INSURTECH

Munich-based health insurance startup Ottonova has closed a new round of funding led by Tengelmann Ventures. The round is between €15m and €20m. Read more: www.fintechroundup.com

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

Waiting on an insurance payment, for those in a tough spot, can be like watching grass grow while face-down in the grass. Read more: www.pymnts.com

Singapore Life has raised $50m in the largest Asian InsurTech funding round to date. The Series A investment was led by Impact Capital. Read more: www.fintechroundup.com

Using the Trov app, consumers can upload items to their cloud-based inventory and purchase individual insurance for them at the touch of a button. Read more: www.finextra.com

Network of Dentists Vetted by Dentists. That is how Aforacare presents itself. Read more: www.bankinnovation.com

Anyone considering investing in InsurTech needs to consider the four P’s of profitability, proximity, persistence and productivity. Read more: www.consultancy.uk

Deals in the insurance technology market have been coming fast this year. Insurance is no longer on the back burner of the FinTech world. Read more: www.insurtechnews.com

BT survey reveals increasing use of digital channels for insurance transactions. Read more: www.insuranceage.co.uk

Insurers must awaken consumers to the benefits of smart technology use in the home, says Thomas McCourtie. Read more: banknxt.com