Insurance is evolving through technology
We are seeing a very clear shift away from traditional insurance cover to newer, more evolved methods to maintain pace in a fast changing, always-on and connected world. Read more: www.bizcommunity.com
Social InsurTech startup Tribe gets BearingPoint backing
Oslo-based InsurTech startup Tribe has landed a new investment from BearingPoint as a part of the European consultancy’s venture efforts. Read more: www.fintechroundup.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
EverQuote lands additional $13m for insurance marketplace
Online insurance marketplace EverQuote is adding $13m to its $23m Series B round and appointing a new member to its board. Read more: www.fintechroundup.com
Global IoT insurance market to reach nearly $43bn by 2022
The global Internet of Things (IoT) insurance market is estimated to grow dramatically at a compound annual growth rate (CAGR) of 65.89% to reach $42.76bn by 2022. Read more: www.canadianunderwriter.ca
Blockchain is empowering the future of insurance
The embers of innovation are beginning to char the massive $1.2 trillion underbelly of the largest industry in the world. Read more: www.techcrunch.com
InsurTech and Asian institutions – match made in heaven?
Citibank is partnering with MasterCard and its digital payment service, Masterpass, to add online and in-app transactions to its customers' accounts. Read more: www.finextra.com
InsurTech In My Bag launches with Hambro Perks funding
Mobile professional insurance specialist In My Bag has formally launched with funding from Hambro Perks and the underwriting support of ECIC. Read more: www.postonline.co.uk
Micro-insurer BIMA lands $16.8m to grow in Asia
Asian telecom giant Axiata group is pumping $16.8m into microinsurance startup BIMA. The Swedish startup already works alongside the firm in several markets. Read more: www.fintechroundup.com
Inside 4Di Capital’s new R256m fund
MMI Holdings, the JSE-listed parent of Momentum and Metropolitan, has committed hundreds of millions of rand to investing in and nurturing the next-wave of health and financial technology startups. Read more: www.techcentral.co.za