TDI Daily Newswire - 09th September 2020

Published: Wed, 09/09/20

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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BIMA secures $30m to drive digital health and insurtech in emerging markets

BIMA, the leading provider of digital health and insurtech services in emerging markets, has secured $30 million in further investment as demand for digital health services doubles. COVID-19 is the catalyst behind the surge, with consumers seeking increased access to telemedicine and insurance cover against life and health risks.

FINTECH FINANCE

AXA Climate & SatSure partner for global parametric risk transfer solutions

AXA Climate, the parametric specialist risk transfer unit of global insurance and reinsurance company AXA, has partnered with SatSure AG, a provider of decision intelligence solutions using satellite data, to roll-out parametric risk transfer solutions around the globe.

ARTEMIS

Mahindra Insurance Brokers forays into online insurance space

Mahindra Insurance Brokers, the insurance subsidiary of the Mahindra Finance, is prepping up to foray into online insurance space. The company will be offering insurance products through its online insurance portal PayBima, which is expected to be launched soon.

LIFE INSURANCE INTERNATIONAL

Beesafe insurance products are built from scratch

Vienna Insurance Group (VIG) has launched an online auto insurance brand Beesafe in Poland in partnership with its Polish subsidiary Compensa. Prospects can purchase and claim online as well as add ‘useful extras’.

COVERAGER

Arag revamps family legal solutions offering

Legal expenses provider Arag has relaunched its Family Legal Solutions product to include a ‘dark web’ monitoring and ID theft restoration service. It explained that dark web monitoring can alert policyholders if their personal information is detected in suspicious activity online.

INSURANCE AGE

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