So You Wanna Be An Insurance Agent?

Innovative, Affordable Product to Increase Insurance Accessibility

Insurance 4 That is a single item insurance solution, providing an alternative to traditional contents insurance by enabling people to insure individual items and nominate the insured value of these…

On-Demand Roadside Assistance Urgent.ly Nabs Another $7M in Funding

Allianz Digital Corporate Ventures, Verizon Ventures and Forte Ventures have invested $7 million in Series A funding in Urgent.ly, which provides on demand roadside assistance to users only when they need it….

BCBSV backs BeneStream

Blue Cross Blue Shield Venture Partners invested $2 million in BeneStream; a software company that helps employers enroll workers in Medicaid. Bottom Line: Made in Manhattan.

Fortegra and USAA; match made in heaven

FL-based Fortegra plans to create a specialized mobile phone protection products plan unique to USAA members as both brands are “perfectly aligned for an alliance“. Speaking of USAA, the company was…

CoverHound lands $33.3 million to expand to small business

CoverHound raises $33.3 million in a funding round led by ACE, bringing its valuation to $103 million. Worth Noting: till now the company focused on offering auto, home and umbrella insurance yet with…

Allianz and Volkswagen to fight for cybersecurity

A la ‘it’s better together’; Volkswagen, Allianz, BASF and Bayer plan to establish the “DCSO Deutsche Cyber-Sicherheitsorganisation GmbH“. In English it means a German cybersecurity organization that will operate as the preferred…

Youi gets in trouble with the Ad Standards Board

Australia-based Youi Car Insurance, which likely just wanted to make an emotional connection with its potential customers, has gotten into hot water with the Ad Standards Board over a TV ad…

The insurer that says walk or pay

Swiss insurance provider, CSS Insurance, may soon start charging higher premiums for those that choose not to participate in its MyStep program, through which the company monitors the step count of people…

Coverfox picks up additional funding

India-based online insurance aggregator Coverfox raised more money to ensure it can compete against bigger rival, PolicyBazaar. Bottom Line: a two-year-old startup with over $14 million in funding. Off on a…

Connected home player Roost lands $5.5 million

California-based startup, Roost, which specializes in smart-home tech, landed $5.5 million in Series A funding from RPM Ventures and a subsidiary of USAA. Roost transforms existing home smoke and carbon monoxide alarms into smart…

AIG and Axis; the unlucky ones

AIG and Axis are reportedly the unlucky insurers behind the ‘life’s short, let’s get lucky’ website known as Ashley Madison. Recall: the adultery website was hacked last month in a breach that exposed…

AXA Announces the Launch of AXA Partners

Today, AXA Group announced the launch of AXA Partners, a unit dedicated to developing partnership business globally. AXA Partners will be involved in co-creation of offers and distribution agreements whereby…

Gocompare partners with Iovation

UK-based insurance aggregator, Gocompare, partners with Iovation, to launch a point-of-quote fraud detection service. Think: a la ‘every device has a story’, Iovation intelligence can tell whether the device used to…

Censio and Progressive announce partnership

Censio startup partners with Progressive to track and reward good drivers. Think: lower car insurance premiums. Fun Fact: backed by Sheryl Sandberg and Bain Capital Ventures to name a few funders. Bottom Line: “Fitbit for drivers” in…

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