TDI Daily Newswire - 27th October 2020

Published: Tue, 10/27/20

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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GEOX appoints insurance analytics veteran Dr. Upendra Belhe as their board advisor

GEOX, the innovator and patent owner in the use of Machine vision and Deep learning for providing the property data based on aerial imagery announced that it has appointed Dr. Upendra Belhe as their board advisor.

GEOX

Ash Brokerage introduces a new life insurance platform

Ash Brokerage , an insurance brokerage, released Ash Term Express, a streamlined platform designed to help financial professionals easily offer life insurance to clients. Ash Term Express allows the advisor the capability to quote premiums from different carriers and submit an application in minutes.

COVERAGER

Newfront Insurance announces $100MM+ in funding

Newfront, the technology-driven modern insurance brokerage, today announced it has raised over $100 million of funding, most recently valuing the company at $500 million. The company’s lead investors are Founders Fund and Meritech Capital.

AMERICAN ENTREPRENEURSHIP

AssuredPartners snaps up John J. Matsock & Associates

US-based insurance brokerage firm AssuredPartners has acquired John J. Matsock & Associates to expand its presence in Illinois. Enhancing their capabilities and client offerings will allow for an expansion in this changing landscape.

LIFE INSURANCE INTERNATIONAL

North P&I Club adds route risk tool

Shipping insurer North P&I Club has launched a route risk management tool for members to help them identify hazards in voyages from port to destination. Route Risk Advice is an addition to the club’s MyGlobeView digital platform. MyGlobeView, which also features a Covid-19 tracking tool.

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