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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| | InShare, an InsurTech offering tailored risk management products and services, has completed a seed funding round of $7.5 million, from ManchesterStory, The Hive and Avanta Ventures, to enable expansion into new market segments.
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Swiss Re, which provides reinsurance, insurance, and other forms of insurance-based risk transfer, has partnered with Climeworks to combat climate change by signing the world's first long-term purchase agreement.
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| | Insurtech startup Sayata has raised $17m in Series A funding round to foray into new lines of insurance for small and medium businesses. The round was co-led by Team8 Capital and Vertex Ventures, who were joined by existing investors Elron, Kamet, and OurCrowd.
LIFE INSURANCE INTERNATIONAL
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| | Verti Versicherung AG, Germany’s second-largest direct motor insurer, is set to turn to AI-based software from FRISS, designed with an eye for improving customer service. The FRISS solution is the most widely implemented AI-based solution for fraud detection and risk mitigation for property and casualty
(P&C) insurers.
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| | Insurance technology firm Guidewire Software said it has acquired HazardHub, an insurtech provider of property risk data to the property/casualty insurance industry for underwriting, marketing and claims.
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