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By Miles raises £15m in Series B funding round

by: Startacus Admin ~ 22nd May 2020
Major investment for innovative InsurTech company, By Miles Good news for By Miles, the UK’s first real-time pay-by-mile car insurance provider, that has successfully raised £15m in a Series B funding round led by CommerzVentures. Existing By Miles investors Octopus Ventures, Insurtech Gateway and JamJar investments also continued their support committing further investment.The insu...
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Tips for Insuring Your Company Against Disasters Like COVID-19

by: Startacus Admin ~ 11th May 2020
When establishing your company, you and your insurance broker likely went over the types of coverage that were appropriate for your industry. Having flood insurance is smart and even required for individual businesses located in the Mississippi River area. For California company owners, fire insurance coverage is critical due to wildfires that frequently break out there. In the current internation...
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Innovative InsurTech businesses take note - Lloyd’s Lab wants to hear from you

by: Startacus Admin ~ 13th January 2020
InsurTech businesses take note! Lloyd’s Lab is back and they are seeking solutions that have the potential to create real commercial value for the Lloyd’s market.  Based in the heart of the world’s specialist insurance market, Lloyd’s Lab offers an environment where new ideas, concepts and products can be tested with the support and active involvement of the world&rsq...
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How yulife are using life insurance to increase employee wellbeing

by: Startacus Admin ~ 19th October 2019
We take a look at yulife, a new InsurTech startup shaking up the life insurance sector and how life insurance coverage is provided to UK companies, with customers earning rewards for healthy activities. Life insurance that inspires life! One way it's doing that is changing the perception of the life insurance industry. The company strongly believes that life insurance doesn't need to be so ...
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Lloyd's Lab announces third round of applications

by: Startacus Admin ~ 3rd June 2019
From data sharing, new insight sources, pricing, risk quantification, product development, next generation claims, through to reducing the burden of compliance and regulation, insurance industry focused tech startups are currently being sought after to join Lloyd's Lab cohort 3. Lloyd’s Lab is the fast-track experimental environment where new concepts, ideas and products can be tested with ...
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Startup of the Week - Anorak

by: Startacus Admin ~ 1st May 2019
Anorak - The lowdown on the InsurTech startup which is on a mission to disrupt the life insurance sector... Whilst we all generally insure our homes and cars without fail, when it comes to insuring ourselves, some of us tend to be a little more lax. Life insurance is often something that we just put off. Of course if and when we eventually get round to it, it can be a real challenge figuring...
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Startup of the Week - Nimbla

by: Startacus Admin ~ 17th April 2019
Startup or SME? InsurTech startup Nimbla has been created just for you and is on a mission to provide smart cover for small business As any business owner will vouch for, the issue of credit control is a major challenge. Chasing payments is not only time-consuming but it’s also often unsuccessful. Whilst this is an issue for all businesses, it is even more of an issue for small businesses s...
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Startup of the Week - Homelyfe

by: Startacus Admin ~ 21st March 2019
Homelyfe - The lowdown on the InsurTech startup that puts customers first and is “using technology to make insurance simple." As we all know, dealing with insurance companies can be both frustrating and time consuming. Whether it’s buying a policy initially or when it comes to processing a claim. Recognising this as an issue, our latest startup of the week are on a mission to help.Hom...
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HealthyHealth wants a preventative not reactive healthcare system

by: Startacus Admin ~ 2nd March 2019
HealthyHealth are on a mission is to build a preventative rather than reactive healthcare system for customers, encouraging healthy behaviour through an algorithm and research data predicting one's risk for medical conditions based on their lifestyle data. Health and insurance are intrinsically linked. TrackActive which uses a chatbot and artificial intelligence to diagnose musculoskeletal probl...
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AI-powered application launches to help millions in pain

by: Startacus Admin ~ 27th February 2019
TrackActive, a London-based healthcare & InsurTech company, launches its AI-powered 'physio in your pocket' app that aims to change the way people seek help for pain in their joints, necks and backs. Of all health conditions in the UK, musculoskeletal conditions are the leading cause of people living for years with disability. It also has strong links to mental health – people in persis...
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