Coverager® - Insurance News and Insights

Betterview Secures $7.5 Million Investment

By Paul Ptashnick

“Guidewire Software joins Betterview’s existing investors in a $7.5 million funding round that brings Betterview’s total capital raised to $17 million” San Francisco, CA – June 3, 2020 –Betterview today...

Investments

Accountfy raises $6.5 million

By Avi Ben-Hutta ·

Accountfy offers companies a set of features to simplify their finances

Innovation

AXA UK to use Verisk’s live video app for commercial property claims

By Avi Ben-Hutta ·

The ClaimXperience app is already being used by AXA's household customers, who can show escape of water damage in real time to their home insurer.

Investments

Beam raises $26 million

By Avi Ben-Hutta ·

Beam is currently available in Australia, New Zealand, South Korea, Taiwan and Malaysia, and it offers per trip personal accident insurance coverage underwritten by Allianz and Chubb to eligible Beam riders.

Business

Manulife gives “Thank You Day” off to employees in 2020

By Coverager ·

Manulife and John Hancock will be giving its more than 35,000 employees a “Thank You Day” off on Friday, June 19 this year in appreciation of all the hard work they’ve done serving customers...

Investments

UK digital bank Starling Bank raises £40 million

By Shefi Ben-Hutta ·

The investment from Starling’s existing investors follows a £60 million investment in February 2020, bringing the total raised by Starling in 2020 to £100 million.

Investments

Smart socks maker Siren raises $11.8 million

By Avi Ben-Hutta ·

The company's first commercial product is an FDA-registered temperature monitoring sock for the early detection of inflammation that leads to diabetic foot ulcers.

Investments

American Family Ventures invests in Wyze

By Avi Ben-Hutta ·

Founded in 2017, Wyze is on a mission to make quality smart home technology accessible to everyone

Strategy

Allianz to offer free insurance to select Lime users

By Shefi Ben-Hutta ·

Lime riders are now covered with insurance provided by Allianz; the two partners will also launch a global road safety education program and distribute 50,000 helmets for e-scooter riders.

Investments

DiDi completes over $500 million fundraising round

By Coverager ·

Didi Chuxing announced the completion of the first fundraising round of over $500 million for its autonomous driving subsidiary

Business

Fidelity Life announces departure of CEO

By Coverager ·

Fidelity Life’s Board will commence the search for a new CEO immediately.

Investments

Cabana raises $3.5 million

By Avi Ben-Hutta ·

Cabana converts camper vans into mobile hotel rooms

Business

Starr launches on-demand aviation renters insurance

By Avi Ben-Hutta ·

The program includes the ability to access CloudAhoy, a third-party, cloud-based pilot analytics tool, for a potential discount on the premium.

Investments

GoBear raises $17 million

By Avi Ben-Hutta ·

To date, GoBear has served over 55 million users searching for more than 2,000 personal finance products.

Investments

Allianz Life Ventures backs Accern

By Coverager ·

Its clients and strategic partners include Allianz, Jefferies, IBM, Google, and Microsoft.

Business

AgUnity and Etherisc to develop blockchain solutions for farmers

By Coverager ·

New blockchain solutions will enable smallholder farmers to safely use insurance products and continue to transact during the pandemic.

1 2 3 4 … 559

Member News

Multinational Insurance Company Completes Upgrade of Majesco Policy for P&C from On-Premise to Majesco CloudInsurer® to Bolster Growth Strategy

By Denise Garth, Majesco ·

Betterview Secures $7.5 Million Investment

By Paul Ptashnick, Marketing & Communications Consultant ·

VisitorsCoverage, Inc. Adds COVID-19-Targeted Benefit to CoverAmerica-Gold® Travel Medical Insurance Policy, The First of its Kind

By Rajeev Shrivastava, VisitorsCoverage ·

Improve customer retention with the power of APIs

By Amber Livingston, Smartcar ·

Majesco Announces Strong Fourth Quarter Product Revenue and Full Year Fiscal 2020 Results

By Denise Garth, Majesco ·

Veruna Forms Strategic Partnership with Insuritas

By Jennifer Overhulse, St. Nick Media Services ·

BrokerTech Ventures and InsureTech Connect Announce Strategic Alliance

By Jennifer Overhulse, St. Nick Media Services ·

Solo test drives and full cover within 90 seconds – the future of automotive retail is here

By Alan Inskip, Tempcover ·

HDI Austria live with FRISS for automated claims fraud detection and compliance screening

By Ruud van Gerwen, FRISS ·

Swansong for the London market suits?

By Bart Patrick, Duck Creek Technologies Europe ·

Share a news tip with Coverager

Do you have any piece of information that's newsworthy? Coverager relies on different sources to tell stories and we invite you to share news with us. You can reach out to us here or you can connect with us here and here.