InsurTech
New InsurTech Venture Capital Financings Dropped by Half in Q1
Already, the coronavirus pandemic has taken a big bite out of InsurTech venture capital financings. Venture capital investments in the sector reached $760 million in the 2020 first quarter, about 50 ...
Lemonade Enters the Netherlands Insurance Marketplace
Lemonade is now doing business in the Netherlands, its second European country after debuting in Germany nine months ago. The New York-based InsurTech said that Dutch customers can purchase contents ...
The Latest Launches From Zurich Insurance and Guy Carpenter/RiskGenius
Zurich Insurance said it is expanding the rollout of a new product after early successes in select global markets. Carpenter & Co. will team with RiskGenius to expand the detection and ...
InsurTechs Focused on Claims Handling, Business Insurance Raise New Venture Funding
A Berlin-based InsurTech that provides artificial intelligence for cognitive claims handling pulled in an additional $13 million for a Series A financing. A Cincinnati startup raised an ...
ISC, an InsurTech and MGA, Makes Fourth Acquisition Since 2016 Launch
Integrated Specialty Coverages, an InsurTech startup and managing general agent, recently acquired Access Partners Insurance Services, a multiline wholesale broker. Neither side disclosed financial ...
Future InsurTech Venture Financings Could Face a Coronavirus Slowdown
InsurTech venture capital financings in the pipeline appear to be going forward, but the likelihood of future deals could be an open question in light of the coronavirus pandemic, according to an ...
Getsafe CEO Sees Coronavirus as Opportunity for InsurTechs to Prove Their Worth
Getsafe CEO and founder Christian Wiens recently responded to the coronavirus pandemic by touting the benefits his and other InsurTechs can offer the insurance industry now and in the months ahead. ...
P/C Innovation Leaders Scarce, AM Best Finds; Reinsurers Reign
In an initial test of its new innovation assessment scores, AM Best found that only 1 percent of rated property/casualty insurers merit scores high enough to categorize them as innovation leaders, ...