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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| | US-based insurtech company Machine Cover is said to be developing the world’s first parametric-based pandemic insurance product. The offering, the company claimed, will automatically trigger pay out to business when there is a significant dip in economic activity.
LIFE INSURANCE INTERNATIONAL
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The product provided by GK8, a high-security custody solution for safeguarding and managing digital assets, is now insurable via Aon UK Ltd utilising insurance provided by a panel of insurers led by Arch Underwriting at Lloyd’s Syndicate 2012, which is part of the Lloyd’s insurance market.
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| | Jooycar, a Chilean insurtech that is seeking to disrupt the auto insurance and telematics space in Latin America, has reportedly secured $700,000 through HCS Capital as it plans to continue expansion to the U.S. efforts.
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| | Farmers Edge, a global leader in digital agriculture, today announced a wave of new insurance agency partnerships with 25 companies in the United States. Farmers Edge is steering the evolution of crop insurance by equipping each agency with access to a vertically integrated farm risk management
platform.
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| | Indian payment app PhonePe has launched a domestic multi-trip insurance policy in partnership with insurer ICICI Lombard. The service is exclusively available for PhonePe users and provides annual insurance cover for unlimited trips in India.
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