TDI Daily Newswire - 08th March 2021

Published: Mon, 03/08/21

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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German insurtech platform Hepster raises $10M Series A led by Element Ventures

Hepster, an insurtech platform from Germany, has raised $10 million in a Series A funding round led by Element Ventures. Also participating was Seventure Partners, MBMV and GPS Ventures. The funds will be used to broaden the Hepster insurance ecosystem and scale up its network, with an emphasis on automation.

TECHCRUNCH

Betterview announces partnership with newly formed InsurTech company Joyn Insurance

Betterview, the remote property intelligence platform that aims to empower and inform every stage of the policy life-cycle, has announced a partnership with Joyn Insurance, a newly-formed InsurTech company focusing on the US small and mid-sized commercial market.

COVERAGER

InsurTech Symbo raises US$9.4 mn

Singapore-based InsurTech, Symbo Platform Holdings announced the completion of a US$9.4 million funding round led by the CreditEase Fintech Investment Fund. With the new investment, the company plans to bolster its core technology platform.

IBS INTELLIGENCE

KPMG, IntellectEU launch blockchain app to fight insurance fraud

IntellectEU developed the ClaimShare solution that uses enterprise blockchain R3 Corda. It also leverages R3’s new software technology Conclave. Conclave enables confidential computing, which means that insurers CAN share details about claims without the other insurer seeing them.

LEDGER INSIGHTS

Brightside sold to Markerstudy seven years after collapse of initial deal

Markerstudy has bought Brightside for an undisclosed sum from Anacap. Anacap eventually purchased Brightside for £127m in 2014.

INSURANCE AGE

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