TDI Daily Newswire - 04th August 2020

Published: Tue, 08/04/20

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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Universal Sompo bets on AI to ramp up motor insurance

Universal Sompo General Insurance has launched Artificial Intelligence (AI) powered virtual agents for its motor claims services in India. Utilising conversational AI, the company’s AI-powered virtual agents will carry out routine conversations traditionally handled by live agents.

LIFE INSURANCE INTERNATIONAL

Lemonaid Health raises $33 million Series B

San Francisco-based healthcare provider Lemonaid Health has raised a $33 million Series B round of funding, bringing its total funding to $55 million. The round was led by Olive Tree Ventures with participation from Artis Ventures.

COVERAGER

B3i announces first live partner application on Fluidity platform

The Blockchain Insurance Industry Initiative (B3i) has partnered with Reinsurance Technical Accounting Blockchain (Ritablock) to launch the first live partner application on its B3i Fluidity platform.

REINSURANCE NEWS

Insurtech Woop launches new service that makes comparing insurance coverage easier

Philadelphia-based insurance technology start-up, Woop Group Inc., announced the launch of its Concierge Quoting Service. Woop’s Concierge Quoting provides the technology solution for customers who want to shop for home and auto insurance online, but don’t want to spend hours going to different insurance companies’ websites.

PR WEB

WhatsApp India to launch pilot schemes in insurance

WhatsApp, the messaging app, is set to launch pilot schemes for insurance in India – the company is waiting on approval from the central bank to launch payment services through the Unified Payments Interface (UPI) channel.

ITIJ

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