Insurtech By Bits has launched with a promise to transform the customer experience and bring fair pricing and motor insurance to drivers. The platform allowed motor insurance providers to create personalised services for customers and bring usage-based policies to market in a fast and cost-effective
way.
Eurapco, a strategic alliance of eight primarily mutual European insurers, and B3i Services AG, a global industry-led initiative, announced the launch of Eurapco Unity.
Roostify closed a $32 million Series C funding round led by Ten Coves Capital, bringing its total funding to date to $65 million. It intends to use the funding to leverage “innovative AI” to simplify the entire home buying experience and grow its staff by 50%.
Reinsurer Munich Re has led a funding round for smart home technology firm Span, raising $20 million to support growth and provide integrated energy solutions for homes. Span’s electrical panel enables users to monitor and control their home energy.
Digital travel concierge service SmartNomad, which uses AI and human experts to plan and book travel itineraries, has selected Allianz Partners as its travel insurance partner.
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