Insurance tech startup Acko General Insurance Ltd has raised $16 million in fresh funding from growth capital provider Ascent Capital, according to the company’s filings with the registrar of companies (RoC), sourced from business intelligence platform Paper.vc. The Mumbai-based insure-tech startup received allotments of “10 equity shares of ₹10 each…
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They emphasize that the client was given the possibility of using platforms and self-managing different services, far from delegating more tasks to them, what was given was power. The fourth edition of InsureTech Connect (ITC 2019) began at the MGM Grand in Las Vegas with about 7,500 participants from 60…
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Much is spoken worldwide, Latin American and national, of the great challenges facing the financial sector in the current times. One of them is to adapt to the digital revolution driven by new business and the requirements of customers in the field. In this line, in Chile, the first investment…
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Maybe you did not know, but Amazon has insurance for some of the products that we can buy on the platform. Complementing its huge product offer, Amazon has a series of insurance policies that are different because of their coverage and, of course, also because of the type of product.…
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The Berlin insurance startup Wefox has just announced a round of financing over 110 million euros. This is the highest amount of funding for a German Insurtech startup. Last year, the total financing for German insurance startups was just 150 million euros, as shown by a survey by Finanzchef24. Compared…
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Just a few months after the acquisition of start-up Relayr by reinsurer Munich Re, Talanx, the third-largest German insurance group, is entering the Berlin start-up Next Big Think. The Hanoverians participate via their industrial insurer HDI Global as a leading investor in current financing round at the start-up forge. The…
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A worldwide phenomenon is the emergence of Fintech Startups. Which have been considered the ultimate bak disruptor by large companies such as JP Morgan. Meaning that they manage to challenge the financial monopoly of banks. However, a phenomenon that is occurring in the United States is the rebirth of small…
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Zenloop As announced, the investment is now official. Nauta Capital and Piton Capital are investing 5.2 million euros in the Berlin-based software startup Zenloop, a software-as-a-service provider. The company was founded in 2016 by the then Flaconi founders Paul Schwarzenholz and Björn Kolbmüller. According to the company, the number of…
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With artificial intelligence for fraud detection attacks the start-up from Paris in the insurance market. Investors are putting millions into expansion – even to Germany. The French-American start-up Shift Technology has collected the equivalent of around 53 million euros from investors. The fresh capital from the Series C round of…
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The investment is the largest for the startup so far. Baloise provided around EUR 46 million in 2017 for the construction. Christoph Samwer, the cousin of Rocket Internet boss Oliver Samwer and former Lendico boss, leads the startup. Friday claims that Friday has attracted more than 45,000 customers. The aim…
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