AXA

AXA XL | October 31, 2018

Collaboration seems to have taken over from disruption as the new buzzword to describe the relationship between insurtechs and insurance companies. Out of the 140 insurance and insurtech executives from around the world that were polled by Capgemini and Efma in the World Insurtech Report, most respondents indicated that they believe insurtechs are catalysts of change in redefining customer experiences, delivering efficiencies and creating new business models. While the direct-to-consumer insurer...

AXA | November 27, 2018

Following successful ongoing trials in Oxford, the DRIVEN consortium will now be commencing autonomous vehicle testing on London roads. The goal is to run a fleet of autonomous vehicles between the two locations in 2019. Led by autonomous vehicle software provider Oxbotica, the research project has the backing of Innovate UK which awarded an £8.6 million grant....

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 ...

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...