The Ticker

ZYWAVE

Launches new cyber-quoting solution with simplified data collection. The Cyber Quoting platform joins global cyber insurers and U.S. distributors with a simplified data collection process that provides insights into coverage submission and selection.

zywave.com
July 10, 2024
SMARTPAY

This Japanese fintech is partnering with Chubb to develop embedded digital insurance products at the point of checkout for Japanese consumers buying products such as furniture and travel packages.

July 10, 2024
Sensible Weather

Partners with digital insurance platform Roamly to offer weather guarantees to travellers making bookings on RV rental platform Outdoorsy. The Roamly Weather by Sensible product provides reimbursements for inclement weather based on preset parameters for rain or heat.

July 10, 2024
SAFEHUB

Partners with Liberty Mutual Reinsurance (LM Re) to offer bespoke, building-specific, sensor-based parametric earthquake product to clients globally. Liberty Mutual says the product is based on a pilot program using the system in Mexico City.

July 10, 2024
RIPPLING

Raises $200 million in Series F financing for this HR software startup and signs agreements with investors to repurchase as much as $590 million of equity from current and former employees as well as early investors. The financing values the company at $13.5 billion

July 10, 2024
PULA

This Kenya-based agriculture insurance and tech company raises $20 million in a funding round. Launched in 2015, Pula delivers agricultural insurance and digital products to help smallholder farmers manage climate risks and improve farming practices.

July 10, 2024
NEPTUNE FLOOD

Acquires Boston-based data science firm Charles River Data to enhance its AI-driven flood insurance offerings. The acquisition bolsters Neptune Flood’s Triton underwriting system, which uses data analytics and machine learning.

neptuneflood.net
July 10, 2024
KANGURO

This provider of AI-driven pet health insurance plans is moving into renters insurance, beginning with the Texas market, and is pursuing partnerships with agencies and property managers.

July 10, 2024
INNSURE

Opens applications for $5 million innovation prize to support insurance solutions promoting adoption of energy transition technologies. The Insurance Innovation Prize is supported by New York state and administered by InnSure, a nonprofit innovation hub.

innsure.org
July 10, 2024
FRONT STREET RE

Appoints Edison Fong, previously of Converge Re, as CEO of this international insurtech and reinsurance company that focuses on annuity, life, health, and general reinsurance. Front Street is an operating subsidiary of Lexasure Financial Group.

July 10, 2024

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