Technology & Analytics
UK InsurTech Startup Inzura Raises $1M to Fuel Machine Learning/AI Growth Plans
Inzura, the London-headquartered InsurTech startup, announced the completion of its first major funding round, raising $1 million to pursue what it said will be ambitious growth plans. Investors ...
Industry Needs to Join InsurTech Wave to Digitize Insurance: AFL’s Esser
There is a fundamental need for reform and modernization, particularly in the London market. We should be electronically processing all lines of business, not just specialty classes. Of course, we ...
Line Corp. Japan’s Biggest Messaging Service, Is Expanding Into Insurance and More
Line Corp., Japan's biggest messaging service, is expanding into cryptocurrency trading, insurance and other financial services, according to people familiar with the matter. The company established ...
Generali Goes for Artificial Intelligence in Spain Via New Expert System Agreement
Generali is planning to inject the use of artificial intelligence into its work processes in Spain. The Italian insurer will do this by way of an agreement with Expert System, an artificial ...
Munich Re Is Lead Investor in $16.5M Financing for Mnubo, an IoT/Artificial Intelligence Startup
Munich Re's HSB Ventures led a $16.5 million venture financing for Mnubo, an Internet of Things, data analytics and artificial intelligence startup seeking to expand internationally. Both companies ...
Catastrophe Modeler Praedicat Raises $6M With Plan to Reach Beyond Insurance Clients
Praedicat said it has completed a $6 million, early stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use the money to accelerate development of products that ...
Digital Startup Neptune Flood Raises $2M to Fuel Private Flood Insurance Market Expansion
Neptune Flood, a digital startup private flood insurance provider, has secured $2 million in seed round funding and has plans to "aggressively expand" nationwide by offering its platform to carriers, ...
Safe Driving App Developer Nexar Raises $30M From Nationwide, Others
Nexar has raised a $30 million round of new funding from Nationwide Insurance and other investors, money that will help expand the reach of its technology startup centered around a dashcam app to ...