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Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.
New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.
Obie, a real estate insurance platform, has acquired insurance brokerage platform Skylight Insurance, for an undisclosed amount.
LeaseLock, which helps renters access monthly insurance cover, has formed a strategic partnership with QBE North America.
InsurTech Pie Insurance has announced that it has grown its agency channel by 200% since the start of the year, reaching over 1,000 partners.
London-based Urban Jungle has secured £1.6m from both new and existing investors after having been forced to close a previous round early due to Covid-19.
InsurTech BIMA has raised $30m in a new round with the goal of using the money to drive mass adoption of digital health and InsurTech solutions in emerging markets.
SynchronoSure has teamed up with American European Insurance Group (AEIG) to release a new P&C insurance product aimed at the gig economy.
Insurance companies looking to neglect their AI development in favour of business stability could see themselves “perish”, according to dacadoo president and CEO Peter Ohnemus.