Latest InsurTech Headlines

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

Chubb and Chile Insurtech Betterfly Form Partnership for LatAm Offering

Dec 2 2021 // Chubb Ltd. is joining with insurance-tech startup Betterfly for offerings in Mexico, Colombia, Ecuador, Chile and Argentina as the companies seek to tap into under-served Latin American markets.The partnership will focus...

Insurance Technology: Chubb Enhances Cyber; Sompo Teams with Praedicat; Willis, CodeEast Eye Product; FMl Adds Home Help

Dec 1 2021 // Chubb Enhances Cyber Risk Service OfferingsChubb has expanded its cyber risk service offerings to further support all commercial clients in reducing exposures and mitigating potential losses. Russ Cohen, vice president,...

New York City Aims to Be First to Rein in AI Hiring Tools

Nov 24 2021 // Job candidates rarely know when hidden artificial intelligence tools are rejecting their resumes or analyzing their video interviews. But New York City residents could soon get more say over the computers making...

Insurtech Startup Kettle Raises $25M to Expand Wildfire Reinsurance Protection

Nov 24 2021 // Kettle, the San Francisco-based reinsurance startup that uses artificial intelligence to better protect people from the growing wildfire risks of climate change, announced it has been reinsuring homes during the 2021...

IncubEx, Led by Industry Veteran Eckert, Buys UK Insurtech Platform Insurwave

Nov 24 2021 // IncubEx Inc., a Chicago-based company that is chaired by industry veteran Neil Eckert and designs and develops new financial products in global environmental, climate risk and related commodity markets, announced the...

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...