TDI Daily Newswire - 12th March 2021

Published: Fri, 03/12/21

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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Hi Marley Raises $25M in Series B Funding

Hi Marley, the Boston-based creator of an intelligent communication platform built for the insurance industry, has announced the company has closed a $25 million Series B financing round. The investment was led by Emergence Capital.

IIR

QOMPLX swoops on insurance software modelling firm RPC Tyche

Cloud-native risk analytics provider QOMPLX has agreed to buy RPC Tyche, an insurance software modelling and consulting firm. The deal, whose financial terms were not revealed, is said to enhance insurance analytics services.

LIFE INSURANCE INTERNATIONAL

Introducing Wrapper Insure

Wrapper Insure , “a niche personal lines broker operating on a fully online, self-service, digital-only basis”. Focusing on leisure and lifestyle products, Wrapper will offer a self-service portal, AI chatbot and a policyholder app all provided by Ignite Insurance Systems, a company providing policy management systems.

COVERAGER

Cowbell Cyber raises $20mn in Series A funding round

AI-powered cyber insurer Cowbell has closed a $20 Million Series A funding round as it looks to scale its offering for continuous underwriting and closed-loop risk management.

REINSURANCE NEWS

Cigna Europe launches global healthcare strategy

The international health insurance and assistance firm has announced a ‘five-year strategic overhaul’ to its healthcare plans, ‘Whole Health’. Whole Health will work with employers to ensure that employees receive comprehensive, tailored support and tools to help people face the demands of modern life.

ITIJ

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