InsureTech

Insurtech: Voom Secures $5m Funding for On-Demand Insurance Offer

Voom, the world’s first on-demand, telematics-based insurance platform for specialized mobility, today announced that it has emerged from stealth and closed a $5M Series A funding round. The round was led by Arbor Ventures with […]

InsureTech

Insurtech: Hammond Launches FinTech Alliance, Aims to Enable Start-Ups

The Rt Hon Philip Hammond MP, Chancellor of the Exchequer, recently announced the FinTech Alliance, an organisation designed to bring together the UK’s and the global FinTech sector through one online destination. Announced by Her […]

InsureTech

Altus Joins UK Insurtech Alliance, As Companies Look to the Future

Altus Consulting, a leading financial services consultancy, has officially become a partner of Insurtech UK, joining the first wave of associate members and partnership sign-ups of 2019. With the aim of becoming the definitive voice […]

InsureTech

Insurtech Investment Still Pouring In, Says Willis Towers Watson

More than $1.3 billion of InsurTech funding was completed during Q3 2018, double the figure from the previous quarter. While individual investment rounds were larger, the number of transactions reported declined 20% to 57, according […]

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Business

GRP Acquisitions Continue With Thomas Sagar Ins of Burnley Latest Buy

Global Risk Partners is still on the acquisition trail, after snapping up a succession of brokerages last year, and earlier in 2018. Here’s the latest news from them; GRP has acquired Thomas Sagar Insurances Ltd […]

InsureTech

MetLife’s Lumen Lab Launches $100K Innovation Challenge

MetLife, today launched “collab 3.0 EMEA,” a global open innovation platform inviting entrepreneurs and insurtechs to scale their business with MetLife, while solving some of the insurer’s biggest innovation challenges across its business in Europe, […]

Business

Aviva’s Hong Kong Joint Venture Gets Official Approval

Aviva, Hillhouse Capital Group and Tencent Holdings Limited have completed the transaction to develop a digital insurance joint venture in Hong Kong. The process started about a year ago and is part of Aviva’s push […]

Household Insurance

New Start-Up Homelyfe Launches App Based Buildings & Contents Insurance

Homelyfe has launched its buildings and contents online offering, adding to its home buying insurance product, which was launched last year. The Homelyfe venture was started by Peter Goodman and Andy Craven and is an […]