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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| | Great Eastern has launched Singapore’s first green life insurance product dubbed, GREAT Green SP, to help achieve a zero-carbon economy. It offers protection against death and total permanent disability without any need for medical underwriting.
LIFE INSURANCE INTERNATIONAL
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Tel Aviv-based startup Lightico, whose next-generation digital completion platform is used in the insurance, automotive, telecom and financial industries, announced an additional $15 million follow-on Series B funding round led by Capital One Ventures, bringing the total round to $27 million.
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| | Cayman Islands based reinsurer, Oxbridge Re Holdings Limited, has launched a special purpose acquisition company (SPAC) called Oxbridge Acquisition Corp., which itself has filed an initial public offering (IPO) of its securities with the U.S. Securities and Exchange Commission.
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| | Global claims services firm Sedgwick recently acquired the assets of Nautilus Investigations, a South Florida-based firm with a specialty in maritime claims, incidents and casualties.
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| | HCI Group Inc. and its digital insurtech company TypTap have expanded and re-organised their catastrophe reinsurance arrangements, with growth meaning a significant amount more in limit across first and second events has been purchased at the renewals.
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