InsurTech Startup Receives Investment from Allianz Group
Simplesurance, a Berlin, Germany-based insurtech startup, received a minority investment from Allianz Group. Read more: www.finsmes.com
Inside 4Di Capital’s new R256m fund
MMI Holdings, the JSE-listed parent of Momentum and Metropolitan, has committed hundreds of millions of rand to investing in and nurturing the next-wave of health and financial technology startups. Read more: www.techcentral.co.za
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: www.canadianunderwriter.ca
The Emergence of InsurTech
Hardly a new concept, insurance technology (InsurTech) is being studied more closely as platforms gain further credibility through increased user adoption. Read more: www.trulioo.com
90% of insurers fear they will lose business to a start-up
90% of insurers fear they will lose business to a start-up. Read more: www.actuarialpost.co.uk
PwC and Z/Yen to explore blockchain use in Insurance
PriceWaterhouseCoopers (PwC) has teamed with Z/Yen, a London-based commercial think-tank that promotes societal advancement through better finance and technology. Read more: www.cryptocoinsnews.com
One fifth of Insurance business could go to Tech start-ups
Global insurers are anticipating the loss of a substantial share of their existing business to standalone technology companies over the next five years. Read more: www.out-law.com
These insurance start-ups are out to disrupt a $1 trillion industry
Insurtech, or insurance technology, may be a new concept for investors, but it’s attracting big names like Warren Buffett. Read more: www.cnbc.com