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

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