insurance

Lemonade wants to rewrite the insurance policy itself

Lemonade has made some big moves in the world of insurance. The company uses AI and bots to sell insurance, and has flipped the business model to ensure that Lemonade is never in conflict with custome

How did Thumbtack win the on-demand services market?

Earlier today, the services marketplace Thumbtack held a small conference for 300 of its best gig economy workers at an event space in San Francisco. For the nearly ten-year-old company the event was

SearchInk rebrands as omni:us, aims its hand-writing reading AI at insurance industry

Back in 2015 a startup called SearchInk, launched out of Berlin with the aim of combining machine learning with handwriting recognition. The upshot would be the ability to semantically label handwritt

eQuoo app launches crowdfunder to improve emotional intelligence

Mental health is one of the biggest issues of recent times, with Kendall Jenner, Emma Stone, Lady Gaga and even The Rock opening up about their mental health issues. Even the Royal family has got in o

Foreign workers can now get health insurance abroad with this new startup

As work in the digital domain becomes increasingly portable, a slew of (mostly young) professionals have taken to the skies and seas to travel the globe while clocking in and collecting their directly

Visualizing the slave insurance industry

Fearful of not getting their money's worth from their slaves, owners would sometimes take out insurance policies on them. In the 1800s, for example, some slave-owners who rented out their slaves wo

Hippo raises $25 million for home insurance

So much money has been poured into insurance startups that it’s spawned its own category, “insurtech.” Investors see an opportunity to reduce inefficiencies and make customer-friend

Bima raises $97M from Allianz for microinsurance aimed at emerging markets

On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance market is announcing a

Waymo teams with Trov on passenger insurance for self-driving service

Waymo is working with insurance startup Trov on protections for riders using its forthcoming self-driving ride hailing service. Trvo will provide Waymo’s passengers with insurance for lost and m

Uber Eats couriers in Europe to be offered free accident and sickness insurance

Uber has announced it's launching a free insurance package for independent couriers delivering food for its Uber Eats business in nine European markets. It says all couriers with an active account

Volvo’s car subscription service sounds like good way to get the new XC40

Volvo has a subscription car service, whereby you can get a new vehicle for a flat monthly fee, including insurance, maintenance and service. It’s not the first carmaker to provide this kind of

Neos launches IoT-powered home insurance UK-wide

What do you get if you combine the Internet of Things with the business of home insurance? U.K. startup Neos is hoping the answer is damage and/or theft prevention rather than just after-the-unfortuna

Zebra releases auto insurability score to reveal how badly you actually drive

Everyone thinks they’re an excellent driver, but it’s just that auto insurance companies don’t treat them with the appropriate respect. Well, The Zebra, the startup car insurance mar

Shift Technology raises another $28 million to prevent fraudulent insurance claims

Shift Technology is raising a Series B round of $28 million from Accel and General Catalyst. Accel had already led the company’s previous round. Existing investors Elaia Partners and Iris Capital ar

Aviva is taking a majority stake in robo investment startup Wealthify

UK-based insurance giant Aviva has announced it's buying a majority stake in robo investment startup, Wealthify.

Chilean startup ComparaOnline raises $14 million for its financial education tools for Latin America

Venture investing in Latin America continues to pick up the pace, with new deals in financial technology services leading the way. One example of investors’ renewed interest in regional financia

SoftBank Group will buy a 5% stake in ZhongAn, China’s first online-only insurance agency

SoftBank Group has agreed to be a cornerstone investor in the initial public offering of ZhongAn, China’s first online-only insurance agency, on the Hong Kong Stock Exchange today. SoftBank Group wi

Betterview just raised $2 million to analyze drone footage for insurers

Betterview, a 2.5-year-old, San Francisco-based company whose software can analyze detailed aerial footage captured by drones to help insurers better understand a property's condition, has raised $2 m

With $4 million in funding, Kin wants to change how homeowners get insured

Insurance is one of those markets where startups see an opportunity to apply new technologies and data to lower costs and improve the consumer experience. And Kin Insurance is one of those startups

Startups want to change what you insure and how you insure it

In an insurer’s ideal world, there’d be a profitable policy for every conceivable risk. Click once, and you’re covered. But in the real world, insurance hasn’t kept up with the changes of rece
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