TDI Daily Newswire - 11th May 2021

Published: Tue, 05/11/21

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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Armco launches Cape Insurance

Armco, a specialist finance and property consultancy, has developed Cape Insurance – a niche risk and insurance adviser for property investors, developers and the construction sector.

INSURANCE AGE

Longevity startup Gero AI has a mobile API for quantifying health changes

The ‘longevity’ startup — which condenses its mission to the pithy goal of “hacking complex diseases and aging with Gero AI” — has developed an AI model to predict morbidity risk using ‘digital biomarkers’ that are based on identifying patterns in step-counter sensor data which tracks mobile users’ physical activity.

TECHCRUNCH

battleface announces new partnership with Spinnaker Insurance Company

battleface Inc., a rapidly growing tech-enabled company focused on providing innovative and relevant insurance products for travelers worldwide, today announced a new partnership with Spinnaker Insurance Company, a leading fronting carrier, wholly owned by Hippo Enterprises, the homeowners insurtech group.

COVERAGER

Nasdaq-Listed Metromile Backs Bitcoin for its Insurance Products

San Francisco-based Nasdaq-listed auto insurance company Metromile Inc has joined the growing list of companies building the ecosystem around Bitcoin and cryptocurrencies in general. The company is set to begin accepting cryptocurrency payments from its policyholders while it also asserted its plans to pay out digital currencies when claims are made.

BLOCKCHAIN NEWS

Italy’s Generali Buys Stake in E-scooter Operator Ridemovi

Italy’s biggest insurer Generali has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services. Ridemovi is the leading Italian company in the micro-mobility sector and has developed a very efficient and scalable business model.

INSURANCE JOURNAL

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