Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.
|
Today’s top selected digital insurance content
|
| | Majesco, a global provider of cloud insurance software and platforms, announces that it has completed the acquisition of Utilant LLC, a InsurTech company providing a survey management SaaS product suite for loss control and premium audit surveys and artificial intelligence (AI)/machine learning (ML)
data and analytics.
|
| |
Insurtech Akur8 has closed its Series B funding round of $30m, bringing its total funding to $42m. That round was led by BlackFin Capital Partners and MTech Capital. Akur8 aims to transform insurance pricing with its Transparent AI, a cloud-based solution that automates the generation of pricing models.
LIFE INSURANCE INTERNATIONAL
|
| | Australian home insurance intermediary Honey Insurance has closed a $12 million seed round from several investors including ABN Group, AGL, Apex Capital Partners, Metricon Homes, Mirvac Group, PEXA, RACQ , REI, and SFG Investments.
|
| | Tractable, which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read” to make appraisals, has raised $60 million, a Series D that values Tractable at $1 billion. It will also use the investment to continue building out its technology,
specifically to help build out better, AI-based techniques of processing and parsing pictures.
|
| | Neptune Flood, an insurtech firm focused on the flood market, has surpassed $20 billion in total insured property value. Neptune offers residential, commercial and RCBAP flood insurance products nationwide.
|
Have we missed some news? Please send us the link to our newsdesk and our team will review and publish if it is within our editorial guidelines.
Read more in-depth content from The Digital Insurer
|
If you would like to sign up a colleague to the daily Newswire then use the sign up link. Just share the email with your colleague and they can register.
|
|
|
