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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| | P&C and life insurer Farmers Insurance announced it has integrated Zesty.ai ‘s wildfire risk scoring model (Z-FIRE™) into its homeowners insurance underwriting processes – selectively expanding opportunities for coverage for residences located in certain wildfire-risk areas.
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Coherent, a Hong Kong-based InsurTech provider of digital platforms and data intelligence engines, has undertaken a a partnership with New York-based Unqork, provider of an enterprise no-code platform, to combine Coherent’s core insurance logic and rules engine, Spark, with Unqork’s enterprise no-code platform to realize faster, more seamless insurance sales and servicing solutions.
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| | BukuWarung, a fintech company, has raised $60M in a Series A round that drew participation from Valar Ventures, Goodwater Capital, and Quona Capital. The funding will help the company offer more MSME-focused financial products and services.
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| | SOMPO Holdings, one of Japan’s largest insurers, is investing an additional $45 million in One Concern, Inc., an AI startup focused on building the global resilience market. The deal is designed to help One Concern expand its core capabilities in AI-focused resilience products and
services.
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| | Aston Lark Ireland has acquired Dublin-based home and car insurance provider McMahon Galvin for an undisclosed sum. Apart from offering home and car insurance to individuals, McMahon Galvin also offers a full range of insurance services to businesses.
LIFE INSURANCE INTERNATIONAL
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