TDI Daily Newswire - 25th May 2021

Published: Tue, 05/25/21

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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MetLife France Selects Lightico and Particeep for Customer Interaction Platform

Metlife France a division of MetLife, specializing in individual protection and multi-channel distribution, has chosen Lightico, a provider of digital customer interaction solutions, and Particeep, a leading SaaS distribution solution for financial products and services, to create its platform for digitizing its customer-facing interactions.

IIR

Travel insurer battleface joins Insurtech UK

Insurtech UK is a trade association for technologically focused insurance company start-ups in the UK. Insurtech UK provides support for members and have a membership base of over 100 insurtech businesses.

ITIJ

LoanSnap cloes $30 million Series B round

Smart loan technology company LoanSnap has closed a $30 million Series B investment round, bringing its total funding to $64 million. Avanta Ventures, the venture capital arm of CSAA Insurance Group, participated in the round.

COVERAGER

HyreCar Renews Insurance Program with Lloyd's Apollo Insurance Syndicate

HyreCar Inc., the carsharing marketplace for ridesharing and delivery, announced that it has renewed its Automobile Liability Insurance Program with Apollo 1969 of Lloyd’s until 2023. HyreCar has developed an enhanced risk tiering model.

STREETINSIDER.COM

Africa Specialty Risks launches parametric unit

Africa Specialty Risks, a pan-African focused reinsurance group, has announced the launch of a new parametric underwriting division with two key hires joining the company from recent roles at QOMPLX:UNDERWRITING.

ARTEMIS

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