Category: insurance

Amazon adds car insurance to its absurd list of services

Amazon is breaking into the insurance business. In India, the company is now offering auto insurance through Amazon Pay and the private firm Acko General Insurance. The insurance will cover cars and motorbikes, and Prime members will get extra benefi… Source

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Tictrac secures $7.5M to expand employee wellbeing platform as WFH baloons

“Employee Wellbeing” SaaS platforms have been around for some time. Both regulation and increasing stress levels and health problems in the workplace have fed the rise of this sector of tech, and with many corporates painting long-term contracts with providers, it’s a lucrative business. Furthermore, with the COVID-19 pandemic ongoing,…

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Rivian is building an in-house insurance agency

Rivian is hiring an insurance agency data manager, a job posting that suggests the all-electric automaker is planning to offer its own insurance to customers. The job was first posted by RivianForums, which also reached out to TechCrunch with the tip. Roadshow/CNET also reported about this new position. Rivian wouldn’t…

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Igloo raises $8.2M to bring insurance to more people in Southeast Asia

Singapore-based Igloo, formerly known as Axinan, has raised $8.2 million as the insurance-tech startup looks to broaden its foothold in half a dozen Southeast Asian markets and Australia. InVent, a corporate venture capital arm of telecommunications firm Intouch Holdings, led Igloo’s extended Series A round, the startup told TechCrunch. Existing…

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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…

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Insurtech startup Akur8 raises $8.9M from BlackFin and MTech Capital

Far from replacing humans, Artificial Intelligence is actually coming to the aid of a very old profession that has fallen out of fashion to such an extent that people are increasingly not joining it. I speak of the rarified world of the Actuary. Actuaries deal with the measurement and management…

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