Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.
|
Today’s top selected digital insurance content
|
| | bolttech announced the extension of its recently-announced $180 million series A funding round led by Activant Capital Group, bringing the series total to $210 million. This additional capital is provided by two new strategic investors – Singapore-based global investor EDBI and Alma Mundi Insurtech
Fund, Spain.
|
| |
USAA has adopted HOVER, a technology platform that provides desk adjusters with up-to-date photos and property measurements, to help digitize parts of the property claims process for the financial services company. USAA’s adoption of HOVER will provide greater convenience and will help save time with some inspections in the claims process.
|
| | Brit Ltd., the London-based specialty insurer and reinsurer, announced the creation and successful proof-of-concept launch of a proprietary machine-learning algorithm, designed to accelerate the identification of post-catastrophe property damage, based on the use of ultra-high-resolution
imagery.
|
| | Gracie Point Holdings, a leading global provider of life insurance premium finance, announced today it closed a $75 million issuance of preferred equity. Lead investors were affiliated with Hudson Structured Capital Management Ltd., which has been a long-term investor in Gracie Point, and affiliates of
Kuvare Holdings.
|
| | Sompo International, a specialty re/insurer, has signed an agreement to acquire Italian insurance company ARA 1857 (ARA) for an undisclosed sum. Through the acquisition of ARA 1857, which specialises in offering crop insurance. The acquired business will become part of Sompo International’s global
agriculture platform, AgriSompo.
LIFE INSURANCE INTERNATIONAL
|
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.
|
|
|
