Latest InsurTech Headlines

All the headlines from our InsurTech Topic Page, ordered by recency.

Insurtech Slide Closes $100M Fundraising Round

Nov 22 2021 // Slide, an insurtech company based in Tampa, announced it is closing its oversubscribed, $100 million Series A fundraising round. Slide uses data, artificial intelligence and machine learning to let homeowners create...

Independent Agents Can Access Tech Training, Tools with Catalyit

Nov 22 2021 // Independent agent associations in seven states have teamed up with the technology company Catalyit to help agencies assess and improve their use of data and technological innovations in the insurance arena. “Every...

Swiss Re and China Tech Giant Baidu Partner to Advance Autonomous Driving Industry

Nov 19 2021 // Swiss Re and Chinese tech giant Baidu are teaming up to further develop the autonomous driving industry, announced Swiss Re.The partnership between Swiss Re and Baidu aims to further develop the autonomous driving industry...

State Farm and Generali Join Investors in Computer Vision Startup Nexar

Nov 19 2021 // State Farm and Generali joined the $53 million financing round for Nexar, an artificial intelligence computer vision startup based in New York.The technology startup provides crowdsourced visual data that is contextualized...

Vertafore Acquires Ohio-Based Insurtech AgencyZoom

Nov 18 2021 // Vertafore, a provider of insurance technology, has acquired Columbus, Ohio-based inusrtech AgencyZoom, a cloud-based sales automation platform for insurance agents.AgencyZoom provides insurance agents with sales analytics...

Insurance Technology: LineSlip Aids Property Underwriting; Bold Penguin Adds 2 Products:, Cowbell Assesses AWS

Nov 17 2021 // LineSlip Streamlines Property Value Reporting, Underwriting DataLineSlip Solutions recently unveiled a new tool to help risk managers, insurance brokers, and real estate asset managers streamline the collection and...

SoftBank-Backed Fintech Raises $761M in India IPO. Now Comes the Hard Part.

Nov 16 2021 // Yashish Dahiya’s PB Fintech Ltd. climbed 23% on its first day of trading after raising $761 million in an IPO. Now comes the hard part.“Now, we have to deliver,” the founder and chief executive officer...

Want Wearable Tech With That Workers’ Comp Policy? Kinetic Teams With Nationwide.

Nov 16 2021 // New York-based safety technology firm Kinetic has formed an underwriting partnership with Nationwide’s E&S/Specialty division. Acting as program manager, Kinetic Insurance is offering workers’ compensation...

Insurance Technology: Agents and Multi-Factor Authentication; TA Invests in Insurity Again; GCube Touts AI in Renewable Energy

Nov 15 2021 // ID Federation Offers Multi-Factor Authentication Resource for AgenciesInsurance carriers and their agency partners face a “gathering storm” of confusing requirements and changes in the area of multi-factor...

Insurtechs Hope NC Sandbox Will Ease Regulations for Innovations

Nov 15 2021 // Until now, it has been practically verboten for insurers in many states to offer policyholders a free fitness tracker, such as a FitBit, or even wearable sniffers for factory workers to help detect toxic gases.The...

Big Tech Data Centers Generate Concern Over Scarce Western Water

Nov 15 2021 // Conflicts over water are as old as history itself, but the massive Google data centers on the edge of this Oregon town on the Columbia River represent an emerging 21st century concern.Now a critical part of modern...

Insurtech Funding on Track for New Record After Hitting $5.3B in Q3

Nov 12 2021 // Insurtechs continue to attract significant investor cash, pulling in a near-record $5.3 billion for the 2021 third quarter, representing a total of 472 deals.U.S. companies nailed down most of the cash, according to a...

Aston Lark Acquires UK-Based Innovation Broking

Nov 12 2021 // Aston Lark Group, the London-based insurance broker backed by Goldman Sachs that is soon to become part of Howden, announced it has acquired Innovation Broking.Financial details of the deal were not disclosed. Established...

Insurtech Arbol Launches Bermuda MGU, Focusing on Parametric Reinsurance

Nov 10 2021 // Arbol Inc., a New York City-based insurtech platform for parametric protection products, announced the launch of Arbol Underwriters Ltd. (AUL), a registered insurance agent based in Bermuda, which is focused on providing...

Lemonade to Acquire Auto Insurer Metromile in Merger of Insurtechs

Nov 9 2021 // Digital insurer Lemonade plans to acquire California-based pay-per-mile auto insurance startup Metromile in an all-stock transaction as it continues to expand, Carrier Management reported.With the agreement, the New...

Chaucer, Parametric Insurtech Yokahu Offer Product to Cut Caribbean Protection Gap

Nov 8 2021 // Chaucer, the London-based specialty re/insurance group, and parametric insurtech startup, Yokahu, are launching a new microinsurance product, which will provide cover for hurricane events in the Caribbean.This new...

Is Your “Tech Stack” a Spreadsheet? Three Reasons to Invest in Insurtech Now

Nov 8 2021 // This post is part of a series sponsored by AgentSync.The insurance industry has been around for thousands of years. But that’s no reason your agency should still be operating like it’s 1916! One of the greatest...

Insurtech Startup With Claims Monitoring Platform Raises $30M

Nov 4 2021 // Insurtech startup owl.co Labs Inc. raised $30 million in new venture capital. Many plans are in play to spend the cash infusion, including hiring, and accelerated growth plans for the company’s machine...

Insurtech Lemonade Enters ‘Green’ Auto Insurance Business

Nov 3 2021 // Home, renters and pet insurer Lemonade is deploying its artificial intelligence, behavioral economics and social good mantra with its newest product, Lemonade Car.Lemonade Car is designed to offer better auto insurance...

Orion180 Expands Home Insurtech Model Into Georgia, South Carolina

Nov 3 2021 // Orion 180, a homeowners’ insurtech company, has expanded into Georgia and will soon move into South Carolina, the company said this week. Orion, based in Melbourne, Florida, uses technology to allow homeowners to...