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
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| | Openly Inc., a technology-enabled premium home insurance provider focused on simplifying the buying process and supporting rather than disintermediating agents, has closed a $40 million Series B investment round. The round is led by Advance Venture Partners.
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Amodo and Galileo Platforms, two B2B insurtech companies, today announced a new strategic partnership that will utilize innovative telematics and blockchain technologies to enable insurance companies to both transform their customer experience and offer new insurance solutions.
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| | Credit Karma has launched Karma Drive, a usage-based insurance product powered by Zendrive and in partnership with Progressive, which will allow users to potentially obtain an auto insurance discount based on their actual driving.
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| | Digital life insurance platform Bestow has raked in $70m investment in a Series C funding round from new as well as existing investors. Using the fresh infusion, Bestow plans to roll out innovative products as well as scale platform services.
LIFE INSURANCE INTERNATIONAL
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| | ABD Insurance and Financial Services, a leading national full-service insurance brokerage and consulting firm, today announced the launch of ABD Total Solution, a proprietary platform that enables emerging companies to quickly and confidently secure tailored, comprehensive insurance.
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