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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| | Belgian insurtech start-up Qover has raised $25m in a Series B funding round led by Prime Ventures and backed by Cathay Innovation. Existing investors Anthemis and Alven also joined the round, which takes the total capital raised by Qover so far to $43m.
LIFE INSURANCE INTERNATIONAL
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Chicago-based Halo Investing, the financial technology platform that provides structured note investments to the average investor, announced the launch of its new annuities platform. The platform includes numerous annuity options and strategies from several carriers, including Allianz Life.
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| | Arturo, an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, has raised $25 million in a Series B funding round led by Atlantic Bridge Capital, with participation from RPS Ventures and existing investors Crosslink Capital and IAG Firemark Ventures,
the venture capital fund for IAG, Australia’s largest general insurer.
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| | ClearPay, the leader in automating payment settlements and reconciliation for the Insurance Industry, announced today that 99% of carriers in Canada are accepting payments and reporting from brokers using ClearPay.
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| | Denver-based insurance brokerage IMA Financial Group said it is expanding to California by acquiring Bolton & Co. in a transaction effective May 1, 2021. IMA specializes in risk management, insurance, wholesale brokerage and wealth management.
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