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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| | Tint, a CA-based platform that empowers companies to protect their end-users through embedded insurance products, raised $25M in Series A funding. The round, which brings the total capital raised to $30M, was led by QED Investors with participation of existing investors Nyca, Deciens, Y
Combinator.
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Dallas-based cybersecurity business Island has officially emerged from stealth with nearly $100 million in funding from early-stage investors including Insight Partners, Sequoia Capital, Cyberstarts, and Stripes.
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| | Sapiens International Corporation, a global provider of software solutions for the insurance industry, has announced its partnership with Charlee, a cloud-based SaaS provider of AI and machine learning solutions for property/casualty insurers. Through the partnership, the Charlie AI engine for insurance will
be integrated with Sapiens’ CoreSuite for P&C.
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| | Casava, the insurance startup heavily influenced by Lemonade, has raised $4 million in a pre-seed round. Berlin-based Target Global led the round, with foreign VCs and angel investors such as Entrée Capital, Oliver Jung, co-founder of Monzo Tom Blomfield.
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| | Mosaic Insurance has teamed up with New York-based hybrid fronting carrier Transverse Insurance Group to offer $20m in cybersecurity capacity in the US. This programme attracts capital from commercial carriers to underwrite specialty risks in regional markets across the world.
LIFE INSURANCE INTERNATIONAL
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