InsurTech
InsurTech MGA LeaseLock Raises $52M; Liberty Mutual, American Family Among Investors
LeaseLock has raised $52 million in new venture funding from a roster of investors including Liberty Mutual and American Family Insurance. The California-based InsurTech and MGA provides nationwide ...
Insurance Verification Platform TrustLayer Raises $6.6M
TrustLayer, developer of a proof-of-insurance risk management platform, has raised $6.6 million in seed funding from venture investors, insurance agencies and others. "We're honored to have the ...
P/C InsurTech Funding Reaches $4.7B Record In 2020 (Story In Charts)
After a slow start in 2020, InsurTech funding reached a record level of $7.1 billion for the year, with $4.7 billion earmarked for property/casualty startups, according to a quarterly tracker of ...
Rent Security Deposit Insurance Startup Raises $95M
New York City-based InsurTech Rhino recently pulled in $95 million in new financing, money that will propel growth of its security deposit insurance business. Investment firm Tiger Global Management ...
The Latest Launches From The Hartford, Roost and Buckle
The Hartford is working with Tractable on a claims process project involving artificial intelligence. Roost, a developer of home telematics for property insurance carriers, added a new service to its ...
Farmers Insurance, Munich Re Make Home Technology Startup Investments
Farmers Insurance has become an equity investor in a fintech company focused on helping make a home rental easier and more affordable. Munich Re invested in a smart home startup whose electrical ...
Insurance Commissioner’s Perspective: Innovation as a Driver for Change
Social justice is an easy goal on which to agree, though as the events of the past year have taught us, we often fall short transforming the aspirational into reality. That doesn't mean we stop ...
European Researchers See AI as Building Better Weather Data
European scientists who feed critical climate data to industry and researchers said that their next great breakthrough in weather forecasting will be powered by artificial intelligence. The European ...