TDI Daily Newswire -20th Sep 2019

Published: Fri, 09/20/19

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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Carpe Data launches commercial data platform

Santa Barbara-based Carpe Data, a provider of emerging and alternative data products for the insurance industry, has announced the launch of a new commercial dataset for P&C insurers.

COVERAGER

Nationwide’s Digital Storefront Targets Small Business Market

Nationwide said it has formally launched a commercial insurance digital storefront targeted to small businesses. Small business owners will be able to use the site online directly to generate a quote and bind a policy, or do the same thing through a Nationwide agent.

INSURANCE JOURNAL

Insurtech start-up Buddha rakes in $4.5m funding

American insurtech Broker Buddha has raised $4.5m in a funding round led by venture capital firm Vertex Ventures. The proceeds will be invested to expand the firm’s offering, increase staff headcount as well as boost marketing efforts.

LIFE INSURANCE INTERNATIONAL

Branch Uses Clarion Door Technology to Launch Bundled Personal Insurance

Branch Financial, Inc., a Columbus, Ohio-based insurance startup providing personal auto, homeowners, rental and umbrella insurance products direct to consumers, has licensed technology from ClarionDoor to create and bundle insurance products with an emphasis on premium accuracy.

IIR

Arch, Marsh collaborate on insurance solution for digital assets

Arch Insurance UK, a division of Arch Insurance International, has partnered with global re/insurance brokerage Marsh on a new solution designed to protect digital asset private keys held in traditional vault facilities.

REINSURANCE NEWS

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