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