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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Clearcover announced today a Series B financing round of $43M led by Cox Enterprises, the media, communications and automotive services company. Additional investors include American Family Ventures, IA Capital Group, Lightbank.
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| Digital insurance agency Policygenius was one of the first insurtechs to gain a foothold, launching in 2014 with the goal to make buying life insurance more palatable for consumers. Since then, the company has grown from its roots in a Brooklyn launching home and auto services as
well.
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Japanese insurance giant Nippon Life Insurance is actively seeking mergers and acquisitions overseas, with a focus on the US and emerging economies in Asia.
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For the tenth consecutive year, Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) ("Sun Life") has been named one of the Global 100 Most Sustainable Corporations in the World (the "Global 100") in a ranking released today by Corporate Knights, a Toronto based media and investment research firm.
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Allianz Global Corporate & Specialty (AGCS), part of German insurance group Allianz, has set up reinsurance operations in India after securing regulatory nod.
LIFE INSURANCE INTERNATIONAL
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Read more in-depth content from The Digital Insurer
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InsurTech Insight looks at the role of the Digital Actuary, with a provocative intro from Hugh Terry, analysis from KPMG on the developing role, and insight from Rick Huckstep, who interviews three digital insurance leaders seeking new actuarial opportunity.
| | This month we take a look back at the major developments of 2018 and select the most progressive InsurTechs that have emerged from China. Although the past year was characterized by continued optimism with regard to digital insurance.
| | To excel in the digital-centric age, insurers must deliver better customer experiences that are simple, efficient, and obstacle-free, says this report from the enterprise software provider, SAP. Insurers must understand how to streamline customer-facing processes.
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This month we are featuring the ‘Connected Enterprise’, a topic that’s really all about customer focus in the extreme. In Tom Robert’s KPMG article, he outlines the steps insurers can take to become Connected Enterprises, while Rick homes in on Trov, Lemonade, and ZhongAn, as tangible examples of Connected
Insurance Enterprises.There are examples of insurers that have already become Connected Enterprises.
| | In the final edition of this three-part series on China's tech giants we consider the digital insurance activities currently underway at Tencent with an in-depth article and slide deck alongside further video analysis from Swiss Re's Yannick Even and the TDI team. Although relatively unknown in the
western world, Tencent is China’s most influential internet company.
| | This report from Oxbow Partners focuses on the Lloyd’s and London markets, which it considers initially viewed insurtech with interest, but little understanding of the potential for change. They may believe their corporate and speciality markets are isolated from the surge of insurtech because they are
specialist, but this would fly in the face of all the evidence.
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