Shefi Ben-Hutta

Editor at Coverager

Verisk to pay EagleView $125 million in damages

Provider of aerial imagery and data analytics company, , has announced a critical legal decision establishing that industry competitors, and Verisk, willfully infringed its proprietary intellectual property (IP) and that the company…

James River ends relationship with Uber

James River Group announced it delivered a notice of early cancellation, effective December 31, 2019, of all insurance policies issued to its largest customer, Rasier LLC, a wholly owned subsidiary of Uber…

Sagicor Life launches Peace Assured

Sagicor Life Insurance Company announced the launch of Peace Assured, a whole life product that offers affordable, permanent life insurance protection without medical exams and a guaranteed premium that is locked in for…

Cogito receives $20 million in funding

Last month, , a leader in real-time emotional intelligence solutions, announced it has raised $20 million in growth equity funding. The round includes new investors, such as New York Life Ventures,…

Verisk launches CourtSide

Data analytics provider  has launched CourtSide, a legal analytics solution that aggregates and scores thousands of insurance-related court decisions by topic to help insurers respond quickly and cost-effectively to case law…

Achmea launches €100 million investment fund

Achmea has launched its Achmea Innovation Fund to provide growth capital to promising tech and other businesses, operating in Achmea’s strategic domains: health, mobility, living environments and financial solutions for now,…

Meritage Homes launches home insurance agency

The seventh-largest public homebuilder in the US, Meritage Homes, has announced that Meritage Homes Insurance Agency will begin offering homeowners insurance and other insurance products such as auto, flood and excess liability…

Unqork raises $80 million series B

announced it has secured $80 Million in Series B financing led by CapitalG, the growth equity investment fund of Google parent company Alphabet. As part of the new investment, Unqork will…

WoodmenLife launches online fundraising tool

Omaha-based life insurer has launched Impact, an online fundraising tool dedicated to expanding the ability of local organizations to fundraise for projects that enhance their communities. Local organizations and committees can submit…

Ameriprise completes sale of auto & home business

Ameriprise Financial (NYSE: AMP) today announced it has completed the sale of De Pere, Wisconsin-based Ameriprise Auto & Home to Madison, Wisconsin-based American Family Insurance Mutual Holding Company (American Family Insurance)….

Dave raies $50 million

Los Angeles-based money management startup has raised $50 million from lead investor Norwest Venture Partners bringing its total funding to $186.3 million (including two debt rounds of $120 million). Established in 2016, Dave…

September 2019

A monthly analysis of insurance innovation by investments, partnerships, acquisitions, technology implementations, and web traffic and employee growth for funded, direct-to-consumer companies. September’s analysis is now available.

Incepto raises €5.6 million

has raised €5.6 million from several investors, including AXA Venture Partners. Established in 2018, the Paris-based company developed a platform that distributes AI apps for medical imaging. Physicians and hospitals can access…

Friday Feeling: The leftovers

We’ve seen all there’s to see with personal lines pure-play insurtechs (aka companies that only operate in the insurance industry). The grand finale is Nationwide’s upcoming launch of Spire, “auto insurance…in…

USAA & Google Cloud work together to speed auto claims

In collaboration with Google Cloud, is using machine learning (ML) to speed up the auto claims process, obtaining near-real-time damage estimates from digital images. Traditionally, assessing auto damage claims has…

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