INTERESTING COMPANIES FOUND
Jones (2016, New York City) – A mobile based on-demand liability insurance platform for businesses. It lets businesses to get coverage on a project-basis.
RightIndem (2015, London, $17K) – A SaaS platform for insurance claims settlement that uses machine learning algorithms for repair solutions, and real-time fraud scoring.
HIGHLIGHTS OF THE DAY
- Zurich Insurance is deploying artificial intelligence (AI) in deciding personal injury claims after trials cut the processing time from an hour to just seconds. Read More
- Acko, a Mumbai based general insurance carrier, set up by Coverfox founder Varun Dua, has raised $30M in seed round. Read More
- Carpe Data, the provider of next generation data products to the insurance industry, has raised $6.6M in Series A funding, led by Aquiline Technology Growth (ATG), with participation from Carpe Data’s existing investors. Read More
- Vericred, a healthcare data services company, has raised $5.5M in Series A funding round led by Nashville-based FCA Venture Partners, with participation from existing and new investors. Read More
- Zenefits introduces level-funded insurance plans in partnership with Aetna. Read more