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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| | Melbourne-headquartered underwriting agency ProRisk has entered a new binder agreement with Swiss Re Corporate Solutions. The binder is for all new and renewal financial lines, casualty, property and accident & health business.
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Bermuda-headquartered insurer Hiscox has partnered with LeakBot, the smart water leak alarm, to provide its leak detection system to customers. This makes Hiscox the first UK insurer to offer a free LeakBot to all new and existing buildings insurance customers.
LIFE INSURANCE INTERNATIONAL
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Laka has secured £3.6m funding to expand its bicycle InsurTech across the EU. The round was led by VC firms LocalGlobe and Creandum, which have previously backed TransferWise and Zego, and Spotify and Klarna, respectively.
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| | Bengaluru-based cloudtech startup Rapyder has clients across verticals, including BFSI, ITeS, retail, hospitality, education, travel and tourism, and ecommerce. It has partnered with AWS, and is currently gunning for bigger ticket-size customers.
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AI-powered insurance company Lemonade is introducing a new product line – pet health insurance. The product, designed for pet cats and dogs, will leverage the same technologies and features Lemonade utilises for its homeowners’ and renters’ insurance.
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