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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| | IBISA has raised a €1.5m seed round, led by specialist incubator + venture fund Insurtech Gateway, alongside other strategic co-investors including Rockstart’s AgriFood fund. The seed round raised by IBISA will be used to fuel further expansion across the Philippines and India, alongside hiring and entering
new markets.
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Insurance software specialist, Sequel a Verisk Business, has announced the development of a new solution designed to simplify the distribution of standalone products and delegated authority business.
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| | Coalition, the world's largest commercial insurtech provider, today announced it will launch a new captive to begin taking risk on its cyber insurance programs. With this captive, Coalition will enhance its ability to manage capacity and its long-term growth objectives while further aligning incentives with
its customers.
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| | Proximus, the largest telecommunications company in Belgium, is partnering with AXA Partners to launch Cyber Care, an insurance policy offering technical, legal, financial and psychological support in the event of cybercrime. Proximus claims that it is the first Belgian operator to offer such a
product.
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| | Lighthouse, the Los Angeles-based software for landlords and tenants, announced a new partnership with Topa Insurance Company to offer security deposit insurance for renters. The new insurance product enables tenants to hold on to their cash security deposits and protects landlords' investments while
expanding their potential tenant market.
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