UK-based InsurTech start-up, Cuvva has launched an adaptable, single trip travel insurance product through its mobile app. The broker claimed that it has simplified insurance offerings and processes to make insurance more accessible and engaging amongst Generation Z and
Millennials.
MS Amlin, the leading global (re)insurer, has commenced trading risks on Whitespace Software Limited, a London-based technology company focused on the digital transformation of the insurance industry.
China Pacific Insurance Group (CPIC) has signed up as the latest investor in blockchain consortium B3i. B3i’s first application is for the reinsurance market in the form of a catastrophe excess of loss product.
Chinese Internet giant Tencent is the lead investor in the Series B equity financing round of Xiaobangguihua, an InsurTech and online investment advisory service platform. Other shareholders include Sequoia Capital China and Reinsurance Group of America.
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