ALL LATEST PRODUCT LAUCNHES

We regularly curate the latest news and insights to create the largest platform for knowledge-sharing and development within the world’s insurance industry.

Acrisure launches cyber services division

Fast-growing insurance and fintech firm Acrisure announced a new cyber services division this week, a move that will allow the company to provide customers with a portfolio of solutions to help address some of the most pressing cyber risks.

Read More »

WTW launches new crisis management unit

WTW has announced the formation of a new crisis management unit with the merger of SCR and its political violence teams. The unit will sit within WTW’s Financial Solutions Global line of business and be headed by Jo Holliday, managing director of SCR.

Read More »

Lemonade’s Year in Review

Lemonade, the insurance firm that’s powered by AI and behavioural economics, notes that the end of the year 2021 is a time for “sitting back, taking stock, and reflecting on the past twelve months.”

Read More »

Toyota wants to sell you auto insurance

So far it’s being sold in Arizona, Illinois, Indiana, Ohio and South Carolina. Along with Texas, it will soon be operating in Georgia, Missouri and Tennessee with more states added monthly, Toyota said Thursday.

Read More »

Matic Insurance Launches New Partnership with HSBC Bank

Matic, a leading digital insurance agency, and HSBC USA announced today a long-term partnership to provide insurance products to HSBC clients. Under the partnership, Matic’s innovative insurance marketplace of over 40 A-rated carriers will be integrated into HSBC Wealth and Personal Banking offerings.

Read More »

Coalition Launches Captive to Accelerate its Growth in Cyber Insurance

Coalition, the world’s largest commercial insurtech provider, today announced it will launch a new captive to begin taking risk on its cyber insurance programs. With this captive, Coalition will enhance its ability to manage capacity and its long-term growth objectives while further aligning incentives with its customers.

Read More »

The (in)convenient truth about insurance claims

The insurance sector is notoriously low touch. There are arguably only four key customer journeys: taking out a policy, renewal, making a claim and cancellation. Customers tend to only hear from their insurer once or twice each year, and these are usually dull, administrative interactions. Then it’s radio silence until it’s time to renew again.

Read More »

Generali launches cyber insurance services

Generali has announced a partnership with Accenture and Vodafone Business to launch a suite of cyber insurance services. The initiative includes cyber risk assessments, phishing simulations and learning programs.

Read More »

New insurtech Getlife launches in Spain

Getlife, the new insurtech that aims to revolutionize life insurance by selling affordable, fair and easy products throughout Europe, has raised € 1 million of financing in a pre-seed investment round and the largest in the insurtech industry in Spain.

Read More »

The CareVoice Launches API-based Infrastructure and Health Ecosystem and Collaborates with Major Insurers

Insurtech The CareVoice,
has today announced numerous firm updates, including launch of its upgraded operating system
as an API-based infrastructure and health ecosystem, new collaboration with several major
insurance companies, a progressive roll-out across multiple countries from Asia, Europe and
Latin America, and additional capital as part of ongoing B financing round.

Read More »

CI partners with Swiss Re to launch its first embedded cyber protection

We live in an increasingly digital world, and new digital platforms such as financial apps, social networks, e-commerce, smart homes, and the new environment of remote working are associated with growing cyber risks. Recent researches clearly show that most consumers are concerned about cyber threats, but only a few know that personal cyber insurance products are available.

Read More »

Hippo Expands Into Industrial Insurance coverage

Home insurance group Hippo has announced that it is expanding into commercial insurance. The company has announced that the first product to launch from Hippo’s commercial lines unit is a tailored homeowners’ association (HOA) product.

Read More »

Biba launches home insurance scheme

BIBA has launched a new scheme with the Reading based insuretech OneClickCover Ltd offering members access to a highly innovative, data-driven online home insurance platform that provides customers a quote in a few seconds, using just the property address.

Read More »

Allstate’s Arity launches Arity IQ

Today, mobility data and analytics company Arity launches Arity IQ, a game changing innovation that enables insurers to offer consumers the most accurate price by leveraging driving behavior data at new business.

Read More »

Chubb and Marsh collaborate on Covid-19 Vaccine Cover

Chubb and Marsh today announced a collaboration with the World Health Organization (WHO) and Gavi, the Vaccine Alliance (Gavi), that has secured insurance coverage for a Program that will offer eligible individuals in 92 lower-income countries and economies a fast, fair and transparent process to receive compensation for rare but serious adverse events associated with vaccines distributed through COVAX up to June 30, 2022.

Read More »
Lloyds

The Latest Launches From Lloyd’s, Amwins and Kin

Lloyd’s launched a parametric earthquake insurance policy in New Zealand. Amwins Specialty Logistics Underwriters is expanding into the Canadian market to serve Canada’s growing logistics industry. Kin Insurance said it is now offering homeowners policies in Louisiana.

Read More »

Hyundai Introduces New Insurance Feature

Hyundai Motor America introduces the Usage Based Insurance (UBI) program and Driving Scoreii to promote safe and efficient driving habits and potentially save owners hundreds of dollars on their auto insurance.

Read More »

AXA Launches AXA SmartHome Plus eVoucher

AXA Hong Kong and Macau today announced the launch of an insurance eVoucher for its award-winning home insurance – AXA SmartHome Plus, leveraging insurtech to innovate home insurance usage and distribution channel as well as helping more people’s homes to get the necessary protection.

Read More »

Guardian and Atidot Partner to Create New Insurance Models and Customer Experiences

The Guardian Life Insurance Company of America® (Guardian Life) today announced it has entered into a joint venture with the AI and predictive analytics innovators at Atidot. The collaboration is focused on creating a platform that deploys artificial intelligence and machine learning to power data driven decision-making that helps make insurance products and services easier for consumers to understand and buy.

Read More »

Chinese Insurtech Firm Expands Reach in Southeast Asia

ZA Tech, the technology venture founded by ZhongAn Online P&C Insurance, announced on Thursday that it will work with PFI Mega Life, an Indonesian joint venture of American insurance giant Prudential Financial, to drive digital transformation of the insurance industry in the Southeast Asian country.

Read More »

Is Tesla Car Insurance Heading To The UK?

The billionaire behind Tesla motors is expanding the reach of his company’s car insurance offering in the United States. With more than 90,000 of his electric cars currently on UK roads, could Elon Musk’s expansion plans also include Britain?

Read More »

KPMG, IntellectEU Launch Blockchain App to Fight Insurance Fraud

One of the biggest types of insurance fraud is double-dipping, where a claimant gets multiple insurers to pay out for the same incident. KPMG estimates that fraud makes up 5%-10% of insurer payouts. It’s a tricky one for insurers because they’re usually unaware that other insurers have also paid out. Until now.

Read More »

Zurich and Onto use AI to gain Unbiased Risk Insight on its Entire EV Fleet

The Insurtech company Greater Than is deepening its collaboration with Zurich through an agreement with Onto, the UK’s largest all-inclusive electric car subscription service. Through the collaboration, Onto and Zurich obtain predictive risk data, facilitating their joint mission to improve road safety and enable dynamic insurance solutions.

Read More »

Tesla to Offer Auto Insurance Program in Texas

Not only is Tesla moving some manufacturing operations to Austin, Texas, its founder, Elon Musk, is said to be relocating there, and the electric car company will soon be offering its own brand of car insurance in the Lone Star State.

Read More »

Liberty General Insurance Rolls Out AI-based Automated Car Inspections

Liberty General Insurance has automated vehicle inspections for car insurance policy renewals and claim assessments using Inspektlabs’ AI based technology. This is expected to transform the car inspection process, which is currently dominated by manual inspections – a people intensive job leading to delays in the claims and policy issuance process.

Read More »
Zurich-Logo

Zurich Launches Global Risk Services Unit

Zurich North America today announced it has launched a new risk services unit in the United States, as part of a global initiative developed by Zurich Insurance Group to provide businesses worldwide with advisory services, solutions and tools to help them prevent and mitigate a wide range of risks.

Read More »

Introducing Lemonade Life

According to the site, coverage is issued by North American Company, a Chicago-based provider of life insurance and annuities that also works with Bestow.

Read More »

Allianz Introduces Virtual Care and New Online Claims Portal

Canadian travel insurance provider Allianz Global Assistance announced the launch of new assistance capabilities – Virtual Care services and a new online Claims Portal – which aim to elevate the end-to-end customer journey. Both services are now embedded within all products offered across Allianz’s national distribution network of broker and travel agency partners.

Read More »

WANT TO SHARE YOUR KNOWLEDGE?

With world’s largest forum for insurance professionals, Insurtech Insights provides an invaluable platform for networking, new insights and exposure for thought leaders.  We are always looking for new partners, content creators, and contributors to create value and deliver exceptional support to Insurtech Insights.

To share your knowledge, simply fill out the form.

Bradley Collins

Bradley Collins