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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| | Kin, a home insurance company focused on data-driven underwriting to provide accurate rates for individual properties in disaster-prone areas, has raised $63.9 million in a Series C round, bringing its total funding to more than $116 million. The Series C round was led by Senator Investment Group and Hudson
Structured Capital Management.
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State Farm has rolled out a new digital solution for making insurance payouts on claims for its fire and auto customers. The digital payments solution uses technology from Fiserv, Inc. a leading global payments and financial services technology solutions provider.
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| | SageSure, a residential property managing general underwriter and SureChoice Underwriters Reciprocal Exchange (SURE) , announced a new partnership that will soon add ‘highly rated’ capacity for homeowners. SURE is committed to delivering insurance solutions to homeowners in markets with
unique needs due to catastrophe exposures.
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| | Resolution Life, a manager of in-force life insurance businesses, has raised an additional $1.6bn in capital. The firm will use the infusion to drive its growth plan through the acquisition and reinsurance of life insurance portfolios.
LIFE INSURANCE INTERNATIONAL
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| | Qlaims has partnered with Hedron Network in order to offer network members a new claims and risk management solution. Under the arrangement, Hedron Network partner brokers will be able to access bespoke rates for schemes and portfolios, with embedded wordings, as well as accessing the Qlaims Insurance
standard policy.
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