InsurTech Weekly Roundup – March 8, 2019


    While you were off changing the industry, you may have missed these important developments:

    • Aon Partners and InsurTech software firm, Skytek. partner up to provide real-time monitoring of insurers’ marine risks. [Insurance Journal]
    • In an effort to change Brazilian’s views on mobile phone insurance, Pitzi is providing better experiences for consumers while creating conditions for large insurers to develop that market. [Forbes]
    • Jetty, an InsurTech startup offering insurance to renters, raised $40.5 million over three rounds from investors like Peter Thiel’s Valar Ventures and Ribbit Capital. [Business Insider]
    • AXA XL partners up with InsurTech firm Assurely to offer new products aimed to protect issuers and investors, including in connection with use of crowdfunding portals. [Reinsurance News]
    • Pie Insurance, which offers workers’ compensation insurance directly to small businesses, announced it has secured $45 million through its Series B funding round. [PE HUB]
    • Bessemer Venture Partners leads a $60 million investment in Shift Technology, a company that uses artificial intelligence to help insurance companies detect fraud. [Boston Business Journal]
    • Insurance industry sees growing trend in managing general agents partnering with technology companies. [Intelligent Insurer]

    The post InsurTech Weekly Roundup – March 8, 2019 appeared first on Insurance & Reinsurance.

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