InsurTech Impact 25 Members update – July 2021

July 27, 2021

The latest news, content and job openings from our Impact 25 Members, now featuring 100 companies following the publication of the 2021 report.

Click on the companies featured in this article to be taken to Magellan™, Oxbow Partners insurance technology navigator. Discover in-depth data on company capabilities, clients, and geographies, as well as browse relevant news and insight. Contact the team to find out more.

Company News

Percayso Inform have announced a new client, start-up MGA Meteor Write Ltd. See more

Qover have announced a partnership with cloud-native platform Five Sigma designed to increase the speed and quality of their claims management. See more

Vitesse have selected Alessa by Tier1 Financial Solutions, a leading provider of client relationship management, for its real-time customer and transaction screening and monitoring services. See more

Concirrus have added three top Fintech experts to their advisory panel, including Technical Director at Google Cloud, Antoine Larmanjat and former Chief Digital Officer at UBS and ex-CEO of Credit Benchmark, Elly Hardwick. See more

Praedicat have expanded their litigation tracker to cover PFAS, toxic baby food, and Paraquat. See more

Kin have entered into a business combination agreement with Omnichannel Acquisition Corp. This will allow them to become publicly traded. Read the press release or Bloomberg exclusive

battleface have launched a new Discovery Travel Insurance product, allowing US customers to customise their insurance to their specific travel needs. See more

Cloud Insurance have announced that they have successfully entered the UK, Finnish and South African markets in less than a year. See more

Whitespace have announced that 13 members of the Belgian Marine Market have signed up to use the Whitespace Platform. See more

Bdeo have rebranded as part of their next growth stage. See more

Tractable have helped Sara Assicurazioni become the first Italian insurer to leverage AI for vehicle damage assessments. See more

Yulife have announced a $70m Series B funding round, led by Target Global. See more

ELEMENT have announced a partnership with the Sparkassen-Finanzgruppe cooperate, protecting customers when making online purchases following the launch of the new function of the Sparkassen-Card online. See more

Groundspeed and Unqork have launched a strategic partnership and integrated offering to commercial insurance companies. See more

Snapsheet have promoted Andy Cohen to President and COO. Prior to joining Snapsheet, Cohen served as Vice President of Worldwide Field Operations at CNA Insurance and VP of Strategic Initiatives at Travelers Insurance. See more

Akur8 have announced a new collaboration with AXA Germany, reinforcing its footprint in the German insurance market.

Bikmo have partnered with e-scooter mobility leader Tier to provide insurance for their London trial before a decision on tier legality on made.

Bikmo have continued their partnership with Deliveroo, providing cover for their 50k riders in the UK.

Trustlayer have launched their new Developer APR. See more

Trustlayer have launched their integration with Procore construction management software, enabling Procore users to understand when a vendor has satisfied its insurance requirements. See more

Content

Percayso Inform have launched a campaign aimed at MGAs looking for next generation data enrichment solutions. Read more

Socotra share their latest article, “The data model difference: how Socotra’s superpower helps insurers adapt at the speed of change.” Read more

DQPro’s Head of Sales, Andy Jones, speaks about how nobody in the market wants to spend their time preparing for a data audit and explains why they shouldn’t have to. Read more

Vitesse share what the most promising trends in B2B payments are and who benefitted the most from the pandemic. Read more

Vitesse discuss “The city is open, but is insurance? Striding into the digital future of claim settlements.” Read more

Cybercube speak about The Kaseya ransomware “double-embedded” outbreak and ask, what does it mean for (re)insurers? Read more

Cybercube have shared a report examining key trends in ransomware attacks and points towards future developments. Read more

Praedicat share their paper on “The past, present and future of PFAS litigation in the United States.” Read more

battleface discuss “Where are the world’s most dangerous borders?” Read more

ELEMENT share their latest podcast talking about ELEMENT’s independence, cooperations with Volkswagen AG and Vodafone, product design and time to market. Watch here

Snapsheet’s President and COO, Andy Cohen, spoke at the Claims Innovation USA virtual event. Watch here

KASKO published a new blog post: “The unique embedded insurance market opportunity” where they aggregated and summarised their favourite articles and recent funding announcements in the embedded insurance space. Read more

Job Openings

Qover have a number of job openings. Visit careers page

Concirrus are looking for a Sales Leader. See job here

Concirrus are looking for a Strategic Partner Manager. See job here

Cybercube have a number of job openings. Visit careers page

ELEMENT are looking for a Head of Communications & Marketing. See job here

ELEMENT are looking for a Senior Recruitment & HR Marketing Manager. See job here

Akur8 have a number of job openings. Visit careers page