Lloyd’s selects REG to reduce administrative burden of coverholder compliance
REG, an online due diligence and regulatory compliance platform, has been selected by insurance giant Lloyd’s to assist in recording data and to help reduce the administrative burden on UK coverholders.
FRISS amasses €15m for insurance fraud, risk and compliance
FRISS, a provider of analytics software for fraud, risk and compliance to P&C insurers, has closed a €15m Series A funding round.
Social InsurTech startup Tribe gets BearingPoint backing
Oslo-based InsurTech startup Tribe has landed a new investment from BearingPoint as a part of the European consultancy’s venture efforts.
Singapore Life takes $50m in largest Asian InsurTech round
Singapore Life has raised $50m in the largest Asian InsurTech funding round to date. The Series A investment comes from Impact Capital, a subsidiary of Credit China FinTech Holdings, as well as UK-based investor IPGL.
Disability-focused InsurTech startup Getsurance nabs €2m
German InsurTech startup Getsurance has picked up €2m in a Seed round of funding. The investment comes from Rocket Internet founder Alexander Samwer’s Picus Capital, Postfinance Bank and IBB.
Allianz backs InsurTech darling Lemonade
InurTech startup Lemonade has secured funding from global insurance giant Allianz. The terms of the deal are undisclosed.
Better grabs $1.1m to prevent health insurance data errors
Health insurance startup Better has raised $1.1m in a seed funding round. Initialized Capital led the investment with Designer Fund and angel investors also participating.
Micro-insurer BIMA lands $16.8m to grow in Asia
Asian telecom giant Axiata group is pumping $16.8m into microinsurance startup BIMA. The Swedish InsurTech startup already works alongside the firm in several markets.
Qover secures €5.5m for InsurTech APIs
Belgian InsurTech startup Qover has picked up €5.5m in a Series A round led by Anthemis Group. The round also saw participation from existing backers Belcube and Callatäy & Wouters Ventures.
Jetty scoops up $4m for urban InsurTech
New York-based InsurTech startup Jetty has picked up $4m in Seed funding to serve city-dwelling consumers.
