Impact 25 Members update – May 2021
May 24, 2021
The latest news, content and job openings from our Impact 25 Members, now featuring 100 companies following the publication of the 2021 report last month.
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
Cover Genius has partnered with Icelandair to offer “Covid plus” medical cover. Read more
OptioPay, the open banking solutions provider, has increased their Series B funding to €11 million. Read more
Demex has launched the Climate Resilience Centre, a free public platform to analyse climate trends and variability in over 60,000 global cities. Read more
Getsafe has partnered with CompareTheMarket. Read more
Socotra has appointed Randi Simmons as Head of Strategic Partnerships. She will be responsible for leading our global partner ecosystem and cultivating relationships with system integrators and third-party technology providers. Read more
ELEMENT is hosting their third ELEMENT Talk on 25th May on the topic Embedded Insurance – The next best thing? Register here
Bikmo has launched a new advert following their rebrand: “Life happens. Discover cycle insurance you can trust.” Watch here
ComplyAdvantage has extended their Series C funding round to $70 Million with a new investment from Goldman Sachs. Read more
Snapsheet has partnered with Scor to provide access to an end-to-end claims management platform, digital payments platform, motor virtual appraisal offering, and set of third-party integrations. Read more
Snapsheet has partnered with Fundamental Underwriters. Read more
Snapsheet has partnered with Bamboo Insurance, a disaster focused home owners start-up. Read more
Planck has announced the closing of an additional funding round, raising $48M in total, to help commercial insurers increase premiums while reducing loss & expense ratios. Read more
Bdeo has launched a new product that claims to transform property insurance operations, simplify claims management processes and improve the digital experience of its customers. They are also deploying a new claim, brand identity and website. See more
Qover has raised $25m in their Series B funding round which will be used to accelerate the company’s development in Europe and worldwide. Read more
Qover has announced they have covered 1 million people to date: “from covering 100,000 people to 1,000,000 in just a year”. Read more
Finabro has partnered with Wiener Städtische. Read more
Vitesse PSP has partnered with Brit Insurance and Visa to improve the claims experience, enabling customers to receive claims payments securely to their bank card. Read more
Shift Technology has announced that they have completed a $220 million fundraiser, bringing them to Unicorn status. Read more
Kin has raised $63.9M in a Series C funding round for data-driven home insurance. Read more
Wrisk has raised £4.6m in a Series A funding round to transform the B2B2C insurance market. Read more
ClauseMatch has partnered with Diginex, a digital asset financial services and advisory company focused on delivering blockchain solutions that aim to make digital assets more accessible, to provide robust policy management to the digital asset industry. Read more
InvestSure has announced that South African investors can now insure US shares held on any platform with InvestSure. Read more
Content
Socotra has shared their latest case study: See how a top-3 insurance company launched a new platform with us in six months. Read more
ELEMENT’s new COO Eric Shuh was interviewed about what kind of impact he will have on ELEMENT. Read more
Cybercube has shared their report on Building Blocks of Catastrophe Scenario: Understanding supply chain cyber risk and single point of failure. Download here
Cybercube has also shared their commentary on the Colonial Pipeline attack: Cyber catastrophe meets enterprise ransomware. Read more
Artificial has explored how new technology can make bordereaux processing faster and more efficient for carriers and their clients in their latest article. Read more
Percayso’s MD Richard Tomlinson has been featured in an article by the Insurance Post regarding UK InsurTechs expanding overseas. Read more
KASKO has published four new episodes of their Reinventing Finance Podcast – including one featuring Steven Mendel, CEO and Co-Founder at Bought By Many. Watch the podcast here or listen here
Job Openings
Akur8 has a number of job roles available. Visit careers page
FloodFlash is looking to hire an Underwriting Analyst. See vacancy
OptioPay has various new positions for engineers. Visit careers page
Laka are looking for a Claims Recovery Handler. See vacancy
Laka has an opening for Head of People. See vacancy
Cybercube are looking for an Events Associate. See vacancy
Cybercube are looking for an Instructional Designer/Learning and Development Specialist. Visit careers page
ComplyAdvantage has a number of open roles. Visit careers page
Snapsheet are looking for an Appraisal Sales Executive. Visit careers page
Snapsheet has an opening for Sales Leader. Visit careers page
Bdeo are looking for multiple Strategic Account Directors in LatAm, France & Germany. Visit careers page
Bdeo are looking for a CFO. See job opening
Qover has a number of job roles available. Visit careers page
Clausematch has a number of open roles. Visit careers page
Kasko has a number of job roles available. Visit careers page