TDI Daily Newswire - 27th September 2021

Published: Mon, 09/27/21

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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CDK Global buys SaaS insurance platform Salty Dot

CDK Global, a US-based automotive retail technology company, has signed a definitive agreement to acquire insurtech Salty Dot for an undisclosed sum. Salty Dot’s insurance platform leverages artificial intelligence to offer bespoke insurance solutions through its carrier network.

LIFE INSURANCE INTERNATIONAL

APOLLO Insurance Partners With Insurdinary to Offer Digital Insurance

APOLLO Insurance Solutions Ltd. (“APOLLO Insurance”) Canada’s leading online insurance provider, has partnered with Insurdinary to offer immediate digital insurance products. APOLLO Insurance now offers the largest selection of online insurance in Canada.

BUSINESSWIRE

USAA launches telematics app

USAA is announcing its telematics app SafePilot is now available in most states. SafePilot is now live in 34 states, with plans to roll out more broadly throughout the rest of the year.

COVERAGER

Blockchain technology startup New Street raises funding

Blockchain technology enabler New Street Technologies (New Street) has bagged a $4 million funding in a follow-on round. The round saw participation from a group of private investors led by Vittal Kadapakkam in the US, prominent Indian bankers, and existing investors including Unitus Ventures.

BUSINESS STANDARD

Chaucer utilises exposure management platform from Allphins

International specialty re/insurance group Chaucer has elected to use an exposure management platform for specialty risks from Allphins. By using the platform, Chaucer hopes to gain insights into its Energy Reinsurance risk accumulation, allowing for better decision making.

REINSURANCE NEWS

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