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Only 42% of health insurers in Europe have a consumer facing app, despite the rising importance of digitalisation, according to a new whitepaper from Scanbot.
To succeed, the broker of the future must transition into a consultancy role that provides an enhanced service and greater value to customers. This means embracing change through customer-centric, data-first technologies, according to leading broker platform provider Novidea.
Insurance software developer Zywave has acquired Insurance Technologies Corporation (ITC), a provider of marketing, rating and management solutions for the insurance industry.
Insurance software developer Novidea has closes its Series B round on $15m, as it looks to capitalise on its strong growth.
FCA Bank, a ban dedicated to motorists, has teamed up with InsurTech platform Yolo to launch a digital insurance products through a newly-launched dedicated online platform.
Paceline, which offers financial benefits for health living, has scored $5m in its seed round, which was co-led by Montage Ventures and Propel Venture Partners.
Flyreel, an AI-powered residential and commercial property insurance service, has closed its Series A round on $10m.
Omniscience, life insurance automation software, has released a new customer intelligence service to improve underwriting decisions.
HOVER, an end-to-end platform for improvement and property insurance professionals, has closed its Series D on $60m.
Irish InsurTech Blink has released its new service, which will provide liquidity to small and medium-sized businesses in the immediate aftermath of an insured event, such as a hurricane.