Spain’s CaixaBank has joined forces with the InsurTech platform bsurance to create and test new embedded life insurance offerings. The company announced the partnership on Friday (Oct. 29) in a news release, saying it is part of CaixaBank’s open innovation program, Innsomnia. CaixaBank picked bsurance...
With the rise of eCommerce, frustrating situations like cracked phones, damaged furniture and broken equipment are far too common for consumers, leading them to demand extra coverage to protect their durable goods against mishaps. Product protections and extended warranties, now offered with high-cost goods, promote...
Tesla owners will be able to opt-in to a new program in which the automaker remotely monitors their driving practices and shares the data to determine the driver’s auto insurance premium. In announcing the launch of its telematics insurance product on Wednesday (Oct. 20) during...
Property owners who add smart devices that monitor doors, windows and fire alarms, as well as such potential domestic disasters as water leaks, can now receive discounts on both the devices and their homeowners’ insurance premiums. This comes as a growing number of companies are...
Small businesses that have experienced property loss or damage rely on their insurance companies to give them the funds they need to get back on their feet and stay in operation. Swift resolution of these issues is important to these small companies, and payouts made via...
Amazon will soon roll out insurance policies for small- to medium-sized businesses (SMBs) across the U.K., broker Superscript told Reuters on Monday (Sept. 27). Amazon Business Prime members can buy insurance at a 20% discount to cover cybersecurity, professional indemnity and more from Superscript, which...
Mexican insurance technology startup Super is expanding into hurricane insurance after already offering earthquake coverage, CEO and Founder Sebastian Villarreal said in a Bloomberg report on Friday (Sept. 24), noting that the company could also pursue another fundraising round in 2022. Super uses technology to...
Expanding upon its health insurance for furry, four-legged friends, Lemonade on Tuesday (Sept. 14) announced the debut of its preventative care offerings for puppies and kittens. Under the new addition to Lemonade Pet, the youngest pet members – up to two years old – can...
Vouch announced it has brought in $90 million in new funding and has also become a licensed insurance carrier as well as “the go-to insurance provider for the startup ecosystem,” according to a on Friday (Sept. 10) blog post. “The decision to become an insurance...