Friday, September 18, 2020

PwC runs blockchain prototype for London insurance market

PwC has created a working blockchain prototype for the London Market Target Operating Model (TOM) Innovation Exchange. Read more:

HSB uses IoT to help insurers prevent losses

Using sensor technology to remotely monitor business equipment and facilities could prevent millions of dollars in losses for insurers and their policyholders. Read more:

Smart home devices present insurers with data challenges

But carriers are interested in improving customer relationships with more value-added services. Read more:

Irish InsurTech startup ClaimVantage picks up €2m

Insurance claim management software provider ClaimVantage has raised €2m to fuel its international expansion efforts. Read more:

How Lemonade and AI are putting the fizz in insurance claims

US peer-to-peer InsurTech start-up Lemonade, claims it has set a world record for the speed and ease of paying a claim at three seconds with zero paperwork. Read more:

FinTech investments slides as InsurTech gains

The unexpectedly large turnout at last week’s insurance technology conference in Las Vegas speaks to the changes in the fintech landscape. Read more:

Aurora Exchange combines P2P lending and InsurTech

Aurora Exchange announced two major partnerships that pave way for bringing transparent and cost efficient consumer lending to the European market. Read more:

Is there risk in embracing InsurTech?

As insurers rush headlong into the digital scramble, they should keep in mind the proverbial iceberg. Read more:

Digital Fineprint links Eos Venture Partners for pre-Series A

InsurTech social data startup Digital Fineprint has signed up Eos Venture Partner as the lead investor for its pre-Series A round. The size of the funding is undisclosed. Read more:

InsurTech Startup Receives Investment from Allianz Group

Simplesurance, a Berlin, Germany-based insurtech startup, received a minority investment from Allianz Group. Read more: