Editor at Coverager
The company has raised over $1.3 billion from investors to date and employs over 940 people.
Chris Ardron, currently the Product and Service Director, has assumed responsibility as Chief Executive on an interim basis.
The program is intended for employers to offer employees a mobility budget to choose an alternative means of transportation.
Following our recent coverage of Brit's Ki, Munich Re's Parachute Insurance, State Farm's Sundial Labs, and Indiana Farm Bureau's Peril Protect, we thought it was time to look again at 100+ programs, products, or corporate organizations introduced by insurance companies as of 2014.
To Munich Re Ventures this marks its 5th investment this year.
Parachute Insurance Policies (critical illness and/or life insurance) are offered exclusively to eligible employees.
Peril Protect's system provides a turn-key approach to water monitoring.
Singlife manages almost S$7.0 billion in life insurance coverage while Aviva Singapore currently insures about 1.5 million customers and manages S$11.8 billion of assets.
Insurers have learned how to compete against one another. Now, they need to step outside their zone to face a different breed of companies that aren't always playing by the rules.
Since its founding in 2017, the company has helped "thousands of customers" buy and sell their homes across Texas, Colorado, and Georgia.
Austin-based Eterneva, which "celebrates remarkable people and pets" by turning their ashes into diamonds, has raised a $5 million round bringing its total funding to date to $9.8 million.
According to the company, the investment will support its ambition to grow and lead the global parametric insurance space as it plans to open hubs in the US and in Asia, and further expand its offering and technology capabilities.
A monthly analysis of insurance innovation by investments, partnerships, acquisitions, technology implementations, web traffic, employee growth, and more. August’s analysis is now available.
The company stated that COVID-19 is the catalyst behind the surge in demand for digital health services.
Funding to advance "home hospital" initiatives with health systems and "beyond the pill" digital therapeutics partnerships with pharmaceutical companies.