TDI Daily Newswire - 20th August 2021

Published: Fri, 08/20/21

Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.

Today's Newswire in full

Today’s top selected digital insurance content

Loop Closes $30M Multi-year Reinsurance Deal on AI-Based Auto Product

Loop, an auto insurance startup MGA with AI-driven processes, has announced its closing of a multi-year reinsurance agreement led by one of the top three largest reinsurers in the world. The deal spans across multiple years and multiple states to support Loop’s expansion plans.

IIR

Hannover Re US incorporates ExamOne data into underwriting platform

Hannover Life Reassurance Company of America (Hannover Re US) has announced a collaboration with ExamOne, a Quest Diagnostics Company, to incorporate ExamOne’s innovative LabPiQture data into hr | ReFlex, Hannover Re’s automated underwriting solution for life insurers.

REINSURANCE NEWS

SimpliSafe partners with Ohio Mutual

SimpliSafe and Ohio Mutual announced a partnership that will make preventative smart home protection against major insurance perils available to homeowners. The partnership marks SimpliSafe’s first risk mitigation initiative with a leading regional mutual insurer and signals the increased emphasis being placed on home protection and prevention.

COVERAGER

MediTrust Health scores $308M

MediTrust Health Technology Co. has raised $308 million in a Series C financing event jointly led by Boyu Capital and Janchor Partners. The investing round was also participated by Lily Asia Ventures, Lake Bleu Capital, Bank of China Group Investment, AIHC Capital, Everbright Limited, New Alliance Capital, CICC, among others.

MOBI HEALTH NEWS

Compliance firm PolicyCo bags $1.5m in seed funding

RegTech firm PolicyCo has raised $1.5m in a seed funding round led by venture capital and management firm Powered Health. PolicyCo has developed a cloud-based compliance management system to help both new and mature companies incorporate structure into their policies.

FINTECH GLOBAL

Today's Newswire in full

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.

View in Browser

Unsubscribe from Daily Newswire email service