TDI Daily Newswire - 05th August 2020

Published: Wed, 08/05/20

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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CoverWallet Launches Digital Insurance Package for VC-Backed Startups

CoverWallet, a digital insurance platform for businesses acquired by Aon in Jan. 2020, has announced a new digital insurance product for venture capital-backed startups. The management liability package is designed for companies from Seed through Series C and adds to the insurance policies already available through CoverStartups, a dedicated platform for high-growth companies.

IIR

Wejo raises £10 million

Connected car data company wejo has raised £10 million in a new round of funding from a mix of new and current investors, with the round being led by DIP Capital LLP and including the UK government’s Future Fund.

COVERAGER

UK fintech firm Wiserfunding forays into India

London-based fintech firm Wiserfunding has forayed into India with the launch of credit risk assessment tool that leverages artificial intelligence, for small and medium enterprises (SMEs).

LIFE INSURANCE INTERNATIONAL

GRP buys seven business books from Aon

Global Risk Partners (GRP) has acquired the renewal rights to seven books of business from Aon in the UK for an undisclosed sum. The deal included a significant Northern Ireland book of business, which is the largest in the portfolio and includes a high-quality mix of motor fleet, SME and corporate policies.

INSURANCE AGE

China’s Hywin eyeing Lion City expansion

Shanghai-headquartered Hywin Financial Holding Group (Hywin) is eyeing further expansion into Singapore through their wealth management unit.

INSURANCE ASIA NEWS

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