InsurTech Archives - Page 2 of 4

Aviva expanding investments in FinTech and InsurTech through new collaboration with venture capital firm Anthemis Trend

January 26, 2021 Timo DregerFinTech, InsurTech, VentureCapital0 comment

Aviva aims to transform its customer experience through innovation. To support this goal Aviva, working with Anthemis, has committed to invest new capital in innovative companies that are advancing the digital transformation of the financial services sector. Anthemis will deploy capital on behalf of Aviva through various funds focused on early and growth stage investments1 Read More

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5 Digital Transformation Trends Insurance Leaders Should Watch in 2021

January 26, 2021January 26, 2021 Timo DregerInsurTech

Adapting to new ways of working and thinking is never easy, but the insurance industry is ripe for a revolution, and it is up to industry leaders to understand the trends that will lead the way. By Tal Daskal /(Image credit: Shutterstock.) In a year that tested our adaptability more than ever before, insurance companies Read More

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US online insurance firm EverQuote brings 70 new jobs to Northern Ireland

January 26, 2021January 26, 2021 Timo DregerInsurTech

Staff recruitment is already underway at EverQuote's NI software development centre A US online insurance marketplace is setting up a software development centre here, creating 70 new jobs paying £52K on average. EverQuote, which is based in Massachusetts, has already recruited 12 of the staff for its new operation here. Economic development agency Invest NI Read More

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Budget 2021 should look at strengthening digital insurance

January 26, 2021January 26, 2021 Timo DregerInsurTech

The need for Insurance coverage is critical in these times; the pandemic emphasized the need for financial protection for oneself and the family, said Sekhar Budget 2021 should look at strengthening digital insurance | Photo Credit: BCCL The Union budget 2021 is one of the most crucial budgets, as the government will focus on bringing the Read More

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InsurTech in 2021: Embedding, ‘Digital Indigestion’ Recovery and More

January 26, 2021January 26, 2021 Timo DregerInsurTech

Experts looking at the InsurTech sector for 2021 see both more of the same and new things ahead. Some predict more IPOs, M&A and partnerships. Others expect new InsurTech ideas to fully take root, such as the embedding of insurance into every financial and retail transaction. A related expectation: The idea that property/casualty insurers will Read More

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Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa

January 26, 2021January 26, 2021 Timo DregerInsurTech, VentureCapital

Gbemileke Babatunde Kenyan insurtech startup, Pula has raised $6 million in a Series A funding round to increase profitability for small scale farmers across Africa through its tech-driven insurance products and solutions. Pan-African early-stage venture capital firm, TLcom Capital led the round with participation from nonprofit Women’s World Banking. Pula’s latest funding follows a $1.2 million grant Read More

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Five reasons why you should review your insurance in 2021

January 26, 2021 Timo DregerInsurance, InsurTech0 comment

Navneet Dubey Several factors affect the need for an insurance plan at different stages of life. Here are some significant reasons why one should review their health or life insurance plan in 2021 One of the most striking features of pandemic-struck 2020 is the role that insurance played in our lives. From protecting one's income Read More

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4 InsurTech Themes We’re Excited About In 2021

January 25, 2021January 25, 2021 Timo DregerInsurTech, VentureCapital

Themes from investors, founders, & executives in the InsurTech landscape Written by Rick Zullo and Ali Afridi 2020 was a defining year for the InsurTech ecosystem as a confluence of factors brought startups & tech-forward insurance companies into the spotlight. COVID-19 forced companies across the insurance value chain to accelerate digital transformation efforts to effectively Read More

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Ant Group’s valuation seen dropping to $108 billion on crackdown

January 22, 2021January 25, 2021 Timo DregerFinTech, InsurTech0 comment

Ant Group Co.’s valuation may be cut further under new measures proposed by China to curb market concentration in its online payments market, according to new estimates from Bloomberg Intelligence. Jack Ma’s fintech giant may be worth less than 700 billion yuan ($108 billion) under the draft proposals, which could reduce the value of Ant’s Read More

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UK continues to dominate European fintech investment

January 20, 2021January 20, 2021 Timo DregerFinTech, InsurTech

UK continues to dominate European fintech investment The UK fintech sector has retained its role as the top-ranking investment destination in Europe, with $4.1bn invested across a total of 408 deals in 2020. The figures from Innovate Finance represent a YoY drop of 9%, explained away as a shift driven by the global pandemic. Globally, Read More