TDI Daily Newswire - 30th Apr 2020

Published: Thu, 04/30/20

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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Indonesian insurtech Qoala raises US$13.5m

Jakarta-based insurtech player Qoala completed its Series A financing round on April 28 to the tune of US$13.5 million. Centauri Fund, a recently-established growth-stage venture capital (VC) fund, led the round.

INSURANCE ASIA NEWS

Vericred launches health insurance card scanning API

NYC-based data services company Vericred announced the availability of its Card Scanning API to identify a user’s provider-network from their insurance card. This solution helps solve one of the toughest health insurance problems: most members don’t know their health insurance network.

COVERAGER

Covered by SAGE Secures $6M Seed Funding

Covered by SAGE, a modern, tech-enabled Property and Casualty (P&C) insurance brokerage revolutionizing the insurance industry, today announced it has successfully closed a $6 million seed round, led by NFX with participation from Tectonic Capital and Treasury, the fintech platform launched by Acorns and Betterment Co-Founders.

BUSINESSWIRE

C-Quence unveils capacity deal with Zurich

Digital MGA C-Quence has revealed that Zurich Insurance will provide further capacity for its management liability and stand-alone D&O products.

INSURANCE AGE

Nasdaq rolls out new risk modelling service for reinsurance industry

Nasdaq has launched its upgraded Nasdaq Risk Modelling service, which is claimed to be the first independent multi-vendor risk modelling service for the reinsurance industry.

LIFE INSURANCE INTERNATIONAL

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