TDI Daily Newswire - 05th October 2020

Published: Mon, 10/05/20

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

BGL Launches AI-Powered Anti-Fraud Software

BGL Group has today announced the successful launch of new and market-leading counter fraud ‘pre-sale’ technology. The substantial investment by BGL has involved the development of another bespoke algorithm which, for the first time, uses artificial intelligence and machine learning to identify criminal activity.

INSURANCE EDGE

Delta Insurance launches personal cyber offering in partnership with Costero Brokers

New Zealand-headquartered insurance business Delta Insurance Group has launched a new personal cyber product in partnership with UK-based brokerage Costero Brokers.

LIFE INSURANCE INTERNATIONAL

Agero Improves Accident Experience for Insurers/Drivers through Lyft Service

Agero, a provider of driver assistance services, has enhanced its digital accident claims management platform to include a new rideshare option for insurers interested in offering alternative transportation to policyholders involved in an accident.

IIR

Integrity Life raised $43 million

Integrity Life secured $43 million in their recent series B round of funding. The majority of the capital has come from institutional funds managed by Schroder Investment Management (Switzerland) AG, a member of the Schroders group (“Schroders”), with support from existing institutional shareholders.

COVERAGER

UK MGA Manchester Underwriting Mgmt Buys Renewal Rights of Pinpoint Underwriting

Manchester Underwriting Management Ltd. (MUM) has acquired the portfolio renewal rights of Pinpoint Underwriting. The underwriting team at Pinpoint will be joining MUM with immediate effect.

INSURANCE JOURNAL

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