Insurtech

Featuring news from Trov, Corvus, Convr and more.

There were more than 40 rounds of more than $10 million in the quarter.

Meet Marble, leaving its closed beta; and check in with HDVI, expanding to four states; in these dispatches from the insurtech grind.

Insurtech maturity and the pandemic are driving investment.

The new product pays out a cash benefit for expenses within five days following a quake.

Some early insurtech investors formulating an exit strategy may trigger one or more IPO or acquisitions by insurance carriers.

Small businesses on the Amazon platform can buy from Next's portfolio.

Also: Azugo, Next Insurance, Carpe Data, Unqork

Digital capabilities are changing the cycle for coverage acquisition.

The deal values the combined entity, which includes the home-insurance insurtech, at $5 billion.

Since 2018, 89% of private investment in insurtech has gone into selling more insurance or making more insurance to sell.

The cohort will take part in a five-week virtual curriculum.

The product takes into account the most common risks in a modern young adult’s life: driving a rented, borrowed, or shared car, living in an apartment, and freelancing as a side gig.

MassMutual-owned Haven taps startup to bolster distribution.

Also: Lemonade adds life insurance with Bestow

Our survey of 121 leaders at insurers, insurtechs, and other parties finds an industry excited to apply the accelerated consumer digitalization due to social-distancing mandates and other mitigation efforts to the insurance industry.

Insurance company will more than triple its commitment to insurtech startup investment.

Commercial insurance distribution platform is co-founded by At-Bay veterans.

Also: IoT intruder alarm tech from Church Mutual.

Pandemic-challenged year sees the number of deals increase at a higher rate than the value of those deals, though both still rose.