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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| | Verisk, a global provider of data analytics to the insurance industry, has launched the next generation of its advanced telematics scoring model, the DrivingDNA Score. With an associated rating rule and expansive state rollout plan already underway, the updated and enhanced score can make usage-based
insurance(UBI) market entry and expansion easier with straightforward implementation.
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Sagicor, a prominent financial and insurance company in the Caribbean and the Americas has partnered with Life.io, a leading customer engagement technology firm, to provide a state-of-the art digital experience for its customers.
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| | Health insurance startup Bright Health Group has raised $924.3m in the initial public offering of its 51.3m shares. JP Morgan, Goldman Sachs, Morgan Stanley and Barclays were the lead book-running managers for the offering.
LIFE INSURANCE INTERNATIONAL
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| | Arch Reinsurance Ltd., a subsidiary of Arch Capital Group Ltd., announced it plans to acquire Somerset Bridge Group Ltd., Southern Rock Holdings Ltd. and Somerset affiliates, subject to regulatory approval.
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| | Seven leading insurers have launched a new company dedicated to enhancing cyber risk mitigation efforts across the global insurance industry. AIG, AXIS, Beazley, Chubb, The Hartford, Liberty Mutual Insurance and Travelers are among the founding members of the new company,
CyberAcuView.
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