TDI Daily Newswire - 20th January 2022

Published: Thu, 01/20/22

Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.

Today's Newswire in full

Today’s top selected digital insurance content

American Financial (AFG) Buys Verikai, Invests in Insurtech

AFG has acquired Verikai, Inc. in a bid to enhance its insurance operations. AFG paid around $120 million in cash at closing. Verikai is an insurance technology company that provides predictive data and risk tool for health insurance underwriters and brokers.

YAHOO FINANCE

Digital life insurance platform Amplify raises $12m

Digital life insurance platform Amplify has raised $12m in Series A funding round jointly led by Greycroft and Crosslink Capital. Conversion Capital, Anthemis and Transverse Asset Management also joined the fundraising round.

LIFE INSURANCE INTERNATIONAL

Smartcar raises $24 million

API developer platform for connected vehicles Smartcar has closed $24 million in Series B financing led by Energize Ventures with follow-on participation from Andreessen Horowitz (a16z) and New Enterprise Associates (NEA). Smartcar will leverage this new funding to further grow its US operations and accelerate its expansion to the European market.

COVERAGER

Saudi Arabia based Walaa Successfully Adopts eBaoCloud DigitalCore as Enabler

eBaoTech Corporation (eBaoTech), a world-leading digital insurance solution provider is pleased to share that Walaa Cooperative Insurance Company (Walaa), a top 5 insurer in Saudi Arabia successfully deployed eBaoTech's DigitalCore™ platform and launched the first batch of products on the new platform.

PR NEWSWIRE

SiriusPoint invests in crypto data & tech provider Lukka

Global specialty re/insurer SiriusPoint has announced a new investment into Lukka, an institutional crypto data and software provider. Lukka raised $110 million in its latest round of financing, with SiriusPoint acting as one of the lead investors.

REINSURANCE NEWS

Today's Newswire in full

Have we missed some news? Please send us the link to our newsdesk and our team will review and publish if it is within our editorial guidelines.

Read more in-depth content from The Digital Insurer

If you would like to sign up a colleague to the daily Newswire then use the sign up link. Just share the email with your colleague and they can register.

View in Browser

Unsubscribe from Daily Newswire email service