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We regularly curate the latest insights and reports provided by and in collaboration with our partners and stakeholders to create the largest platform for knowledge-sharing and development within the world’s insurance industry.
Headway
-A national, virtual network of therapists who accept insurance, helping providers to expand their practices, and individuals to find a therapist they can afford– Therapists
Health Hero
– Personalised and omni-channel health engagement program (inclusive tele-health) serving employers, hospitals, benefit brokers and insurers.– Mobile app lets users undertake a health assessment, regular
HEALTH[at]SCALE
– AI focused health company optimising care delivery for payers, employers and proviers.– Software solutions service a broad range of use cases: provider navigation and
Hellosafe.ca
– A comparison platform providing Canadians with the best deals in under 20 seconds, with auto, home, travel, L&H, collective and mortgage insurance-Offers comparison on
Hi Seguro
– Insurance aggregator and comparison service on auto, property, medical and life
High Definition Vehicle Insurance
– Truck insurance solutions. combines insurance with telematics and an integrated suite of software to provide specialised solutions such as fatigue analysis and alerts, bonus
Highwing
– Open data platform for commercial insurance. provides brokers with tools to connect, access and leverage data throughout every step of the customer lifecycle– Enables
Hosta Labs
– Property and infrastructure intelligence & AI – Delivering materials, sqft, objects, 3D CAD, and plans from images and scans.– Offers solutions in insurance, furniture
The Insurtech Race Is on for Asian Insurers
Digital innovation is taking Asia’s insurtech sector by storm. When looking at the current climate, it remains clear that insurtech is well set to surpass the region’s fintech wave, and with the timely addition of AI technology and increased digital adoption, the experience customers have with insurance is taking on an incredible new form.
Hourly
– An insurtech/fintech that simplifies workers’ comp insurance, payroll, and time tracking for small business owners. They built the platform to manage, pay, and insure
Huckleberry
– Business insurance startup, offering business insurance, workers’ compensation and general liability through an online portal.– In December 2020 Huckleberry announced plans to launch a
ianacare
– Platform for caregivers, available as an employee benefit– Users can create a private group to co-ordinate and postupdates with the care recipient, caregivers, supporters
Inshur
– Platform for commercial auto insurance – digital insurance for professional drivers, including rideshare, private hire, courier and food delivery drivers.– enables drivers to receive
Inspekt labs
– Automated photo or video-based inspections of any assets using AI, covering damage detection, asset valuation, claim assessment, and fraud detection. It can capture details
Instnt
– Provides a proprietary Insurtech software platform that delivers a specialised guest protection policy to the hotel or vacation rental
InsuraGuest
– Provides a proprietary Insurtech software platform that delivers a specialised guest protection policy to the hotel or vacation rental
Insurance Social Media
– Automated, social-based marketing for insurance producers and their companies.– Automated content on Facebook, Twitter and LinkedIn, automated testimonial generator, FB advertising, emailing campaigns and
InsuranceLibrary.com
– Free resource for consumers, includes 25k Q&As and tools to estimate insurance costs– Populated solely by licensed insurance agents.
InsuranceMenu
– Handling benefits for small business– Software for generating proposals, completing client enrollments, and processing renewals
Insured Nomads
– Insurance for nomads travelers, remote workers and expats – health, group, travel, tailored– Mobile app wallet pass (insurance policy card available via app/smart watch
Insurify
– A digital MGA, leveraging AI to help users compare and buy home, life and auto insurance simply. Provides educational content too.– Uses its RateRank
Insurmi
Insurmi’s Violet is an A.I. assistant built to increase revenue, reduce operational costs, and enhance the insurance customer experience. She can sell policies, file claims,
Amazon-Backed Insurtech in India Sees Itself at $1 Billion
Acko General Insurance Ltd. is weighing a new funding round that could value the Indian online insurer at more than $1 billion, according to people familiar with matter.
Insurr Canada
– A free online searchable resource for retail insurance brokers to search, evaluate and connect with specialty and niche market providers.– Serves both the retail
Underwriters Puzzle Over How to Make Pandemics Insurable Again
When much of the global economy locked down last year, insurers, facing estimated losses of more than $100 billion globally, reached straight for their red pens to strike pandemic cover from all new business policies.
Kin Insurance Raises $63.9mn in Series C Funding Round
Kin Insurance, a US insurtech and primary carrier focused on home insurance for catastrophe-exposed areas, has raised $63.9 million in a Series C funding round, according to Crunchbase News.
InsurTech Leader Ethos Secures $200 Million Investment Round; Valuation Exceeds $2 Billion
Ethos, the InsurTech leader that is transforming the life insurance space, today announced it has raised a $200M Series D investment round, boosting its valuation to $2B in just a few years since launch.
Partner and Personalise: Consumer Trends in Auto Insurance
Propelled by the impact of COVID-19 on driving behaviour, the growth in consumer demand for personalised automotive insurance was particularly strong: 70 percent expressed an interest in pay-as-you-drive insurance where the less you drive, the less you pay. That compares with 52 percent two years ago.
New AXA XL CUO appointment for P&C, $2bn valuation for Ethos, Series C funding for Kin
Anish Jadav has been appointed Chief Underwriting Officer for AXA XL P&C in the UK, life insurtech Ethos Technologies Inc. has a more than $2bn (£1.4bn) valuation after a $200m funding round, and home insurtech Kin has raised $63.9m in Series C funding.
Clupp
– Auto insurance app which covers all forms of mobility, car motorcycle bike and scooter – Offers three monthly subscription packages depending on how much you
Why Sharing Economy Firms Just Might Be the Best Insurance Customers
Imagine insurance customers who actually enjoy meeting with their insurance broker. Customers who see insurance not as a nuisance mandate but as an integral part of their own and their customers’ success.
AXA XL Names New Chief Underwriting Officer
AXA XL has appointed Anish Jadav as chief underwriting officer (CUO) for retail, property and casualty (P&C), UK and the Lloyd’s market.
WTW on the Benefits and Challenges of Moving to Digital Trading in the Commercial Lines Space
In April, Willis Towers Watson announced the launch of Radar Workbench, a new software product enabling frontline underwriters to make better decisions at pace and, more recently, Chubb engaged the services of WTW’s insurance consulting and technology business for advanced pricing delivery software. All in all, it’s been a busy time for Dave Ovenden (pictured), global head of product, pricing, claims and underwriting consultancy at Willis Towers Watson, and his team.
Series A for Sprout.ai, Amazon and Zurich partner for Middle East payments service, LexisNexis report on future of claims
This morning AI solutions provider Sprout.ai have secured Series A funding from Amadeus Capital Partners, APS and Zurich are partnering on a Middle East-focussed payments solution, and LexisNexis Risk Solutions have released their 2021 Future of Claims Report.
AIG CEO Zaffino Expects Life & Retirement Partial IPO by Year-End
AIG is full speed ahead with IPO plans for part of its Life & Retirement division and hopes to pull the trigger by the end of 2021, President and CEO Peter Zaffino said.
Machine Intelligence In Insurance: Insights For End-To-End Enterprise Transformation
COVID-19 has forced consumers and businesses to embrace virtual, contactless transaction modes to minimise infection risks. This trend has accelerated the digitalisation of processes, many of which leverage machine learning (ML) and artificial intelligence (AI).
Shift Technology CEO on $220 Million Series D Round
Jérémy Jawish discusses the company’s expanding product set, its focus on R&D and its vision to become an exemplary AI-focused insurance vertical software vendor.
Me Sinto Seguro
– Digital solutions for agri-ecosystem, credit and insurance included– MSS Application offers analysis of insurance of crop in municipality, helps to register property, planting areas,
battleface announces new partnership with Spinnaker Insurance Company
The partnership will enhance the company’s U.S. product development and growth in custom-built products and services for partners
InterGen Data
– A provider of proprietary AI/ML algorithms to predict when Life Events may occur (inc chronic illness), what they could be, and how much of
IXN
– Cross-platform quote and application tools– API driven platform for advisors, agents, and carriers to access quotes, a forms engine , E-tickets, E-applications and insurance
JAUNTIN’
– Life insurance app for women, doesn’t require blood tests or other medical exams, instead users upload a photo of their driver’s license.
JennyLife
– Life insurance app for women, doesn’t require blood tests or other medical exams, instead users upload a photo of their driver’s license.
Jerry
– AI financial service startup that negotiates loans and insurances for American families.– Does all the work to negotiate better rates and paperwork to switch
Jones
– Automated liability/insurance certificates solution software for real estate– Automates the full life cycle of insurance operations from extraction and collection to approvals and resolution
Jooycar
– Offers bother personal and commercial auto insurance products,– Fleetr is a fleet management tool that is designed around the needs of small business owners
Joshu
– Helps insurance carriers and brokers launch online distribution channels– Carriers and MGAs utilise Joshu’s platform to sell insurance through various distribution channels and underwrite
Jumpstart
– Parametric catastrophe insurance (earthquake insurance)– $10k for renters/homeowners ($20k for SMBs) straight after a quake, users just have to reply to an automated text.
Just Auto Insurance
– Provides data driven, pre-paid, pay-per-mile car insurance, and aims to help younger drivers, those who might have been in an accident, or just happen
Kalepa
– AI powered decision-support software to commercial insurance underwriters. Kalepa’s Copilot augments underwriters with insights and recommendations on every risk.– Enables users to triage application,
Kayum
– Comparison platform for medical, auto, uber, motorcycle and truck insurance. Carriers include national and international.– More than 1m quotes made
Kettle
– An Insurtech MGA using Swarm Neural Networks to better underwrite climate change effected risks.– Proprietary machine learning algorithms use more than seven billion lines
Kindur
– Helps people better understand savings, insurance, social security and healthcare costs for retirement planning– Launched an app in 2020 ‘Silvur’– Patent-pending technology, Smart Draw,
Klimber (latam)
– Personal online insurance using data-driven insights, focused on personalised health/life/wellbeing.– Buy personalised insurance in 3 mins – complete a basic online quiz, get given
Koffie Labs
– Future ready – creating for autonomous vehicles and emerging risks, focused on trucknig/transport– AI technology to deliver instant policies based on advanced safety and
Koop Technologies
– An autonomous mobility insurance platform, building data analysis tools to help insurance companies understand autonomous vehicle data and use it for insurance underwriting purposes.–
Kruzr
– A plug and play AI-powered mobile driving assistant. Monitoring the user’s driving behaviour in real-time, Kruzr identifies potential risks like drowsiness, distracted driving, speeding
Layr
– AI-powered business insurance platform that automates the role of brokers and underwriters, enabling biz owners to self-service most insurance tasks.– AI recommendation from 15+
Ledger Investing
– Insurance Securities Marketplace.– Deploys proprietary software and data analytics covering many types of insurance risk portfolios. The technology enables insurers to securitise risk more
LifeRant
– Supplementary health insurance products for patients.– Monthly premiumoptions and a direct cash benefit to the policyholder upon a covered event.
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