Insurance

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/retail

Relationship-based lending app Zirtue partners TruStage for loan insurance

Zirtue, the world’s leading relationship-based lending app with a mission to drive financial inclusion, announces today its partnership with TruStage, a financially strong insurance, investment, and technology provider, built on the philosophy of people helping people.

/wealth

Worldsource selects Broadridge for digital marketing

Worldsource Wealth Management and IDC Worldsource Insurance Network Inc. are pleased to announce they have partnered with global Fintech leader, Broadridge Financial Solutions Inc. (NYSE: BR), to help their advisors provide relevant, timely communications to their clients using Broadridge’s automated digital marketing platform AdvisorStream.

/wholesale

AXA Hong Kong and Macau teams up with CoverGo

AXA Hong Kong and Macau (“AXA”), today announced its collaboration with CoverGo, the leading global no-code insurance SaaS core platform for health, life, and P&C, to improve AXA’s general insurance ecosystem in Hong Kong.

/retail

Insurtech Qover secures $30M in Series C funding round

Qover, a leading insurtech specialising in embedded insurance orchestration, has successfully closed a $30 million Series C up-round funding.

/retail

InsurTech Qover embeds with Monzo

Qover partners with Monzo to offer Premium users in the UK a new way to track and submit insurance claims within the Monzo app, making the insurance experience for its embedded travel protection seamless and user-friendly.

/security

Wallife to launch digital identity theft insurance to UK consumers

UK consumers may soon obtain digital identity theft insurance to protect themselves from online threats and risks, thanks to new solutions from the insurance company Wallife.

/wholesale

SME InsurTech Insify raises €10 million Series A extension

Insify, the modern insurtech for SMEs, has raised an additional €10 million, bringing its total Series A funding to €25 million.

/retail

Ohio Mutual Insurance Group partners bolt to embed smartphone coverage

bolt, the insurtech with the country's largest technology-enabled insurance exchange and a global leader in device protection programs, today announced a partnership with Ohio Mutual Insurance Group (Ohio Mutual), the award-winning insurance company that has worked with independent agents to distribute property and casualty insurance for more than 100 years.

/crypto

Digital asset-denominated life insurer Meanwhile snags $19 million funding round

Meanwhile, the first and only life insurer entirely denominated in a cryptocurrency, has announced ~$19 million in financing across two seed rounds, the first co-led by Sam Altman, CEO of OpenAI, and Lachy Groom, previous head of Stripe issuing, and with Gradient Ventures (Google) in the top spot during the second round.

/retail

Reale Group takes minority stake in Fabrick

Reale Group, a renowned player in the insurance industry which operates in Italy, Spain, and Chile, has selected Fabrick, a pioneer in the Open Finance sector, as its preferred partner to digitise its offerings and enhance the customer experience.

/retail

Simplifai debuts generative AI tool for insurance

Simplifai, an AI automation solutions provider, today launches Simplifai InsuranceGPT – a world-first custom-built GPT tool, fuelled by the company’s revolutionary no-code AI-powered platform.

/retail

Insly launches global, no code, sales software for brokers

Insly, the no code software provider, has launched BrokerFlow, a tool enabling brokers to digitise their sales workflow, including application forms, risk surveys and customer proposals.

/retail

International insurtech bolttech valued at $1.6 billion in Series B up-round

bolttech today announced it raised US$196 million in connection with its Series B with an up-round valuation of US$1.6 billion.

/payments

Nexi helps Itas Group to launch Itas Pay

ITAS Assicurazioni, Italy’s oldest insurance company, continues its strategic path of digital transformation and launches ITAS Pay with the support of Nexi Group, the leading European PayTech.

/retail

Nordea completes acquisition of digital pension broker Advinans

Nordea has today completed the acquisition of Swedish digital pension broker platform Advinans, following receipt of the regulatory approvals.

/sustainable

Ibsia introdduces The Weather Simulator

In a world where climatic events are becoming more and more intense and frequent, weather simulation and risk anticipation are a strategic issue, notably for companies.

/retail

Iress signs Reassured

Iress today announced that Reassured, the UK’s largest life insurance broker, has selected The Exchange platform to power both its advised and non-advised protection business.

/sustainable

ZestyAI launches risk analytics tech for severe convective storms

Today, ZestyAI, the leading provider of climate and property risk analytics solutions powered by Artificial Intelligence (AI), announced that severe convective storms have joined the growing list of perils addressed by the company’s risk analytics platform.

/retail

Zinnia to acquire Policygenius

Zinnia, a life and annuity insurance technology and digital services company, today announced it is acquiring Policygenius, a digital insurance marketplace.

/retail

Direct Line acquires pay-per-mile insurance agent By Miles

Direct Line Group (the ‘Group’) has acquired By Miles Group Ltd (‘By Miles’), a Managing General Agent and provider of real-time pay-by-mile insurance policies. Having sold over 100,000 policies since launch, By Miles currently has c.50,000 customers, writing £26m of Gross Written Premium.

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