How insurers are reacting to InsurTech opportunities
Insurers have been debating how to make use of opportunities offered by InsurTech to make their processes more efficient. Read more: www.insurtechnews.com
Swiss insurer Helvetia looks to back startups with $55m VC fund
Swiss insurer Helvetia is the latest traditional institution to move into startups investment with the launch of its newly established venture fund. Read more: www.fintechroundup.com
Could InsurTech revolutionise insurance into a utility?
InsurTech has the potential to become a necessity and household normality. Read more: insurtechnews.com
Is the era of insurance aggregators ending?
The insurance industry will move from claims handler to claims preventer, so comparing products will become much more complicated. Read more: insurancethoughtleadership.com
CoverWallet pockets $7.8m for small business insurance
Business insurance startup CoverWallet has raised $7.8m in a Series A round led by Union Square Ventures. Index Ventures as well as existing backers also contributed. Read more: www.fintechroundup.com
Can the insurance industry get on the faster payments train?
It’s not just hurricane victims and other individuals who have experienced devastation expecting fast resolution. Read more: www.pymnts.com
Health insurance startup Oscar has $45m loss in three states
Oscar Insurance, the Silicon Valley-backed health-care startup, continued to lose tens of millions of dollars in the third quarter as the company exits some markets. Read more: www.bloomberg.com
Insurers should claim recovery costs from manufacturers
Insurers should claim recovery costs from manufacturers of faulty driverless cars. Read more: insurtechnews.com
Indio collects $2m for commercial insurance broker platform
Indio, a commercial insurance platform for brokers, has raised $2m in seed financing to grow its user base and platform.
Venture capital firms NEA, Compound,...
LeaseLock grabs $1m for rent payment insurance
Rent payment insurance startup LeaseLock has raised $1m in a Seed round led by American Family Ventures, the venture arm of American Family Insurance. Read more: www.fintechroundup.com