Saturday, May 28, 2022

Silicon Valley accelerator looks for insurance startups

Plug and Play Tech Center, a Silicon Valley global technology accelerator and venture fund, announced on Thursday a call for applications from startups in its insurance platform. Read more:

Wellthie scores $5m to help brokers catch up in InsurTech

Tech provider for the insurance space Wellthie has raised $5m in a Series A round led by IA Capital Group. IA Capital Group led the round. Read more:

Can Lemonade catch on with customers?

InsurTech start-up Lemonade is relying on behavioural economics and speed to attract customers to its new homeowners policy. Read more:

Allstate uses drones to inspect homes in Texas

Allstate used drones to inspect over 20 home roofs in an area just outside of San Antonio that was hit hard by hailstorms. Read more:

InsurTech: The future of insurance is in partnerships

Where's the smart money going? Why should big players partner with start-ups? What effect will Brexit have on InsurTech VCs? Read more:

China in midst of InsurTech boom

While China’s FinTech boom continues unabated, another fast-growing phenomenon has gone almost unnoticed — so-called InsurTech. Read more:

XL Catlin, Startupbootcamp InsurTech partnership

Global insurer XL Catlin and Startupbootcamp InsurTech have announced their new partnership. Read more:

Alan picks up $13m for full-stack employee health insurance

French health insurance startups Alan has raised $13m in a new round of funding. The investment comes from CNP Assurances, Power Financial, Partech Ventures and angel investors. Read more:

InsurTech is redefining the industry

A global leader has revealed areas of investment that brokers should consider as insurtech continues to redefine the industry. Read more:

Is the insurance industry ready for self-driving boats?

Self-driving cars have become a reality, even though their use isn't widespread yet. Can self-driving boats be far behind? Read more: