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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| | Socotra, a San Francisco-based company with the only cloud-native core platform that enables insurance companies to rapidly develop and deploy new products, announced today that it has raised $15.2 million in a Series B funding round led by Brewer Lane Ventures with participation from Portag3 Ventures, 8VC,
and MS&AD Ventures.
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The digital payments platform, which is based in Bengaluru, capital of the Indian state of Karnataka, has launched the plan as a joint venture with Bajaj Allianz General Insurance.
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Cowbell Cyber, a tech startup that uses artificial intelligence to deliver cyber insurance to small to mid-sized businesses, has launched Cowbell Prime 100, allowing insurance agents to issue bespoke cyber policies with limits of up to $5 million.
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| | North P&I Club has announced that it has chosen Concirrus as a digital partner. Concirrus’s digital platform, Quest Marine P&I, will contribute to North’s loss-prevention and risk-assessment capabilities.
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IMS, a subsidiary of Trak Global Group (TGG; Crewe, Chesire, U.K.), a provider of connected car data solutions to insurers, mobility operators and governments, has announced the availability in North America of its usage-based insurance (UBI) platform on which its Carrot Insurance program is built.
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