Blockchain insurance industry initiative B3i has added Chinese insurer China Pacific Insurance Company (CPIC) as its latest shareholder, with Li Hao joining as a member of the board.
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has entered into a commercial agreement with EMC Insurance Companies.
US-based data and analytics firm Zendrive has raised $37 million in its Series B funding led by AXA XL's insurtech venture capital fund XL Innovate.
Global re/insurer MS Amlin has started trading risks on Whitespace Software Limited, a London-based technology company.
Japanese property and casualty insurance group Tokio Marine Holdings has partnered with Singapore based Plug and Play's insurtech program.
Funding for fintech is rising at a dramatic pace with positive implications for insurtech developments ramping up pressure on legacy firms to compete, research suggests.
Specialty re/insurer Canopius has partnered with artificial intelligence (AI) and deep-learning property analytics start-up Arturo.
Cayman Islands-based reinsurer Greenlight Capital Re's insurtech unit has made a strategic investment in Australian property insurance claims fulfilment platform Handdii.
Brazil's major reinsurer IRB Brasil Re is set to acquire an 8.93 percent stake in the blockchain insurance industry initiative B3i Services for €3.5 million.
Specialist insurer Beazley has appointed three new underwriters from CNA, Chubb and The Hartford to its US cyber & technology team that the company claims has grown by 25 percent in the past two years.