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All Big Insurers Are Uniting Behind R3’s Blockchain Tech

All Big Insurers Are Uniting Behind R3’s Blockchain Tech R3 has scored another win in the insurance sector, giving the startup a wide lead over other distributed ledger technology (DLT) providers in the sector. Revealed exclusively to CoinDesk, the RiskBlock Alliance, whose members include such insurance heavyweights as Chubb, Marsh and …

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Planck Re scores $12M Series A to simplify insurance underwriting with artificial intelligence – TechCrunch

Planck Re scores $12M Series A to simplify insurance underwriting with artificial intelligence – TechCrunch Planck Re, a startup that wants to simplify insurance underwriting with artificial intelligence, announced today that it has raised a $12 million Series A. The funding was led by Arbor Ventures, with participation from Viola …

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Trov launches its on-demand personal property insurance services in the U.S. – TechCrunch

Trov launches its on-demand personal property insurance services in the U.S. – TechCrunch Trov, the on-demand personal property insurance service, is launching in the U.S., the company announced today. Trov’s first port of call in the U.S. will be Arizona. The service is already available to customers in the UK …

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Reinsurance Giants Tap Blockchain for Data Transparency Boost

Reinsurance Giants Tap Blockchain for Data Transparency Boost A group of reinsurance giants have said they will jointly develop a blockchain system in an effort to boost transparency in the industry. Comprising the group are General Reinsurance Corporation and Hannover Re, the report said. Also involved in the project is China …

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FirstVet swipes $6M to expand its pet advice telehealth service – TechCrunch

FirstVet swipes $6M to expand its pet advice telehealth service – TechCrunch Pet services can be serious startup business. Witness the likes of dog walking startups Rover and Wag, for example. At the same time digital health is a major area of interest for entrepreneurs, thanks to reliable demand meeting tech’s …

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Insurance Group B3i Endorses R3’s Corda Blockchain Platform

Insurance Group B3i Endorses R3’s Corda Blockchain Platform The world’s largest blockchain insurance consortium will use R3’s Corda platform to build its upcoming products, the company announced Monday. The Blockchain Insurance Industry Initiative (B3i), the independent company founded by Allianz, Aegon and Swiss Re, and supported by AIG and AIA, …

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Celebrity funds from Jay Z, Will Smith and Robert Downey Jr. are backing a life insurance startup – TechCrunch

Celebrity funds from Jay Z, Will Smith and Robert Downey Jr. are backing a life insurance startup – TechCrunch Ethos, the company that bills itself as making life insurance accessible, affordable and simple, has officially come out of stealth with an $11.5 million investment led by on of the world’s …

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Coya raises $30 million to launch its insurance service in Europe – TechCrunch

Coya raises $30 million to launch its insurance service in Europe – TechCrunch Coya, a Berlin-based insurance startup, has raised $30 million in new cash as investors around the world continue to see opportunities in modernizing the insurance industry. Founded by two early employees at the European credit and risk …

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