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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| | Tokio Marine (Tokyo) has adopted Tractable’s (London) AI solution to process auto damage across its insurance operations in Japan, in order to accelerate claims processing for policyholders.
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Bought By Many, the London-based pet insurance provider, has secured £78.4 million in growth equity investment from US firm FTV Capital and existing investors CommerzVentures, Munich Re Ventures and Octopus Ventures.
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| | Hub Security, a Tel Aviv-based startup offering military-grade cybersecurity solutions for fintech, cloud, blockchain and data storage, announced it has closed a $5 million Series A fround led by AXA Venture Partners, with participation from Jerusalem-based OurCrowd.
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| | Canadian insurer Sun Life Financial has revealed plans to take up acquisition opportunities amid the financial uncertainties caused by the Covid-19 pandemic crisis.
LIFE INSURANCE INTERNATIONAL
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| | Sift Healthcare, a data science and analytics company, has announced the launch of Rev/Track, a powerful dashboard and reporting tool for healthcare payments. Rev/Track leverages Sift's AI and predictive modeling to deliver robust intelligence around payments behavior, insurance denials, collection trends,
patient segments and revenue cycle work efforts.
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