UK telematics firm Trak Global Group (TGG) has secured growth capital investment of over £40 million from Three Hills Capital Partners to accelerate the development of its data-driven technology solutions for the insurance and shared mobility markets.
Paris-based underwriting agency Meteo Protect has launched ParametricAPI.com its open insurance application programming interface (API) to enable insurers and startups to run their own parametric insurance programs.
Commercial auto insurtech Inshur, which raised $7 million investment led by Munich Re Ventures earlier this year, has secured additional funding from Israel-based technology venture fund Viola FinTech.
Smart home insurance provider Neos Ventures, a London-based insurtech start-up backed by Munich Re and Aviva, has joined global insurance think tank IoT Insurance Observatory, to help drive transformation within the industry.
Insurance sector concerns about silent cyber have declined considerably, according to an annual global survey by Willis Re.
Stockholm-based digital insurance start-up Hedvig has secured 100 million SEK ($10.4 million) in a Series A funding to expand its operations beyond the Nordics.
Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has partnered with Munich Re company ERGO Germany.
London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has partnered with mobility start-up Drover.
Marine insurer Skuld has teamed up with insurtech Concirrus to roll out a bespoke version of the tech firm’s behaviour-based data analytics platform Quest Marine.
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.