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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| | Sapiens International Corporation, a global provider of software solutions for the insurance industry, has announced the launch of BotConnect, which the vendor describes as a powerful AI enabled, NLP trained chatbot module, and Sapiens LiveConnect, which enables bot conversations to be escalated to live
agents when needed, across multiple interaction channels and methods.
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Planck, the AI-based data platform for commercial insurance underwriting, announced today it has raised a $20 million growth round. The funding came from 3L Capital and Greenfield Partners, along with returning investors Team8, Viola Fintech, Arbor Ventures and Eight Roads.
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| | KFin Technologies, which is backed by American PE firm General Atlantic, has acquired 17% stake in insurtech startup Artivatic for an undisclosed sum. KFin will contribute to Artivatic with access to clientele, geographic expansion, thought leadership and technology and process
frameworks.
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| | San Francisco-based provider of online fraud and abuse prevention technology Arkose Labs has raised a $70 million Series C funding round led by SoftBank Vision Fund 2 with additional participation from Wells Fargo Strategic Capital and previous investors M12 and PayPal Ventures, bringing the total
funding to $114 million to date.
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| | ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has formed a partnership with green finance managing general agency, Tierra Underwriting Ltd. ArgoGlobal is providing $25 million in underwriting capacity to support the MGA, supporting Tierra Underwriting.
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