TDI Daily Newswire - 02nd October 2020

Published: Fri, 10/02/20

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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Today’s top selected digital insurance content

Insurwave bringing parametric triggers to complex commercial lines

Commercial lines focused insurtech platform provider Insurwave has raised £5 million of additional funding to drive further growth and help it expand service offerings for parametric trigger design more broadly into complex commercial insurance and perhaps reinsurance lines.

ARTEMIS

Retirable raises $4.7 million seed funding

New York City-based Retirable announced a $4.7 million round. The round was led by existing investor Diagram, as well as new investors Primetime Partners and Vestigo Ventures.

COVERAGER

MercyOne partners with insurtech Oscar to offer health plans

Oscar, a New York City-based health insurtech company, announced it has partnered with MercyOne health system to offer Oscar’s individual and family health insurance plans in 23 counties in Iowa beginning in 2021.

BUSINESS RECORD

Microsoft’s new cloud service to streamline operations in patient care

Responding to the increased demand for simple, effective, and secure digital health solutions that allow healthcare providers to effectively communicate with and manage the health of their patients, Microsoft is launching its Microsoft Cloud for Healthcare.

ITIJ

Admiral Seguros Deploys Tractable’s AI Solution to Assess Vehicle Damage

Admiral Seguros, the Spanish subsidiary of global insurer Admiral Group plc, is using Tractable’s Artificial Intelligence (AI) solution to create damage valuations and to generate an offer of immediate payment on damaged vehicles. The insurer characterizes the deployment as the first use of AI for this purpose in the Spanish insurance sector.

IIR

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