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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| | South Korean telecom giant KT is developing an insurance program covering artificial intelligence-based robotics services for the first time. After operating under DB's liability coverage program for the next year, KT will strive to collaborate to introduce other products dedicated to AI
robots.
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A new startup called Justos claims it will be the first Brazilian insurer to use drivers’ data to reward those who drive safely by offering “fairer” prices. Justos has raised about $2.8 million in a seed round led by Kaszek, one of the largest and most active VC firms in Latin America.
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| | Farmers Mutual Fire Insurance Co. of Marble, provider of property/casualty coverage, has selected BriteCore for its core insurance system. The implementation supports strong agency relationships and service to policyholders by increasing ease of doing business through the policy, billing, and claims
modules.
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| | Axle, a U.S.-based financial services platform for the freight and logistics industry, announced earlier this week it secured $10 million through its Series A funding round, which was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage Partners.
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| | Baloise Group is launching its own mobility accelerator with the aim of promoting early-stage innovative ideas. Baloise will evaluate the selected mobility ideas together with the relevant startup teams and provide funding to further develop the minimal viable products they
created.
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