Impact 25 Members update – 25 July 2020

     

Our monthly Impact 25 Members update with news from our 75 InsurTech Impact 25 Members. To download previous reports, click here.

Company News

  • Shepherd have been nominated for the Insurance Choice Awards Technology Partner of the Year for the second year in a row (Link)
  • Concirrus has announced a $6 million investment from CommerzVentures (Link)
  • Atidot will be working with Pacific Life to analyze the impact of product and pricing changes based on prior sales performance and industry data (Link)
  • Atidot’s model for actuaries around PLT has been featured in The Actuary Magazine (Link)
  • Laka has rolled out a health and recovery product and has refreshed its brand (Link)
  • Laka Club launches with £1 third-party liability cover (Link)
  • Battleface now includes Covid-19 cover for medical expenses up to £5 million, available to UK and EU customers (Link)
  • Artificial showcased their RAI tool as the Lloyd’s Lab draws to a close (Link)
  • MS Amlin has chosen Socotra as the core backend system for its new digital SME insurance initiative (Link)
  • Praedicat have been chosen to join Lloyd’s Lab’s fast-tracked COVID-19 cohort (Link)
  • Praedicat have partnered with Hiscox to deliver their CoMeta® and Oortfolio® tools (Link)
  • Praedicat have also launched their new COVID-19 Litigation Tracker (Link)

Content

  • Laka have written a blog post called E-scooter insurance: What’s the deal? (Link)
  • Carpe Data has been engaged by Farmers Insurance to identify new growth in business insurance line (Link)
  • bsurance have written a blog post called ‘Why Embedded Insurance Is Key To Customer Centricity’ (Link)
  • Socotra have written a blog post about their additional payment plans (Link) and another about their new product library (Link)
  • KASKO’s CEO was featured in a Forbes article about the impact lockdown has had on his leadership style (Link) and took part in FinTech Bahrain’s webinar and debunked the myths around digitalisation (Link)
  • Cytora has written a blog post exploring the underwriter view of productivity in insurance (Link)
  • Praedicat have written a blog post called ‘Carrier management: The risk of take-home COVID-19 and the next asbestos’ (Link)
  • Praedicat have released a webinar on ‘Risk management moving forward’ (Link) and another on ‘Coffee with Bob: The pandemic behind the pandemic’ (Link)

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