InsurTechs Focused on Insurance Comparison, IaaS Win More Funding
Two InsurTechs attracted new venture funding. One is an insurance comparison site, and the other an MGA that also offers an infrastructure-as-a-service software platform.
Technology/Science
Coronavirus Reportedly Threatens Apple’s iPhone Output
Foxconn could see a "big" production impact and shipments to customers including Apple face disruption if a Chinese factory halt due to the coronavirus outbreak extends into a second week, a person ...
Online Insurance Marketplace Policygenius Pulls in $100M From AXA and Others
Online insurance marketplace Policygenius raised $100 million in new financing. The company plans to use the money for hiring, to propel growth and for broader consumer financial protection products ...
The Unique Requirements of a Lloyd’s Syndicate-in-a-Box
Lloyd's developed the concept of a syndicate-in-a-box (SiaB) to make it easier for innovative capital to enter the market, but there are certain requirements and differences compared to traditional ...
InsurTech Investments Reach New Highs, Even as Many Startups Quietly Shut Down
InsurTech investments reached an historic high in 2019, according to a new briefing on the sector from Willis Towers Watson. But 2019 also capped a three-year period where many InsurTech startups ...
Slice Labs Rolls Out Four AI, Machine Learning-Focused Risk Reduction Services
Slice Labs said it has started marketing four new services centered around artificial intelligence and machine learning that are designed to more proactively and intelligently protect carriers, ...
Nationwide Invests in KINETIC, a Tech Startup Focused on Reducing Workplace Injuries
Nationwide said it has invested in KINETIC, a startup that makes a smart wearable device and software platform designed to reduce workplace injuries. The investment comes through Nationwide's venture ...
Corvus CEO Edmundson: InsurTech and Cyber Cover Offer a Potent Mix
Cyber continues to be a fast-evolving risk. But Phil Edmundson, founder and CEO of the Boston-based InsurTech-focused managing general agent, said his company's strategy takes that into account. "The ...