Innovation
Planck Re, a Commercial Insurance Data Platform Startup, Raises $12M
Planck Re, a commercial insurance data platform startup, nailed down $12 million for its first formal financing. Arbor Ventures led the round, which also included Viola FinTech and Eight Roads. Plans ...
Trōv Expands Into U.S., Launches in Arizona With On-Demand Single Item Insurance
Trōv, a global on-demand insurance tech company, has expanded into the United States, starting with insurance for single items in the state of Arizona. Munich Re's Digital Partners provides ...
Zurich Insurance Extends Flood Resilience Alliance for 5 More Years
Zurich Insurance Group plans to extend its flood resilience alliance for a second five-year period, until 2023. The alliance, including non-profits, academia and Zurich's risk management experts, has ...
XL Catlin’s VC Arm Leads $16.5M Financing for Israeli Maritime Risk Analytics Firm
XL Catlin's venture capital arm is the lead investor in a $16.5 million financing for Windward, a maritime risk analytics firm based in Israel. XL Innovate led the Series C financing, though previous ...
Navigating the InsurTech Wave
Reinsurance companies increasingly are funding InsurTech startups in order to structure more innovative products and improve their business efficiencies, but how much impact on the industry will ...
The Latest Launches From Chubb and Aon
Chubb unveiled added features for its cyber incident response coverage, plus two new ways to access the service. Aon plc, launched a new insurance product designed to meet the changing needs of ...
The Latest Launches From XL Catlin, Willis Towers Watson and American Modern
XL Catlin has expanded its specialty aviation insurance to Mexico. Willis Towers Watson unveiled the latest version of its loss-reserving software known as ResQ. American Modern plans to offer a ...
Pathway to Safety: Actuarial Analysis
Recently, the Casualty Actuarial Society's Automated Vehicles Task Force (CAS AVTF) published a research report on its website: "Automated Vehicles and the Insurance Industry: A Pathway to Safety: ...