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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Israel-based cyber risk insurtech firm Sayata Labs has launched its operations after securing $6.5m in seed funding round led by early stage venture capital firm Elron.
LIFE INSURANCE INTERNATIONAL
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| Revvo, the San Francisco, CA-based startup that offers a smart sensor for vehicle tires, has raised $4m in a Series A round led by Norwest Venture Partners, with participation from Vulcan Capital and AngelList.
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Sign up for KPMG sponsored webinar on 'AI Powered Insurer' on 30th April 2019. Register for free
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Massachusetts Mutual Life has launched a benefits tool designed to help its clients’ employees assess and organize their finances. Specifically, it will help them balance short-term and long-term financial needs.
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Hannover Re has launched an innovation pool called “hr | equarium,” which aims to connect insurance clients with insurtech partners. Launched at the end of February, hr | equarium provides insurtechs and other innovative players with an open, free-of-charge platform.
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UK-based multinational insurer Aviva has signed a new five-year capacity deal with up and coming UK insurtech Ripe Insurance; a ‘significant step’ in Ripe’s ongoing development.
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Read more in-depth content from The Digital Insurer
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This month’s InsurTech Insights looks at the subject of tax and compliance from different perspectives, but with the same outcome; extracting value from the effort and burden of keeping honest. In KPMG’s article, which is built around the theme of Tax Reimagined and KPMG’s 2018 Tax Officer Outlook
findings.
| | This month we consider the efforts underway to evolve the product development and distribution of life insurance in China, which has long been characterised by commodity product lines and legacy distribution channels, but is now being challenged by InsurTech innovations.
| | Predictions for the key trends in the coming year are thought on the ground at the moment. This one from Analytics India Magazine & AnalytixLabs identifies 10 key trends as to how AI and data will transform the Indian market over the coming year.
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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.
| | Travelers public policy division The Travelers Institute has released a white paper called Insuring Autonomy: How auto insurance can adapt to changing risks, that outlines the framework for autonomous vehicle insurance covering both personal and commercial. The context is on resolving claims and providing
fair compensation to accident victims.
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