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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| | Florida insurtech and subsidiary of HCI Group, TypTap Insurance Company, has secured a $100 million investment from private investment management firm Centerbridge Partners.
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SiriusPoint, a newly formed specialty insurance and reinsurance company, has launched its operations with more than $3bn in initial capital. The company was formed following the merger of Third Point Reinsurance and Sirius International Insurance Group.
LIFE INSURANCE INTERNATIONAL
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| | Financial technology and marketing provider Kasasa has partnered with Protective Life to enable community financial institutions to offer life insurance. Through this association, Kasasa banks and credit unions will be able to offer life insurance within Kasasa Care.
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| | AXA Affin General Insurance has launched Business Advantage Plus (Enhanced), or BAPE, a business protection plan for small and medium enterprises (SMEs). The policy covers fire and other insured perils, such as burglary, public liability, and workmen’s compensation.
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| | BrokerTech Ventures, the insurance industry’s first broker-led convening platform and accelerator program, has selected 12 InsurTech startups to take part in its annual accelerator curriculum.During this time, the startups will advance their technologies, accelerate their progress through a select mentor
network, receive $50,000 in seed funding.
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