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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| | Insurance technology provider Zywave announced the acquisition of Modgic, a provider of workers’ comp and mod analysis software for the commercial insurance industry. Modgic provides an insurance application and tool on a nationwide platform to agents, brokers, carriers, and
policyholders.
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Hedvig, a startup insurer, has announced its expansion beyond Sweden’s borders into other European countries. Hedvig offers home and all-risk insurance for handling a claim, all through digital channels.
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| | Forkast Ltd., a blockchain-focused multimedia platform, has successfully completed its seed funding round of US$1.7 million. A group of global institutional investors and leading blockchain players participated, including Asia-based AMTD Group, Fenbushi Capital, Alibaba Hong Kong Entrepreneurs
Fund.
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| | Square Pegs, which offers specialist insurance coverage for complex and unusual risks via a dedicated e-trading platform, has become a standalone underwriting cell within Castel Underwriting Agencies Ltd.
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| | Howden Broking, formerly known as Hyperion Insurance Group, has bought Medical Professional Risk Solutions (MPRS), a specialist insurance broker for the primary care sector, for an undisclosed sum.
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