TDI Daily Newswire - 24th November 2021

Published: Wed, 11/24/21

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

Israel’s Vesttoo secures Series B

Israeli insurtech startup Vesttoo has raised $15 million in a Series B round from Mouro Capital and MS&AD Ventures, just three months after securing $6 million in Series A financing led by Hanaco Ventures.

THE CAPITAL QUEST

Corvus Insurance Selects CyberCube Portfolio Manager

Corvus Insurance, an InsurTech MGA providing “smart” commercial insurance products powered by AI-driven risk data, has selected CyberCube’s Portfolio Manager to better analyze and understand cyber risk.

IIR

Nuon AI and Ignite Systems partner to deliver UK’s first embedded AI pricing service

Details of the UK’s first AI-driven pricing service have been revealed as part of a joint venture between artificial intelligence specialists Nuon AI, and leading broker policy administration software provider Ignite Systems.

COVERAGER

Open GI partners with Percayso Inform on data product

Open GI has partnered with insurance data intelligence provider, Percayso Inform, to offer a new data agnostic enrichment service for UK brokers. The intelligence service product will be available through Open GI’s platforms for motor and commercial vehicle lines of business in early 2022.

INSURANCE AGE

French insurtech startup Leocare raises big funding round

French startup Leocare has raised a big Series B funding round led by Eight Roads. Overall, the company has raised $116 million. It’s an equity and debt round. The company is raising today’s Series B less than a year after raising its Series A. And some of Leocare’s existing investors are putting more money on the table with the Series B.

TECHCRUNCH

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