INSURTECH

Quilt, a Boston, MA-based insurtech startup focused on renters, raised $3.25m in seed funding. Read more: www.finsmes.com

Data and analytics have become incorporated in the P&C space application and underwriting processes. Read more: www.propertycasualty360.com

InsurTech is moving from a ‘buzzword’ into the real world but it will help complement the existing industry rather than replace it. Read more: www.insurancebusinessonline.com.au

The insurance industry has remained much the same for more than a century but technology pushes it to change. Read more: www.propertycasualty360.com

Spanish banking giant BBVA’s venture capital fund Propel Ventures is investing in US-based inusrtech startup Hixme's $14.1m Series B round. Read more: www.fintechroundup.com

Many insurers are shifting their focus from stand-alone technology projects to an environment where there is a continuous technological improvement. Read more: www.insurtechnews.com

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

Peer-to-peer insurance startup Lemonade has picked up $33m in a Series B round of funding according to an SEC Filing. Read more: www.fintechroundup.com

Half of incumbents believe they will lose 20% of their business to start-ups. Deals in the insurance technology market have been coming thick and fast this year. Read more: www.fintechranking.com

But carriers are interested in improving customer relationships with more value-added services. Read more: www.dig-in.com