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Laka - collective insurance for cyclists

by: Startacus Admin ~ 5th July 2020
The insurance that's powered by the cycling community...  No one can surely be a big fan of insurance companies? They are generally thought of the world over as the soulless entities you must pledge money to in return for the vague idea that if anything should happen, you might possibly be somewhat protected from having to pay even more for repairs... But insurance does work, and ...
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Koala, the travel insurance startup closes €1.6m seed round

by: Startacus Admin ~ 30th June 2020
€1.6m raised by innovative insurtech startup Koala to help with growth plans, team expansion and new product development Great news for Koala, the Paris-based insurtech startup with the announcement of an investment of €1.6m, led by London based incubator and fund Insurtech Gateway alongside Playfair Capital, Techstars Ventures, and private investors.Koala is on a mission to reinvent tr...
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NI InsurTech Bluesona forms strategic partnership with Bosch

by: Startacus Admin ~ 11th June 2020
Bluesona and Bosch form strategic partnership to tackle the problem of distracted driving caused by mobile device usage Great news today for Northern Ireland based InsurTech company Bluesona which has just announced a new strategic partnership with German firm Bosch Connected Devices and Solutions (BCDS). BCDS is a fully owned subsidiary of Robert Bosch GmbH and is a globally leading sensor-dev...
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Data Tech Startups sought for latest Lloyd’s Lab

by: Startacus Admin ~ 8th June 2020
Data Tech startups, take note! Lloyd’s are keen to hear from startups who can find and tap into alternative data sets to paint a more accurate picture of risk and help the insurance market underwrite more profitably.  A couple of weeks ago we highlighted that applications were open for the fifth intake of the Lloyd’s Lab - initially with a focus on short, medium and long-term COV...
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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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