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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Today’s top selected digital insurance content
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| | Fubon Life Insurance Company Limited and the insurance technology company, CoverGo, today jointly announced the launch of Fubon Life Hong Kong's e-Channel, offering customers in Hong Kong an additional choice to purchase personal life insurance through a self-directed and digital means.
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Private investment firm Aquiline Capital Partners is acquiring a majority stake in Ripe Thinking, a UK-based digital underwriting and insurance distribution platform. Ripe serves a variety of customers across both personal and small commercial lines.
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| | US-based Alera Group, which offers national insurance and wealth management services, has acquired two agencies: Bagwell & Bagwell Insurance and Blue Communications. The financial value of both the acquisition, effective from 1 October 2021, was not disclosed.
LIFE INSURANCE INTERNATIONAL
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| | Munich Re is to provide capacity for the principal business of parametric flood insurtech FloodFlash, which aims to provide rapid-payout flood cover for SMEs and landlords. This new partnership will look to bolster FloodFlash’s platform while enabling the fulfillment of international expansion
ambitions.
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| | Cloverleaf Analytics, provider of insurance-specific enterprise business intelligence (BI) software, has introduced new features to make the system more accessible to insurance professionals. The Cloverleaf platform now features natural language processing (NLP), chatbot, and automatic insights
capabilities.
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