Insurology Every

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…

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Will you have to pay more to extend travel cover?

Those who had travelled abroad (be it on holiday or for business meetings) are now stuck where they are since the lockdown started on March 25. One can approach the airlines and hotels for rescheduling stay and travel dates, but what about travel insurance? Can its tenure be extended?

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‘Truckers should get health insurance cover and supported by the government,’ says TVS Supply Chain Solutions MD

The first step is to remove fear in people’s mind. We give the truck drivers and load men protective kits, which reduces their fear of operating the trucks during this time. The second is to shift to digital mode and avoid physical handling of papers. Thirdly, truckers should get health insurance cover and supported by the government.

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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…

funding insurtech, insurance funding, insurtechs, insurtech investment 3 0

Insurtech Funding Roundup, Q1 2020: Investors Reduce Risk As The COVID-19-Induced Downturn Settles In

Insurtechs have brought innovation across the insurance value chain. Incumbents can’t stand still, especially as these nimble, digitally conscious startups disrupt insurance or bring capabilities that drive business efficiency. Incumbents should stay informed on insurtech trends and vigorously monitor the insurtech marketplace to evaluate investment opportunities. To this end, Forrester regularly reviews startup funding through…