TDI Daily Newswire - 04th August 2021

Published: Wed, 08/04/21

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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Connected Insurance partners with Swiss Re on cyber protection

Insurtech firm Connected Insurance (CI) has partnered with Swiss Re to launch an embedded cyber protection that offers personal cyber insurance to individuals and families.The product, called The Digital-Life Insurance, will provide risk prevention tools that help consumers protect themselves and their electronic devices against cyber-attacks.

REINSURANCE NEWS

DeNexus raises seed round

Sausalito-based cybersecurity company DeNexus closed a $4.25 million Seed round. The startup offers an evidence-based data and self-adaptive cyber risk quantification model for industrial environments to generate a more accurate approach for measuring the business impact of cyber risk exposure.

COVERAGER

CCC and Dragoneer Complete Business Combination in $605M Deal

CCC Intelligent Solutions, a provider of a SaaS platform for the property and casualty insurance industry, and Dragoneer Investment Group have announced the completion of the business combination of CCC and Dragoneer Growth Opportunities Corp., a special purpose acquisition company formed by Dragoneer Investment Group.

IIR

Globe Life acquires Beazley Benefits to portfolio of benefits solutions

US-based Globe Life has acquired Beazley Benefits for an undisclosed sum to enhance reach in the worksite market. The acquired firm specialises in bespoke supplemental health solutions for the employee benefits market.

LIFE INSURANCE INTERNATIONAL

PIB’s Barbon adds Rent4sure to portfolio

Barbon Insurance, which is part of PIB Group, has bought lettings software and systems specialist, Rent4sure, for an undisclosed sum. Rent4sure is an all-in-one lettings platform for UK agents providing specialist services and expert support alongside the latest referencing software, designed to help letting agents grow their business with security.

INSURANCE AGE

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