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Tag: InsurTech


InsurTech

Insurtech MGA Loadsure Offers Smart Annual Cargo Insurance

June 7, 2022

Via: Insurance Journal

InsurTech MGA Loadsure announced the launch of its new smart annual cargo product, Cargo Plus. The new offering is an annualized ocean cargo product that will deliver the financial convenience of a pay-as-you-go policy with the assurance that annual cover […]


InsurTech

Greenlight Re Invests in Insurtech That Provides Security Deposit Replacement Insurance

June 1, 2022

Via: Insurance Journal

Greenlight Re Innovations (GRI), a Cayman Islands-based subsidiary of Greenlight Capital Re Ltd., has announced an investment in Garentii GmbH, a security deposit replacement insurance MGA and platform in Germany. Garentii, a Munich-headquartered insurtech, provides an insurance-based alternative, offering security […]


InsurTech

It Is Time for Insurers to Meet Needs of Tech Driven Businesses

May 25, 2022

Via: Insurance Journal

To describe the past couple of years as tumultuous is something of an understatement. The global pandemic overlaid with hard market conditions in many insurance classes has kept many in our industry awake at night. The pandemic undoubtedly helped accelerate […]


InsurTech

Lloyd’s Broker Superscript Offers Insurance for Crypto, Digital Asset Businesses

May 13, 2022

Via: Insurance Journal

Lloyd’s broker Superscript has launched a dedicated product for distributed ledger technology (DLT), digital asset, and blockchain businesses. The product, named Daylight, will help digital asset businesses secure insurance and manage risks more easily. Daylight uniquely combines cutting-edge machine-learning technology […]


InsurTech

Riding the Wave of InsurTech 3.0: What It Takes to Not Just Survive, But Thrive

May 11, 2022

Via: Insurance Journal

As the InsurTech industry approaches the next wave of innovation, experts say this could mean navigating rough waters. “I believe what you’re going to see is that you’re going to have Insurtechs, the cream of the crop, are going to […]


InsurTech

Insurtech investment broke records in 2021 – Gallagher Re

May 4, 2022

Via: Reinsurance News

Global investment in insurtech breached $15.8bn in 2021, according to Gallagher Re’s Global Insurtech Report. The figure, said Gallagher Re, was the highest on record and more than 2019 and 2020 combined. The firm said that over the course of […]


InsurTech

Aon teams up with PayPal to support small businesses

May 2, 2022

Via: Insurance Business

Aon plc (Aon) and PayPal Holdings Inc (PayPal) have launched an initiative to help millions of PayPal’s small business customers in the US quickly access insurance through a unique digital insurance program. The partnership sees PayPal adapt Aon’s CoverWallet solution […]


InsurTech

Insurance Technology: Newfront Raises $200M; EvolutionIQ Brings In $21M

April 13, 2022

Via: Insurance Journal

Insurance brokerage platform Newfront announced a $200 million investment at a $2.2 billion valuation led by the Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders Fund and Meritech Capital. Newfront said it plans to […]


InsurTech

The Insurance Data War: How Old School and New School Can Live in Harmony

April 11, 2022

Via: Insurance Journal

Old school vs. new school. Every so often, a debate echoes down the corridor of time as the disrupters of the status quo burst on the scene with novel ways of doing things, while the established players cling to the […]


InsurTech

Insurtech start-up launches flood insurance wholesale brokerage

April 4, 2022

Via: Insurance Business

Insurtech start-up Joe Flood Insurance Brokerage (JFIB) has announced the full launch of its tech-based flood insurance wholesale brokerage. JFIB was founded by Joe “Flood” Rossi, Art McKinney and Chris St. George with the aim of delivering state-of-the-art flood insurance […]