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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| | Descartes Underwriting, the insurtech company that specializes in parametric natural catastrophe products, has announced a $120 million Series B funding round. Growth equity firm Highland Europe is leading the capital-raise alongside international investment company Eurazeo.
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DigitalOwl closed a $20 million Series A funding round led by New York-based global private equity and venture capital firm Insight Partners, bringing its total funding to $25 million. It primarily works on health-related insurance products.
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| | Singapore-based insurtech platform bolttech is planning to raise fresh investment between $200m and $300m this year. bolttech is working with financial advisors for the funding round. bolttech leverages technology to connect insurers, distributors, and customers.
LIFE INSURANCE INTERNATIONAL
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| | Otonomo Technologies Ltd., a mobility intelligence provider, has announced its partnership with Audi as a vehicle data platform partner. With access to rich, actionable vehicle data, Audi’s customers and business partners can create consumer offerings that enhance the user experience for Audi vehicle
owners.
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| | RLI Corporation, a traditional specialty insurance and reinsurance company, has expanded its property underwriting in recent quarters, as it seeks to grow into this firming marketplace, driving a need for more catastrophe reinsurance.
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