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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| | Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services. The tie-up between Google, Allianz and Munich Re gives the insurers special access to data to see what controls are in place at client firms to help them price the
risk.
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Catastrophe modeling firm AIR Worldwide has announced that it will make its Catastrophe Exposure Data Exchange (CEDE) database schema available as an open standard in order to facilitate accurate, efficient and transparent data exchange throughout the insurance value chain, allowing companies to make better risk management decisions.
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| | Etvas, a digital B2B2C marketplace for add-on services to customers of banks and insurance companies, secured $1 million in a Seed round led by High-Tech Gründerfonds, with Sparkasse Bremen, and Plug and Play as participants.
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| | MJ Insurance, a US-based privately-owned insurance agency, has chosen TowerIQ’s suite to power its digital transformation. TowerIQ (TIQ) team will help MJ’s Risk Management team to make advancements in standardisation, automation, and API’s across the complete book of business.
LIFE INSURANCE INTERNATIONAL
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| | Intact agreed this past November to form a consortium with Denmark-based Tryg A/S to acquire London-based RSA plc. The deal has yet to close. Intact is expected to have about 22% market share in the Canadian P&C space once the RSA deal is completed.
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