TDI Daily Newswire - 05th February 2021

Published: Fri, 02/05/21

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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Applied Systems Enters Into New Partnership with Google to Enhance Cloud Technologies

Applied Systems has expanded its partnership with Google to adopt additional Google Cloud technologies as part of its product portfolio transformation. Following an investment in Applied by CapitalG, Alphabet’s independent growth fund, this new partnership with Google Cloud will enable agencies and brokerages to leverage technologies.

IIR

Insurtech LeaseLock receives $52m boost in Series B funding

Insurtech platform for real estate LeaseLock has raked in $52m in a Series B funding round to expand its lease insurance product for enterprise real estate. The funding round was led by London-based Westerly Winds and Wildcat Venture Partners.

LIFE INSURANCE INTERNATIONAL

AVP backs Valera Health

New York-based telebehavioral health service provider Valera Health announced the closing of a $3.8 million round led by AXA Venture Partners (AVP) with participation from Windham Ventures, Figure Eight Investments, and mental health expert Tom Insel.

COVERAGER

American Farmers and Ranchers Selects Sapiens CoreSuite to Modernize Their Digital Landscape

Sapiens Americas, a leading global provider of software solutions for the insurance industry, has announced an agreement with American Farmers & Ranchers (AFR), to modernize their current insurance platforms with an integrated, multi-line solution with Sapiens Digital CoreSuite for Property & Casualty as well as Sapiens ReinsurancePro.

PR NEWSWIRE

RMS Updates Cyber Application Offerings, Targets ‘Silent’ Cyber Risks

Catastrophe modeler RMS has made updates to its cyber offerings to target emerging cyber risks. RMS has rolled out a new RMS Cyber Solutions Portfolio Management application designed to help carriers understand the extent of previously unquantifiable cyber risks on their portfolios – also known as “silent cyber.”

INSURANCE JOURNAL

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