Leading e-commerce platform, Lazada Malaysia, today announced a partnership with AIG Malaysia, subsidiary of American International Group, Inc (NYSE:AIG), to provide a more convenient,...

The Digital Equivalent of Reading Body Language

By Shefi Ben-Hutta · Aug 23, 2017

Let’s assume that one walks into a store. And in that store, there’s a salesperson that can look at the customer and detect whether the customer is in a hurry,...

Innovation

Say Goodbye to Security Deposits, Say Hello to Rhino

By Shefi Ben-Hutta · Aug 23, 2017

Meet Rhino. An alternative to security deposits offering landlords a peace of mind: The NY-based startup was established in 2017 by Paraag Sarva and Benjamin Lantos, and is part of a growing club...

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