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Zurich Insurance Group | June 13, 2018
It looks like Zurich Insurance Group has no plans to play catch-up, tapping Digital Insurance Group (DIG) in a multi-year deal to leverage the insurtech’s advanced technology stack. Announcing the collaboration, DIG said not only will it support Zurich in developing innovative mobile solutions, but that it has also received a major funding boost from the Swiss insurer. Zurich is the latest ‘blue chip’ customer added to DIG’s client list....
CB Insights | June 04, 2018
Insurtech investment deals reached a new high in the 2018 first quarter, with older insurers and reinsurers increasingly committing financing right along with traditional venture capitalists, Willis Towers Watson found. There were 66 insurtech investment deals during the quarter at an investment volume of $724 million. That’s up 155 percent from the 2017 first quarter and 16 percent from Q4’s collective deal value of $624 million, Willis Towers Watson noted in its new quarterly insur...
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...
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