ForeverCar Announced $10 Million in Backing From CUNA Mutual Venture Arm

Auto warranty startup ForeverCar announced it has raised $10 million in a Series A round led by CMFG Ventures; the venture arm of CUNA Mutual Group. The Chicago-based startup allows customers to shop different…

Root is to auto as Lemonade is to home

Root Insurance officially launched to the public today. Think: a Columbus-based mobile-only auto insurer made possible due to $7 million in funding from Drive Capital and reinsurance backing from Munich Re, Maiden Re,…

Hixme Nabs $14.1 Million

California-based health benefits startup Hixme announced it has raised $14.1 million in a Series B round led by Propel Ventures  (cough, investors in the emerging Hippo, cough) bringing its total…

Meet Alan

French startup Alan launched today . Think Oscar but for businesses, aka a full stack digital health insurer with a fancy dashboard, killer prices (relatively speaking), and $13 million in…

Hixme secures $14.1 Million Series B funding, led by Propel Venture Partners, BBVA’s Outside Venture Fund

Hixme, the disruptive technology leader in the new era of worker-owned benefits, today announced the closing of its latest round of funding, led by Propel Venture Partners, BBVA’s outside venture…

Assurant reports third quarter 2016 financial results

3Q 2016 Net Income of $144.4 million, $2.37 per diluted share 3Q 2016 Net Operating Income of $60.7 million, $1.00 per diluted share Assurant, Inc. (NYSE: AIZ), a global provider…

Anti Airbnb Law Signals Uncertainty for Slice

Last Friday New York governor Andrew Cuomo signed a bill into law that will make it much harder for Airbnb to operate in the state. New York already prohibits rentals…

Inchain ICO To Start On October 26

Emerging startup Inchain is getting ready to launch its Initial Coin Offering, aka ICO on Oct. 26. Think: a decentralized insurance platform that allows users to insure risks of losses of their crypto-assets…

Verisk Analytics Acquires Analyze Re

Verisk Analytics announced it has acquired three-year-old Analyze Re, a software analytics provider for the insurance and reinsurance industries, for an undisclosed sum. The Canadian startup, which raised a combo of $1.4 million in funding,…

BIMA: Simple Product. Strong Presence.

“What happens if I don’t die” – Mathilda Strom, deputy CEO of microinsurance provider BIMA, on being asked odd questions. Better yet, odd questions which she says you can’t address via…

Marias Technology becomes AAIS alliance partner

Marias Technology, a provider of software testing, project management, integrations, implementation, hosting services, and more to the insurance industry, has joined AAIS as an Alliance Partner, effective September 26. “We’re…

China’s Oceanwide to Acquire Virginia Genworth Financial

Virginia-based life and annuities insurer, Genworth Financial, is being acquired by Oceanwide a Chinese conglomerate , for $2.7 billion. The US insurer will continue to operate as a standalone company while senior managers get to…

AXA and Marsh in £300 Million Bluefin Deal Talk

French insurer Axa is in talks to sell its brokerage network Bluefin to Marsh for a deal that may be worth £300 Million . Some 1400 employees are involved. The rumor follows a £375 million deal…

Transforming Cyber Underwriting

When companies seek property insurance, they answer straightforward, objective questions to obtain the desired coverage. Companies seeking cyber insurance coverage have to answer complex and subjective questions, often making it…

Xceedance welcomes George Freimarck as VP of business development

BOSTON, MA – (Marketwired – May 31, 2016) – Xceedance, a global provider of insurance and consulting services across all lines of property and casualty (P&C) insurance, is pleased to announce…

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