Tuesday, January 19, 2021

Fabric nabs $2.5m to simplify life insurance

Life insurance startup Fabric has pocketed $2.5m in a Seed round led by Bessemer Venture Partners. Read more: www.fintechroundup.com

Anthemis secures investment partnership with Baloise

Anthemis currently holds more than 30 companies in its portfolio, including Betterment, fundraising platform Artivest and on-demand insurer Trov. Read more: www.finextra.com

Equinix and Lloyd’s to transform catastrophe risk modeling

The Oasis framework was developed over five years at a cost of $4m. It is expected to lead to significant savings in modeling in the coming years. Read more: www.prnewswire.com

AXA issues new infographics on InsurTech in China

The Digital Insurer releases AXA's infographic on InsurTech in China. Read more: www.the-digital-insurer.com

Insurtech Startup ValChoice Receives $120K Microsoft Award

ValChoice, which allows insurance consumers to find the companies offering the best price, protection & service, receives $120k Microsoft BizSpark Plus Award. Read more: www.finsmes.com

InsurTech futures: brokers could be replaced by robots

Brokers could potentially see themselves replaced by AI as technology improves, but disruptive technology can also be an opportunity for the market. Read more: www.insurtechnews.com

Speedinvest invests in Croatian ‘insurtech’ startup Amodo

Vienna-based VC Speedinvest has made its first investment in Croatia: Amodo works with insurance companies to bring "usage-based insurance" to the market. Read more: tech.eu

The new paradigm of connected insurance

This new insurance approach is based on the use of sensors for collecting and transmitting data on the status of an insured risk. Read more: www.insurtechnews.com