Allianz hires new CEO for InsurTech incubator
German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Read more: www.fintechroundup
UK’s InsurTech investments triple
Insurance technology investment in the UK has surged three-fold in just a year, according to new research from global professional services firm Accenture. Read more: insurtechnews.com
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: fortune.com
Insurtech firm Neos launches UK home insurance service
The insurance industry is awash with exciting new technological developments. However, few have caught the eye quite like the UK first that has just been launched by Neos. Read more: insurtechnews.com
MetLife joins R3 distributed ledger consortium
Insurance giant MetLife has joined the R3 partnership, a consortium of 60 of the world's largest financial institutions focused on designing and applying blockchain technologies. Read more: www.ibtimes.co.uk
Kufu Takes $4.9m for automated HR platform
Kufu, a Japanese company developing HR automation platform SmartHR, has raised ¥500m ($4.9m) in a new round of funding led by WiL (World Innovation Lab).
The standoff between insurance and technology continues
Insurers must awaken consumers to the benefits of smart technology use in the home, says Thomas McCourtie. Read more: banknxt.com
VC and traditional insurer interest in InsurTech remains high
Even though venture capital investments in venture capital-backed FinTech companies fell interest in InsurTech startups continues to pick up steam, a new report reveals. Read more: insurtechnews.com
Aviva partners with tech accelerator
Aviva is to partner with Plug and Play, a global digital start-up accelerator headquartered in Silicon Valley. Read more: insurtechnews.com
InsurTech companies are the new FinTech leaders
Funding for insurance technology startups is outpacing the sector as a whole, according to industry analysis. Read more: insurtechnews.com