Editor at Coverager
A year after announcing its plans to establish a fund to invest in startups, IAG announced the official launch of a $75 million venture fund that will operate from within IAG...
Modern banking app N26, which raised $40 million this year, is facing criticism. An IT expert that goes by the name of Vincent Haupert successfully managed to hack the app and view customer...
Last week Capgemini released a paper termed “Top Ten Trends in Insurance 2017”. The paper references Allstate’s small business quoting platform as “hi-tech”; hi-tech is subjective at best The paper states that...
“The few who survived did not survive because of the funding but because they have a business model which they have validated and are passionate about. Funding is just an...
California-based IT services provider One announced it has picked up $20 million in a Series B round led by Axa Strategic Ventures with participation from MassMutual Ventures, bringing its total...
Israel’s first Insurtech conference took place today. The event was part of the Insurtech Startup Competition, hosted by JVP, AXA, and Deloitte Israel; to name three. Oscar and Lemonade came up. Makes you wonder...
“We’re now an independent company within the Alphabet umbrella” – Waymo CEO John Krafcik. The Gist: Alphabet-slash-Google is separating its self-driving car project into a new business called Waymo, as in ‘the new way forward...
Meet +Simple; a Parisian startup targeting small business insurance shoppers . Better yet, a unique digital broker targeting small business insurance shoppers. Keyword: unique. The one-year-old commercial digital broker, with $1 million...
Atlanta-based digital commercial broker UnBrokerage is up. Think: coverage assessment plus a quoting tool plus the ability to enter credit card payments online to process payment once policy has been bound. The...
Allianz is expected to score some 40,000 new pet insurance clients (better yet some £21 million in GWP) in the UK thanks to a deal with specialist pet supplies retailer Pets...
Australia’s travel insurance provider, Cover-More Group announced it had agreed to a $551.16 million takeover offer from Zurich. Cover-More, is an Australian travel insurance intermediary with quite a bit of offices...
“Only about 30 percent of the people who have cellphones have insurance, and I felt like it could go higher and we could do a better job” – Allstate CEO...
The wholly owned subsidiary of Intact Financial, belairdirect, which sells auto and home insurance directly to consumers online, announced a new home insurance quoting tool that aims to shorten and...
On August 9th, Crain’s Business Insurance news site announced it was ceasing operations. Then on August 31, Adam Potter came to its rescue, and the site was back up in October. ...