Paris-based Lovys announced a €3.3m funding from three investors: MAIF Avenir, the investment fund of the MAIF group, Portugal Ventures and Plug & Play.
SkyWatch.AI, a distribution platform for on-demand, telematics-based insurance for commercial drones, has announced its launch in the U.K. The company says its U.K. policies will be underwritten by international specialty insurance and reinsurance group Chaucer.
Cigna Ventures is leading a $23 million investment in GNS Healthcare, a specialized artificial intelligence company. Joining the funding round were Amgen Ventures, Celgene, Echo Health Ventures, Alexandria Venture Investments.
Giant insurer Nationwide is partnering with an insurtech in an effort to speed up its product underwriting for commercial lines property/casualty agents.
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