TDI Daily Newswire - 01st June 2020

Published: Mon, 06/01/20

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

Allianz Life Ventures backs Accern

New York-based Accern announced a $13 million Series A funding round led by Fusion Fund with participation from Mighty Capital, Allianz Life Ventures, Vectr Fintech Partners and Viaduct Ventures. The company has previously raised $14.5 million.

COVERAGER

Veruna and Insuritas Form Strategic Partnership

Veruna, a developer an agency management system (AMS) built on the Salesforce platform, has formed a strategic partnership with Insuritas, the creator of shopping experience in which insurance companies compete to provide the right coverage at the right price to financial institutions nationally.

IIR

Workers’ Compensation Insurtech Pie Raises $127 Million

Workers’ compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital joined the insurtech’s current investors in the capital raise, including Greycroft, SVB Capital, Aspect Ventures, Elefund, and Sirius International Insurance Group.

INSURANCE JOURNAL

Roost enters into strategic partnership with American National Insurance Company

Roost has entered into a strategic partnership with Texas-based American National Insurance Company to help mitigate claim costs and increase customer engagement.

LIFE INSURANCE INTERNATIONAL

AXA XL to launch digital construction platform

AXA XL’s North America Construction insurance business is set to launch an integrated digital platform that monitors and aggregates data to help contractor clients manage risks.

REINSURANCE NEWS

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