TDI Daily Newswire - 06th November 2020

Published: Fri, 11/06/20

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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Cover Genius Partners with Descartes to Offer e-Commerce Shipping Insurance

The XCover insurance distribution platform has been integrated with the ShipRush ecommerce shipping solution to provide e-commerce shipping insurance to Descartes’ U.S. customers.

IIR

Hyperion rebrands as Howden Group Holdings

Hyperion Insurance Group has changed its name to Howden Group Holdings, effective immediately. The business was founded in 1994 as Howden Pangborn. It detailed that the Hyperion name was created after the launch of Dual in 1998.

INSURANCE AGE

AI-powered Insurtech platform Fedo gets $1Mn in Pre-Series A

A Bangalore-based insurtech startup, Fedo, has raised $1 million in its pre-series A financing round led by Indian VC firm, Unicorn India Ventures. Its AI/ML algorithms use a combination of health risk and claim propensity scores to calculate the risk for an individual.

STARTUP AROUND

Legal & General launches COVID-19 intervention package

Insurance firm Legal & General has released an early intervention care package for employees in its group protection schemes displaying symptoms of “long” COVID-19.

LIFE INSURANCE INTERNATIONAL

Answer Financial partners with SafeAuto

Online auto and home insurance agency, Answer Financial, has partnered with SafeAuto , a provider of affordable state minimum coverage. Through this partnership, Answer will be able to extend SafeAuto’s affordable insurance options to help consumers save money.

COVERAGER

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