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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| | Global reinsurance giant Swiss Re and Chinese tech giant Baidu have partnered to advance insurance and risk management for autonomous driving and autonomous vehicles. The companies announced this morning that Swiss Re will work with the technology firm to provide risk management expertise and innovative
insurance products for Baidu’s autonomous driving business.
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Aventus has launched what it describes as a flexible and affordable Digital Underwriting solution for both complex and standard insurance products. The fresh proposition is designed to allow underwriters to automate some, or all, of the underwriting process through a single system.
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| | The Demex Group, a climate risk focused insurtech that aims to deliver climate-resilience through financial risk solutions on a global scale, has partnered with Canopius owned MGA and insurance API platform Vave to offer parametric extreme temperature insurance to commercial property
owners.
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| | FairSide Network, a startup characterizing itself as a next-generation cover primitive working to offer crypto holders a better alternative to DeFi insurance protocols, has raised $4.2 million in an early staking round to the protocol’s capital pool with participation from Alameda Research, Dominance
Ventures, Jump Capital, Figment Capital, and Daedalus Angel Syndicate.
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| | Farmers Business Network, the global farmer-to-farmer network and ag tech company, announced the closing of $300 million in Series G funding. The round was led by Fidelity Management & Research Company LLC with participation from LN Mittal Family Office, ADM Ventures Investment
Corp.
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