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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| | eBaoTech Corporation, a world-leading digital insurance solution provider is honored to share that its customer, Malaysia-based VSure.life (VSure) became the country's first on-demand lifestyle digital insurer approved by Malaysia's Financial Industry Regulator. eBaoTech is very proud to support VSure's
business launch as a technology partner with its PaaS solution, InsureMO.
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Swiss Re has teamed up with community-based travel platform BlaBlaCar and specialist motor insurer L’olivier Assurance to launch a new digital solution in France. Called BlaBlaCar Coach, the digital solution is an app that coaches drivers. BlaBlaCar Coach is powered by Swiss Re’s technology for driver coaching and assessment, Coloride.
LIFE INSURANCE INTERNATIONAL
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| | Envelop Risk, the UK-based cyber re/insurance managing general agent, announced a Series B investment of $130 million, led by SoftBank Vision Fund 2. The financing will facilitate Envelop Risk’s plans to expand its proprietary machine-learning and data-driven underwriting activity.
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| | Sproutt, a New York-based life insurance distribution startup focusing on the wellness of the applicant and policyholder, has announced a $26m Series B round led by MoreTech Ventures with investment from Harel Group, The Raptor Group, and Falcon Edge Capital, alongside existing investors.
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| | Software company Porch Group has announced the acquisitions of CSE Insurance and American Home Protect (AHP), as it looks to accelerate its insurtech ambitions and enter the home warranty market. CSE is a California-based personal lines insurer focused on property and auto.
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