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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| | San Francisco-based automated insurance verification platform TrustLayer closed a $15.1 million Series A funding round, bringing its total funding to over $21 million. Craft Ventures led the round with participation from returning investors Abstract Ventures, Box Group, Propel Venture Partners, NFP
Ventures, Sure Ventures, and new investor PruVen Capital.
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Amazon.com Inc. has made its maiden investment in India’s wealth management sector, participating in a $40 million round by fintech startup Smallcase Technologies Pvt. Smallcase improves digital access to capital markets by offering weighted portfolios of stocks and exchange traded funds.
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| | Snapsheet, a provider of virtual appraisals and cloud-based claims management software, has announced that Branch Insurance, an insurer offering instantly-bundled home and auto insurance, selected Snapsheet Claims software to deliver its modern claims experience to customers.
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| | VOOM, the leading InsurTech company for new mobility, announced today that it has launched its first per-mile insurance offering for motorcycles in select states*, as permitted by law, in collaboration with member companies of Markel® (Markel), insurance carriers dedicated to providing customized insurance
solutions for a variety of insurance products.
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| | Investor demand for environmental, social and governance (ESG) appropriate investment opportunities and asset classes is expected to become a key driver for the insurance-linked securities (ILS) market going forwards and a new fund launch from giant asset manager BlackRock only serves to reinforce this
belief.
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