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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Meet Extend , the San Francisco-based startup allowing merchants to offer product protection plans for their customers. Extend claims that it works with “a network of top rated insurance companies,” which allows the company to “match products with the best protection plans.
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| Pie Insurance, a Washington, DC-based insurtech startup, completed a $45M Series B funding. Backers included SVB Capital, Sirius Group, Greycroft, Moxley Holdings, Aspect Ventures, and Elefund.
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Sign up for Chaingang webinar on 'Blockchain & Insurance: The end, or just the beginning?' on 28th March 2019. Register for free
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Singapore-based digital insurance firm Symbo has obtained its insurance brokerage licence and launched. This allows the firm to bring its digital insurance platform to both retail and corporate customers in Singapore.
LIFE INSURANCE INTERNATIONAL
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Claimbot, an Austin, Texas-based creator of an enterprise-class virtual chat engine specifically built for the insurance and automotive industries, announced that it has raised $615,000 in seed funding. With participation from the Google Assistant Investments.
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Travelers Canada is offering a new suite of services for specialty insurance customers packaged with their insurance policy. Human resources, legal and emotional support assistance will now be offered, at no additional cost.
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Have we missed some news? Please send us the link to our newsdesk and our team will review and publish if it is within our editorial guidelines.
Read more in-depth content from The Digital Insurer
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This month's edition of InsurTech Insights aims to make sense of the data issues faced by the insurance industry and its regulators. Insurers are already using tech-based non-traditional sources of data, such as telematics and wearables to improve their risk ratings on customers. So why not also tap
into the explosion of personalised data on social media?
| | 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 insurancseveral notable regulatory actions and a more cautious VC approach have
signaled that the honeymoon is over.
| | Customers are increasingly demanding products they understand that fit their own specific needs. In order to achieve this, insurers are launching many more products and collaborating with competitors in order to satisfy these demands. This is developing a range of ecosystems.
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We kick off 2019 with our annual InsurTech predictions. This year we have tried to take it to a new level with a more formal and public collaboration with KPMG to identify the top 10 trends in InsurTech. The executive summary is available now. The report is designed to engage, provide a point of view
and hopefully spark reactions and ideas as you think through your strategies in the year ahead.
| | 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.
| | Martha Notaras, a partner at venture capital firm XL Innovate, has drawn up her top 10 innovations she expects to pass in insurtech in the coming year. Insurtech has seen huge levels of investment, but there are two distinct markets developing. Fintechs will seek to widen their horizons and revenue
opportunities through new products.
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