InsurTech

Lemonade Expects Generative AI to Improve Business Processes and Profits

Lemonade Expects Generative AI to Improve Business Processes and Profits
Lemonade Expects Generative AI to Improve Business Processes and Profits
May 03, 2023  |  Artificial Intelligence

Insurance company Lemonade expects generative AI to automate and improve 100 of its business processes. Lemonade — which says artificial intelligence (AI) is the foundation...

READ MORE >
InsurTech Cover Genius Buys Clyde to Move Into Midsized eCommerce
InsurTech Cover Genius Buys Clyde to Move Into Midsized eCommerce
March 15, 2023  |  Insurance

Cover Genius has purchased the warranty provider Clyde to deepen into midsized eCommerce market share. The InsurTech announced the acquisition Wednesday (March 15), saying it...

READ MORE >
Sure Launches Embedded Insurance Tech and Return Shipping Protection
Sure Launches Embedded Insurance Tech and Return Shipping Protection
March 10, 2023  |  Retail

Sure has launched an embedded return shipping protection solution for eCommerce merchants. The new Retrace Return Shipping Protection is enabled by two new offerings: the...

READ MORE >
OpenEyes Raises $18M for Commercial Auto Insurance Solution
OpenEyes Raises $18M for Commercial Auto Insurance Solution
February 15, 2023  |  Insurance

InsurTech OpenEyes has emerged from stealth with an $18 million Series A round. This brings to $23 million the amount the firm has raised for...

READ MORE >
InsurTech Naked Looks to New Markets After $17M Series B
InsurTech Naked Looks to New Markets After $17M Series B
February 15, 2023  |  Insurance

South Africa’s Naked has raised $17 million to tap into the world’s growing InsurTech market. The Series B funding, reported Wednesday by TechPoint, will help...

READ MORE >
Bunq and Companjon Team to Offer Users Embedded Insurance
Bunq and Companjon Team to Offer Users Embedded Insurance
February 07, 2023  |  Partnerships

Neobank Bunq has tapped Irish InsurTech startup Companjon to provide its users with embedded insurance. Through the partnership, Bunq Easy Green customers will automatically be...

READ MORE >
Coverdash Launches Embedded Business Insurance Solutions 
Coverdash Launches Embedded Business Insurance Solutions 
January 23, 2023  |  Insurance

Coverdash has announced the launch of its insurance solutions and the closing of an oversubscribed seed round. The business-focused InsurTech said in a Monday (Jan....

READ MORE >
InsurTech Duck Creek Sold to Vista Equity for $2.6B
InsurTech Duck Creek Sold to Vista Equity for $2.6B
January 09, 2023  |  Partnerships

Investment firm Vista Equity Partners is buying InsurTech Duck Creek Technologies for $2.6 billion. The companies announced the all-cash deal, which takes Duck Creek private,...

READ MORE >