Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.
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Today’s top selected digital insurance content
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| | TX Group invests as lead investor in a seed financing round in the Zurich-based insurtech company Helvengo, an insurance solution for SME. TX Ventures, the VC of TX Group, is thus further expanding its fintech portfolio. Postfinance Ventures, Seed X, Hypoport, Anamcara Capital, Plug and
Play.
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Hudson Structured Capital Management (HSCM), the reinsurance, insurtech, insurance-linked securities (ILS) and transportation focused investment manager, has provided Series A investment capital and facilitated a $250 million lending commitment for a “buy now, pay later” focused insurtech named Ascend.
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| | TD Insurance, Canada’s largest direct-to-consumer insurer, has announced that it is expanding upon its manual and analytics-based fraud detection and prevention capabilities to include FRISS’s AI-powered fraud risk scoring to better detect suspicious and fraudulent claims during the claims adjudication
process.
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| | CCC Intelligent Solutions is introducing CCC Mobile Appraiser Pro, a mobile app for appraisers designed to accelerate the claims process. The company is also announcing that Nationwide is the first auto insurer to use the solution.
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| | Italian insurance major Generali has signed agreements to acquire a majority stake in both its life and P&C joint ventures in India. The agreement with Future Enterprises will see Generali acquire a 25% stake in Future Generali India Insurance (FGII) for around €145m.
LIFE INSURANCE INTERNATIONAL
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