InsureTech

YAS Launches On-Demand, Micro-Insurance Platform

Some interesting news from Hong Kong, as YAS launch parametric insurance that kicks in automatically when you’re out hiking, at a theme park, playing golf and more activities. On-demand cover just got slicker. YAS Digital […]

InsureTech

Koala Raises £1.6m Funding, Aims to Expand Travel Insurance Offer

Paris based insurtech Koala announces an investment of €1.6m, led by London based incubator and fund Insurtech Gateway alongside Playfair Capital, Techstars Ventures, and private investors. Koala is reinventing travel insurance. Their data-driven products proactively […]

Flood Insurance

Parametric Flood Insurance Cover for Landlords

Mason Owen Financial Services (MOFS) has teamed up with FloodFlash and Qlaims Insurance to combine the simplicity of parametrics insurance and expert project management of repair work to commercial property clients. FloodFlash installs mobile-connected sensors […]

News

Parametric Pandemic Cover? Is That Even Possible?

Machine Cover, a technology company which creates parametric products for the insurance industry, has announced it is developing what is believed to be the world’s first pandemic insurance product based on parametric triggers. The Boston, […]

InsureTech

Sprout.ai Raises $2.5M in Second Seed Funding Round

InsurTech Sprout.ai (previously BlockClaim), offers Contextual AI, a revolutionary system that enables insurance claims to be settled within just 24 hours. The company has successfully completed its second seed round, raising $2.5 million. Amadeus Capital […]

Insurance & Reinsurance

S&P Global Report Highlights Long Term Flood Risk in the UK by 2040

S&P Global has published a report that looks at the long term flood risk in the UK. Taking into account Met Office predictions on rainfall, the age of UK housing stock, automated claims systems, local […]

InsureTech

Acturis Teams Up With QOMPLX on WonderCover Product

Insurance technology provider Acturis has partnered with QOMPLX:UNDERWRITING to expand the e-trade offering of its award-winning platform with the launch of the parametric multi-peril insurance product WonderCover™. The Wondercover product, focussed on SMEs and backed […]