TDI Daily Newswire - 04th June 2020

Published: Thu, 06/04/20

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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Self-driving startup Argo completes $2.6 billion tie-up with VW

Argo AI, the self-driving startup tightly aligned with Ford Motor Co., completed an expected tie-up with Volkswagen AG involving a $2.6 billion investment from the German automaker.

DIGITAL INSURANCE

Insurtech company launches new drone insurance platform

Insurtech company Precision Autonomy has announced the launch of a new online platform for commercial drone insurance. Precision Autonomy has been backed by Old Republic Aerospace (ORA) in the launch.

INSURANCE BUSINESS

Go! Insurance launching soon

Thailand-based insurance startup Go! Insurance is getting ready to launch now that it secured a pre-seed round of funding. Established in 2019. Its initial products are GoHealth and GoBike.

COVERAGER

Spinnaker gets snapped up by insurtech Hippo

Spinnaker Insurance Company, the well-known program and fronting service specialist that was founded in 2015 by ex-Arch Re Ingrey family members, has been sold to insurtech Hippo.

ARTEMIS

PLATFORM Insurance announces Quebec expansion

PLATFORM Insurance Management Inc., (“PLATFORM”) a leading construction, real estate and development insurance broker, announced today that it has opened PLATFORM Quebec Insurance Brokers Ltd. / PLATFORM Québec Courtiers d’Assurance Ltée (“PLATFORM Quebec”) with offices in Montreal.

CANADIAN UNDERWRITER

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