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BALANCE RE RAISES $10M SERIES A INVESTMENT LED BY ANTHEMIS GROUP

Balance RE | September 01, 2021

news image

Balance Re, the life reinsurance start-up specialised in quantitative asset-liability management, today announced it has raised $10m in Series A funding from leading financial services investor Anthemis Group, with participation from Global Brain and the company's existing investors, Roland Berger Industries GmbH and Talabot Finance. Balance Re offers comprehensive reinsurance solutions to life insurance companies and pension funds to support capital management related to thei...

Read More

ANTHEM FACES LEGAL CHALLENGES OVER ER, MEDICAL IMAGING POLICIES

Anthem, Inc | June 08, 2018

news image

In 2017, insurance company Anthem, Inc. began implementing new medical coverage policies that affect emergency services and medical imaging. As to the former, Anthem’s new policy allows it to reduce coverage for emergency services provided if Anthem later determines that the situation giving rise to the services was not, after all, an emergency. As to the latter, Anthem is denying certain claims for medical imaging performed at hospitals rather than at clinics....

Read More

TRAVEL INSURANCE START-UP COMPLETES FUNDING ROUND

Insurance Business Magazine | January 16, 2020

news image

Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...

Read More

AON'S INNOVATION CHIEF "EXCITED" FOR FUTURE WITH COVERWALLET

Aon | January 15, 2020

news image

Global insurance brokerage and professional services firm Aon has officially completed its acquisition of CoverWallet, a US-domiciled digital insurance platform for small and medium-sized enterprises (SMEs). Now finalized, the deal enables Aon to expand its position in the fast-growing commercial insurance market for SMEs. The brokerage giant will also be able to leverage CoverWallet’s technology and data & analytics capabilities to develop and scale innovative digital client experienc...

Read More
news image

Insurance Technology

BALANCE RE RAISES $10M SERIES A INVESTMENT LED BY ANTHEMIS GROUP

Balance RE | September 01, 2021

Balance Re, the life reinsurance start-up specialised in quantitative asset-liability management, today announced it has raised $10m in Series A funding from leading financial services investor Anthemis Group, with participation from Global Brain and the company's existing investors, Roland Berger Industries GmbH and Talabot Finance. Balance Re offers comprehensive reinsurance solutions to life insurance companies and pension funds to support capital management related to thei...

Read More
news image

ANTHEM FACES LEGAL CHALLENGES OVER ER, MEDICAL IMAGING POLICIES

Anthem, Inc | June 08, 2018

In 2017, insurance company Anthem, Inc. began implementing new medical coverage policies that affect emergency services and medical imaging. As to the former, Anthem’s new policy allows it to reduce coverage for emergency services provided if Anthem later determines that the situation giving rise to the services was not, after all, an emergency. As to the latter, Anthem is denying certain claims for medical imaging performed at hospitals rather than at clinics....

Read More
news image

TRAVEL INSURANCE START-UP COMPLETES FUNDING ROUND

Insurance Business Magazine | January 16, 2020

Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...

Read More
news image

AON'S INNOVATION CHIEF "EXCITED" FOR FUTURE WITH COVERWALLET

Aon | January 15, 2020

Global insurance brokerage and professional services firm Aon has officially completed its acquisition of CoverWallet, a US-domiciled digital insurance platform for small and medium-sized enterprises (SMEs). Now finalized, the deal enables Aon to expand its position in the fast-growing commercial insurance market for SMEs. The brokerage giant will also be able to leverage CoverWallet’s technology and data & analytics capabilities to develop and scale innovative digital client experienc...

Read More