TDI Daily Newswire - 18th September 2020

Published: Fri, 09/18/20

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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Digital health: Ginger mental health startup raised $ 120 million

The last recent investment round is worth $50 million. Ginger brings together behavioral trainers, therapists and psychiatrists, who provide personalized care through their smartphones.

INSURANCE UP

ICICI Prudential Life launches AI-powered voice chatbot on Google Assistant

ICICI Prudential Life Insurance has introduced its customer service chatbot ‘LiGo’ on Google Assistant. The service allows policyholders to have their queries addressed by simple voice commands such as “Ok Google, I want to speak to ICICI Prudential Life LiGo” or “May I talk to ICICI Prudential Life LiGo”.

COVERAGER

Munich Re leads financing round for Indian insurtech startup

It has been announced that Munich Re has led the financing round for an Indian insurtech startup, Acko. The startup, which is taking on India’s outdated insurance industry with a digital-first product that has already received backing from Amazon, today announced a new financing round.

REINSURANCE NEWS

Manulife’s new policy to include Covid-19 medical cover

Manulife Financial Group is to provide a new travel insurance policy that also includes Covid-19 in its emergency medical coverage. The new policy will be available for domestic and international Canadian travellers planning trips even to countries subject to a level 3 travel advisory.

ITIJ

Blackstone puts weight behind Ki, as Brit’s algorithmic syndicate raises $500m

Private equity investment giant Blackstone has thrown its weight behind Brit’s algorithmic, follow-form Lloyd’s syndicate Ki, investing alongside Brit parent Fairfax in a $500m capital raise for the new venture.

IIR

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