Product launches

Founded in 2021 by veterans of the IDF’s 8200 military intelligence unit, Spott aims to be at the forefront of the $5 billion e-commerce liability insurance market.

The digital insurance platform conveniently connects mortgage and real estate companies’ customers with homeowners’ and term life policies suited to their specific needs.

The “Lloyd’s Product Launchpad” is the brand new residence for the event of insurance coverage options to sort out rising dangers.

Lemonade, the insurance firm that’s powered by AI and behavioural economics, notes that the end of the year 2021 is a time for “sitting back, taking stock, and reflecting on the past twelve months.”

Klinc, Zurich’s digital insurance brand, has introduced home insurance “designed for millennials.

Next Insurance has been working on a mobile app since April of last year and today that app is available.

So far it’s being sold in Arizona, Illinois, Indiana, Ohio and South Carolina. Along with Texas, it will soon be operating in Georgia, Missouri and Tennessee with more states added monthly, Toyota said Thursday.

Brit has announced that it has expanded the use of a proprietary machine-learning algorithm to accelerate the identification of US tornado property damage.

Insurtech startup Thimble has announced the launch of its new Event Liability Insurance offering for business owners. The product will be available through Thimble’s app and website.

Buckle, the inclusive tech-enabled financial services company, is protecting gig drivers by extending its signature rideshare and delivery auto insurance to those who drive in various U.S. regions for leading companies like Uber, Lyft, Instacart, Amazon Flex, Uber Eats, Grubhub, Favor, and others.

Automaker’s exclusive insurance agency establishes first branded product.

Zurich North America has announced the launch of an enhanced suite of vehicle protection products designed for electric vehicle (EV) owners.

SME online insurance specialist BizCover has been piloting an artificial intelligence chatbot, Frankie, as it looks to pursue efficiencies through technology.

Zurich UK is launching what it calls an “industry-first” drive to help homeowners and businesses better protect themselves against the mounting risk of flood.

Lloyd’s Disaster Risk Facility (DRF), an initiative with more than $445 million of notional capacity designed to help economies, has launched the first retail parametric cyclone insurance product in Northern Australia as the country awaits the cyclone season.

Airbnb’s host and guest protections now include host damage protection, host liability insurance, and liability insurance for its Airbnb Experience customers.

Insurtech Flip, a wholly owned subsidiary of HCF Life, says it has introduced Australia’s first on-demand injury insurance for as little as $6 a day.

BizCover has launched its online business insurance platform in South Africa as it targets opportunities from a potential digital transformation in SME purchasing in the country.

Coalition has launched new executive risks insurance products for small and midsize businesses. The directors and officers (D&O) and employment practices liability (EPL) coverages are underwritten by Zurich North America.

Lemonade has formally entered the auto insurance markets, seven months after the New York-based digital insurer disclosed initial plans to do so.

Chubb announced today the launch of a packaged insurance product that addresses the evolving risks faced by manufacturers, in Hong Kong SAR, Malaysia and Singapore.