Category: Insurtech

0

Hong Kong insurtech startup OneDegree launches its first product, medical coverage for pets

OneDegree, the Hong Kong-based insurance technology startup, launched its first product today, a line of medical plans for pets called Pawfect Care. The company will introduce other products, including cyber insurance and medical coverage for humans, all available completely online, over the next 12 months. Founded in 2016, OneDegree raised $30 million in Series A…

Insurtech Startup Branch to Aid Auto Insurance Clients with Community Giveback Program 0

Insurtech Startup Branch to Aid Auto Insurance Clients with Community Giveback Program

COLUMBUS, Ohio, April 20, 2020 /PRNewswire/ — Columbus-based startup Branch announced they are giving back 15% of monthly insurance premiums to auto policyholders in response to the current health crisis. This compassionate initiative recognizes clients’ reduced driving due to shelter in place orders in effect and works to ease the financial burden many are facing across…

0

Insurtech Getsafe has delayed expansion despite experiencing record sales of policies

This story was delivered to Business Insider Intelligence Fintech Briefing subscribers earlier this morning.To get this story plus others to your inbox each day, hours before they’re published on Business Insider, click here.Stay up-to-date with our latest coverage on the impacts of coronavirus on technology, marketing, and the digital economy here. Getsafe, which allows consumers to…

Five Technology Trends In The Insurance Industry 0

Five Technology Trends In The Insurance Industry

The global insurance market is experiencing a technological shift. Digital-first business models are the product of traditional insurance companies and insurtech companies collaborating more than ever, testing new business models and revenue streams fueled by new technology. Most importantly, emerging technology trends can reduce operational costs by preventing fraud and automating services, thereby freeing up…