Global insurance trends

OCTO Working With Ford on Data Scoring/Behaviour Cover

Worth knowing this if you are developing data driven car insurance products for the future; OCTO Telematics today announced a new agreement with Ford Motor Company. By leveraging Ford’s connected vehicle data, OCTO will extend […]

Global insurance trends

US Market: Woven Planet Buys AI Mapping Specialist

Woven Planet Holdings, Inc., a subsidiary of Toyota Motor Corporation, has announced the acquisition of CARMERA, Inc. a U.S.-based spatial AI company, which specializes in bringing next-generation road intelligence to automated mobility at scale. This […]

Global insurance trends

Greater Than’s AI Insurance is Approved in Arizona

The Insurtech 100 company Greater Than has announced that The Arizona Department of Insurance approves the company’s personalized AI-based pricing embedded into a new dynamic motor insurance offering. Greater Than’s partner in the US, CoverCube, […]

Global insurance trends

Lendbuzz Raises $360m in Series C Funding

Lendbuzz, an AI-based auto finance platform, today announced a $360 million investment, including $60 million in Series C equity financing led by Wellington Management joined by Goldman Sachs & Co and MUFG Innovation Partners, and $300 […]