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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| | French AI startup Monk, a unique system for car damage detection, has closed a €2.1 million seed round led by Iris Capital, alongside Plug and Play and key business angels including Patrick Sayer (former CEO of Eurazeo).
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DIGITAL banking hopeful AMTD Group on Thursday announced that its digital arm, AMTD Digital, has acquired Singapore insurtech startup PolicyPal for an undisclosed sum.
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| | Income has launched SNACK. With SNACK, the insured gradually builds or stacks his insurance coverage by paying micro-premiums at either $0.30, $0.50 or $0.70, to accumulate micro-policies that offer a specified sum assured that corresponds with the premiums paid.
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| | London-based FinTech services firm Codat has raised ($10m) in venture funding. The firm’s technology connects the internal systems of small businesses to banks, fintechs and other financial institutions, allowing business data to flow back and forth in real time.
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| | iProov, the world leader in spoof-resistant biometric authentication technology, today announced its partnership with RegTech specialists, NorthRow. The move sees iProov expand its growing partner network and extend its services into the property, professional services and FinTech
sectors.
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