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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| | NTUC Income (Income), a leading composite insurer in Singapore, today made its first overseas foray into three Southeast Asian markets through strategic partnerships with PT Central Asia Financial (JAGADIRI) in Indonesia, Post and Telecommunication Joint Stock Insurance Corporation (PTI) in Vietnam and VSure
Tech Sdn. Bhd (VSure) in Malaysia.
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Augury, the leading IOT and AI-driven Machine Health solution provider, today announced that it has secured $180 million in new funding bringing the company’s post-funding valuation to over $1 billion. With this round, Augury has raised a total of $286 million.
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| | Stride Health, “the leader in portable benefits for independent workers,” has closed a $47 million Series C round, bringing its total funding to $96 million. The round was led by King River Capital with participation from Mastercard and Allstate along with existing investors Venrock, NEA, Fidelity’s F-Prime
Capital, and Moderne Ventures.
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| | Bermuda specialty insurance startup Mosaic Insurance (Mosaic) and American multinational corporation DXC Technology partnered to launch an insurance technology platform for Specialty Insurance. It can increase the speed at which specialty insurance is sold, underwritten, and serviced.
LIFE INSURANCE INTERNATIONAL
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| | Getsafe, the German insurtech that offers car and home insurance, has been granted a European Insurance license by the German financial regulator, BaFin. The insurtech offers home and car insurance and has plans to expand into more verticals – like life and health – in the coming
years.
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