TDI Daily Newswire -08th Oct 2019

Published: Tue, 10/08/19

Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.

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Hanover Insurance launches new cyber coverage for SMBs

Hanover Insurance Group has rolled out its new separate non-admitted cyber coverage to safeguard commercial lines agents and their clients from increasing risk of cyber threats.

LIFE INSURANCE INTERNATIONAL

Gradient AI raises $6 million in Series A

Cambridge-based enterprise software provider Gradient AI announced it has raised $6 million in a Series A round led by Forte Ventures and Sandbox Insurtech Ventures. The round also includes participation from Gradient’s existing investor MassMutual Ventures.

COVERAGER

Munich Re moves up the chain for GWP with Next Insurance investment

Munich Re has announced today that it invested $250 million in the insurtech Next Insurance at a valuation of just above $1 billion, giving the reinsurance giant a roughly 27.5% stake in the start-up, technology driven insurance carrier.

ARTEMIS

Global IQX Benefits Software Now Incorporates AI

Global IQX, an Ottawa-based provider of cloud-based and on-premise employee benefits software, has announced the latest version of its software, incorporating artificial intelligence (AI).

IIR

Verisk Launches CourtSide

Verisk (VRSK), a leading data analytics provider, announced today the launch of CourtSideTM, a legal analytics solution that aggregates and scores thousands of insurance-related court decisions by topic to help insurers respond quickly and cost-effectively.

GLOBENEWSWIRE

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