Based in Hong Kong, Coherent helps insurance providers go digital. With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. The Series A round, led by Cathay Innovation…

Laka, a collective-based insurer of cyclists, has today publicly launched its funding round with Seedrs and already smashed the £1million target as people recognise the pandemic's effect on altering people's mobility plans.

Insurer American International Group Inc., which plans to separate its life and retirement business from the rest of the company, said on Friday it was considering options for the business, including an initial public offering or a stake sale of…