Finance

Cambridge Mobile Telematics will use the money to accelerate its DriveWell platform used by insurers and others to measure driving risk.

Despite a drop in total deals, funding volume nearly doubled Q1 and Q2 combined.

Agreement with SixThirty will give insurer access and mentorship opportunities for portfolio companies.

Carrier-side venture partner Martha Notaras shares her ideas on what's in store for the insurtech sector next year.

The insurers have partnered with gener8tor to launch the new OnRamp Insurance Accelerator.

Company executives invited entrepreneurs to learn about business problems and come up with ideas for solving them at Milwaukee startup festival.

Venture-capital investment in the insurtech market remains on a solid pace, with more mature companies emerging as leaders.

Companies transforming the sector provide stable returns and a transformative future based on data.

Food and animals provide fertile ground for founders, but are those the best choices for new companies?

Investment focus areas will include analytics, digital health, as well as care delivery and management.

The news comes as Amazon has made overtures into the British insurance market.

Other Alphabet units including life-sciences arm Verily had previously invested in the digital health insurer,

A new part of the company’s global underwriting and analytics office, AXIS Digital Ventures will look to build partnerships to improve distribution.

Many carriers apply data analytics and artificial intelligence to stay on top of workforce requirements.

Startup companies targeting the insurance sector are seeing more investment, but not to the level of the biggest deals in other financial sectors.

The startup companies will go to a final round at the organization's annual conference in New Orleans.

REIN’s DroneInsurance.com supports pilots on both year-round and project bases.

Existing backers Index Ventures and New Enterprise Associates also participated in the funding.

A 13-week program connects MetLife leaders and Techstars mentors with new companies to help refine products.

Once viewed as disruptive competitors and threats to established insurance companies, insurtech startups are increasingly seen as supporting players that can help incumbent insurers enter new markets and offer new services.