TDI Daily Newswire - 25th September 2020

Published: Fri, 09/25/20

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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WealthTech startup Syfe closes $18.6 million round

Syfe, a Singapore-based digital wealth manager, announced that it has successfully closed a SG$25.2 million ($18.6 million) Series A funding round led by Valar Ventures, a fintech-focused VC fund.

DIGFIN

AXA XL launches Digital Risk Engineer

AXA XL is accelerating the scaling of its new Digital Risk Engineer proposition – a connected solution designed to enable companies to monitor the “health” of their buildings and assets – having recently completed the successful pilot phase.

COVERAGER

CogniSure rolls out AI platform for commercial loss run automation

InsurTech startup CogniSure has launched an AI platform for commercial loss run automation with nine pilot customers. The platform is designed to identify insights from unstructured documents such as loss runs, submissions, quotes and policies.

LIFE INSURANCE INTERNATIONAL

ONE Insurance Selects Hyperscience to Boost Digital Applications Processing

ONE Insurance, Europe’s first digital full-service insurance provider, has selected the Hyperscience Platform for its advanced Intelligent Document Processing [IDP] capabilities. With the Hyperscience Platform, ONE Insurance will be able reduce manual keying and validation, improve data quality, and streamline application processing.

IIR

Bupa’s new health and wellbeing plans launched for members based in the UK

The Bupa Be.Well range of new health and wellbeing plans aims to help curb the growing mental health crisis by making mental health support more accessible to employees in the UK.

ITIJ

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