Innovation
Tessian, a UK Cybersecurity Startup, Secures $40 Million Financing
Sequoia Capital has backed a London-based cybersecurity startup founded by a trio of former banking analysts, who were surprised how often documents such as deal-term sheets were accidentally emailed ...
TheGuarantors, a Real Estate Rental InsurTech, Pulls in $15M Series B
TheGuarantors, an InsurTech focused on the real estate rental industry, has pulled in $15 million for its Series B financing. Plans call for using the cash infusion to expand the company's platform ...
The Latest Launches From Hippo, Assurant and More
Hippo Insurance is linking with Neptune Flood to provide quick flood insurance as part of the home insurance buying process. Home telematics maker Roost partnered with a Montana-based insurer to ...
Nationwide Targets Low-Mileage Drivers With ‘SmartMiles’
For those who work from home, carpool frequently or use public transit more than they drive, Nationwide is launching SmartMiles, an auto insurance policy for low-mileage drivers. Building on its ...
UK’s Pool Re Terror Cover Can Now Cover Non-Damage Business Interruption
Pool Re announced last week that it is now is able to cover losses incurred if a business cannot trade or is prevented from accessing its premises in the wake of a terrorist attack. Before a change ...
AIG’s Duperreault Blames ‘Go Large’ Strategy for Insurer’s Past Failures, Pledges 2019 Underwriting Profit
AIG President and CEO Brian Duperreault faced analysts on Valentine's Day looking both ahead and back. He elaborated on continuing steps taken to restore the struggling insurer to health, and what ...
Uber Wants Dubai-Based Ridesharing Service That Insures Customers and Drivers
Dubai-based ride-hailing service Careem Networks FZ is looking for new ways to get ahead of main rival Uber Technologies Inc. in the Middle East. Careem launched an accident insurance program for ...
The Latest Launches From Travelers, Hanover and MS Amlin
The Travelers Companies now offers separate fine jewelry insurance cover through its Wedding Protector Plan. The Hanover Insurance Group Inc. will join RSA Group's Global Network as a U.S. strategic ...