Impact 25 Member update – August 2020
August 30, 2020
Our monthly email with news from our 75 InsurTech Impact 25 Members. To download previous reports, click here.
Company NewsConcirrus rewrote digital insurance submissions. See more FloodFlash was nominated for 5 insurance awards. See more FloodFlash partnered with Polygon for a full flood solution. See more CyberCube completed their SOC 2 Type II Certification. See more ComplyAdvantage raised $50 million in their Series C funding round. See more McKenzie Intelligence was awarded a contract by the European Space Agency to deliver a new Global Events Observer system for the insurance industry. See more Phinsys appointed a new Chief Financial Officer and a new Chief Operating Officer. See more) INSHUR partnered with Uber to provide flexible insurance policies for drivers in the Netherlands. See more Insurdata announced that IRB Brasil Re (IRB) has licensed its Insurdata Portal. See more battleface partnered with Holiday Extras to provide COVID-19 travel insurance to cover destinations worldwide. See more ELEMENT announced the extension of their Series A: ELEMENT, extended the series A by €10m, increasing the overall investment (seed + series A) to €50m. See more InvestSure achieved close to a 1,000% increase in sales since the start of March thanks to the increase in retail investing and the increased uncertainty in the share markets. See more InvestSure launched a direct platform for investors to access their product and protect their wealth from the risk of fraud related losses. See more Snapsheet announced a new partnership with Kin to simplify home insurance in disaster-prone areas across the country through the Snapsheet Claims platform. See more Snapsheet announced a newly expanded partnership with Outdoorsy to enable a seamless insurance claims process. See more Snapsheet announced a new partnership with Clearcover that will utilize Snapsheet Claims platform to disburse digital payments to claimants and vendors. See more Praedicat released updates to their Litigation Tracker, which monitors emerging SARS-CoV-2 litigation complaint by complaint. See more Praedicat announced that they have added four new liability catastrophe scenarios to their library. See more |
ContentConcirrus spoke to Heather Delaney, founder of Gallium Ventures as part of their #SheFounders series. Read more Concirrus blog post: 3 reasons to collaborate with an InsurTech and another on their new predicative pricing series. Read more FloodFlash wrote an article on The importance of fast cash in a post-COVID world. Read more CyberCube wrote an an article called Twitter hack exposes business risk to high-profile accounts and another called Mass homeworking creating new opportunities for cyber criminals: Aon and CyberCube report. Kovrr released a white paper on Cyber Black Swans: Gaining visibility into tail events when managing cyber insurance portfolios. Read more McKenzie Intelligence wrote an article exploring how Real-time data can significantly speed up hurricane claims assessment. Read more Artificial wrote an article titled Better together: why human-computer collaboration is the future of underwriting. Read more bsurance produced an article called 4 reasons to charter a yacht in post Covid-19 holiday season. Read more Socotra produced an article on Premium Reporting: How to create usage-based insurance products with ease and a webinar on the same topic. Read more InvestSure joined nsurtech Radio to discuss their world’s first insurance product that protects shareholders from losses caused by management fraud and dishonesty. Read more Snapsheet Founder Brad Weisberg discussed the founding story of his business and President Jamie Yoder discussed the journey of virtual and touchless claims. Praedicat discussed glyphosate, opioids, and talc and the unfolding mass litigations. Read more |
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