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This publication highlights four major trends from the Willis Towers Watson Q2 InsurTech briefing.
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Participants in The Insurance Insider’s 2019 technology roundtable said there was a danger of the sector over-engineering solutions.
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The InsurTech founded by MIT scientists raised $500mn from heavy-hitter Softbank in December. -
Investment by (re)insurers hits a record high.
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The company will use the grant to launch invoice insurance and a trade credit scoring product in France and Germany.
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The Series D funding round values the MGA at over $1bn, crossing the unicorn threshold.
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The carrier’s Syndicate 3000 will provide the MGA with capacity for disgrace insurance written using new risk assessment technology.
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The new venture streamlines underwriting by scraping data on liquor license violations.
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The formerly named Fractal Industries funding round was led by investment firms Cannae Holdings Inc and Motive Partners.
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InsurTech Gateway Australia will be led by entrepreneur Simon O’Dell and backed by private equity investor Envest.
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Company already has a presence in the Netherlands, US and Chile
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James Birch joins from Hambro Perks, where he led the establishment of the InsurTech incubator in 2017.
