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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| | Insurtech start-up Marrikel has launched its web-based reinsurance placement platform and signed its first broker licensee. The new platform enables brokers to manage the entire reinsurance transaction-flow, integrating multiple concurrent placement strands from marketing through to digital
execution.
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Claim Genius, a world leader in instant vehicle damage assessment solutions using computer vision and artificial intelligence technology, announced the closing of its $5.5 million Series A funding round today, following its earlier $2.3 million seed round in 2018.
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| | CA-based healthtech company Movano has raised $10 million in a bridge round led by Tri-Valley Ventures. With $27 million in total funding since its inception in 2018, the company is developing its first product – a wearable, non-invasive continuous glucose monitor (CGM) powered by Radio Frequency (RF)
technology.
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| | Amazon Pay, the payment arm of e-commerce giant Amazon, has reportedly partnered with Acko General Insurance to launch car and bike insurance.
LIFE INSURANCE INTERNATIONAL
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| | Branch Financial, Inc., a insurance startup providing personal auto, homeowners, rental and umbrella insurance products direct to consumers, has closed a $24 million Series A funding round. The round was co-led by Greycroft (New York and HSCM Bermuda (Hamilton), with participation from returning
investors American Family Ventures.
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