InsurTech
With an Eye on COVID-19, Lloyd’s Selects 10 InsurTechs for Innovation Program
Lloyd's announced the latest cohort of InsurTech startups that will join its Lloyd's Lab innovation accelerator program. Their focus will be on COVID-19 products and services. The InsurTechs will ...
Citing Social Justice, Root Pledges to End Credit Scoring for Auto Insurance Pricing
Root Insurance pledged to eliminate the use of credit scoring from its car insurance pricing model by 2025, a move the InsurTech said will help remove bias and discrimination from the process. ...
AI Tech Firm Expert System Raises $29.4M; Clients Include AXA XL, Lloyd’s, Zurich
Expert System, a global artificial intelligence company with many property/casualty insurance industry clients, raised $29.4 million in a new financing round. Of that total, $20 million came from ...
Buckle Raises $31M; Seller of Digital Rideshare Insurance Is Going National
Buckle disclosed it has raised $31 million in new venture financing, and the digital seller of rideshare insurance will use the money to expand operations nationally. HSCM Bermuda and Eos Venture ...
COVIDigation Nation: Why So Many Cases? Are More Coming?
Let's get a few things out of the way. First, I am not a data scientist or an actuary. I am an attorney interested in data. More specifically, I am interested in using data from disparate sources to ...
InsurTech Financings Rebound in Q2; A Longer Recovery Remains in Question
InsurTech venture capital investments rebounded strongly in the second quarter after a pummeling earlier in the year due to growing pandemic-related uncertainty in the financial markets. Firms in the ...
Leading When The World Restarts: InsurTech Executive Views
How has the pandemic changed you personally? As a leader? How will it change your company? How should the industry plan to respond to future pandemics? Carrier Management asked carrier, reinsurance ...
Why Commercial Digitization Is a Pandemic Priority: Planck CEO
While other companies have struggled during the coronavirus pandemic, Planck sees opportunity. In June—well into the ongoing COVID-19 crisis—Planck announced it had raised $16 million in venture ...