Spanish insurtech start-up Bdeo, the leading firm of its kind in Spain and Latin America, is in the process of launching and building a team in the UK following a €5m raise.
Germany’s second largest direct car insurer Verti Versicherung AG announced it is now offering a new product starting at 38 euros a year to protect tenants and their assets from possible incidents that may occur in a rental home.
Samsung Fire & Marine Insurance (SFMI) has signed a joint venture (JV) agreement with China’s Tencent. The partnership is set to strengthen SFMI’s foothold in China and boost their digital channels.
BGL Group – the broker behind ComparetheMarket - has selected a cloud platform provider called Twilio to enhance customer engagement during the Covid-19 lockdown and beyond.
The rise of price comparison websites (PCWs) has changed the dynamics of how insurance products are sold. However, insurtechs have the potential to challenge PCWs, offering similar benefits but improving the customer experience.
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