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
InsurTech start ups gaining traction in insurance industry
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
Snapsheet nabs $20m to improve insurers’ customer relationships
Auto insurance software maker Snapsheet has raised $20m in a Series C round led by F-Prime Capital and IA Capital Group. Read more: www.fintechroundup.com
Fabric nabs $2.5m to simplify life insurance
Life insurance startup Fabric has pocketed $2.5m in a Seed round led by Bessemer Venture Partners. Read more: www.fintechroundup.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
Microsoft CEO says InsurTech shows the future of chat bots
Microsoft CEO Satya Nadella, suggests looking at the insurance industry for a look into how chat bots are being used commercially. Read more: www.cnbc.com
BoughtByMany grabs £7.5m for group-powered insurance
London-based insurtech startup BoughtByMany has raised £7.5m in a Series A round. Octopus Ventures led the investment. Read more: www.fintechroundup.com
Is the insurance industry ready for self-driving boats?
Self-driving cars have become a reality, even though their use isn't widespread yet. Can self-driving boats be far behind? Read more: www.propertycasualty360.com
Global InsurTech market and P2P insurance
Funding to InsurTech market start-ups surpassed $1.0bn, highlighting the progress made, but substantial improvements remain essential in basic areas. Read more: www.whatech.com
InsurTech will be the next big thing
The insurance industry is a sector of finance that is begging for disruption. Read more: www.crowdfundinsider.com