TDI Daily Newswire - 08th July 2020

Published: Wed, 07/08/20

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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Risk analysis partnership for Safeture and MAX Security

The Swedish software-as-a-service (SaaS) company has teamed up with the Israeli risk analysis firm to enhance its offering. MAX Security has provided security, risk management and intelligence information and solutions to both the corporate and private sectors.

ITIJ

Pikl moves forward with property and vehicle MGA

Pikl, which was originally set up to provide insurance for AirBnB hosts, has launched an MGA in partnership with First Underwriting, Accredited Insurance, and the Claims Consortium Group. The partnership has been set up to provide Pikl with flexible underwriting capacity for a range of property and vehicle products.

INSURANCE AGE

FraudScope raises $7 million to address healthcare fraud

Atlanta-based FraudScope; an AI-based platform announced it has completed a $7 million round of Series A financing from several investors including QED Investors , Brewer Lane Ventures , and the GRA Venture Fund. The company – a team of ~18 has raised a total of $9.4 million since its inception.

COVERAGER

Hiscox, RHK launch variable consortium for general liability risks

Specialist global insurer Hiscox and RKH Reinsurance Brokers have launched a new variable consortium with a maximum line of over $20m for a range of general liability risks.

LIFE INSURANCE INTERNATIONAL

Star Health and Allied Insurance announces Bancassurance tie-up with Karur Vysya Bank

Star Health and Allied Insurance, the leading standalone health insurance company in India, has entered into a strategic partnership with Karur Vysya Bank to offer innovative health insurance solutions to the Bank's Customers.

EQUITY BULLS

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