Latest Startups Headlines
All the headlines from our Startups Topic Page, ordered by recency.
Indio, Tech Startup for Commercial Insurance Brokers, Raises $2 Million
Nov 1 2016 // Indio, a commercial insurance platform for brokers that aims to do what Sabre did for travel agents or Schwab did for wealth managers, said it has secured $2 million in seed financing. Venture capital firms NEA, Compound,...
Entrepreneur Shuts Startup After U.S. Questions Safety of Self-Driving Kit
Oct 31 2016 // Self-driving cars are getting closer by the day, but they won’t be coming from hacking phenomenon George Hotz. Hotz, the first person to jailbreak an iPhone and a vagabond of the world’s top tech companies, has...
Startup Auto Insurer Root Targets Good Drivers with Smartphones
Oct 25 2016 // Root officially debuted in the U.S. market on October 25. The fledgling auto insurer, just 18 months old, relies on telematics and a customer’s smartphone to deliver what it says will be significantly cheaper rates...
Auto Claims Startup Snapsheet Attracts $20 Million in Funding
Oct 18 2016 // Liberty Mutual and USAA are among the backers behind of Snapsheet, a startup that is developing virtual auto claims technology and services that recently closed on $20 million in new financing. Snapsheet disclosed the...
10 Takeaways from the Future of Insurance and InsureTech Connect Conference
Oct 17 2016 // You’ve probably heard. There is tremendous investor interest right now in technology-first insurance startups, or insurtech firms. The first InsureTech Connect Conference in Las Vegas in early October attracted an...
InsurTech Startup Launches Lease Guarantee Platform in New York
Oct 12 2016 // TheGuarantors, a New York based insurance tech startup founded in 2014, is seeking to make renting an apartment in New York easier for landlords, brokers and renters through its newly launched tech-enabled lease guarantee...
Canada’s Health Insurance Startup, League, Receives Broker License
Oct 12 2016 // Canadian health benefit startup League Inc said on Wednesday it has teamed up with the insurance arm of backer Royal Bank of Canada as it expands into insurance, targeting the many small businesses offering no such...
Commercial Lines Tech Startup Embroker Now Open for Business
Oct 11 2016 // Technology-inspired startup insurance broker Embroker, which bills itself as the first modern business insurance platform, has officially launched. Embroker is a commercial lines platform that empowers — hence the name,...
Liberty Mutual’s Peters Joins Startup Lemonade as Chief Underwriting Officer
Oct 10 2016 // Lemonade, the new peer-to-peer insurance company that opened for business last month, has named John Peters as its chief underwriting officer. At Lemonade, Peters will be responsible for insurance product terms and...
Startup P2P Insurer Lemonade Reveals How First 48 Hours of Business Went
Oct 10 2016 // Lemonade, the peer-to-peer insurtech startup that launched only a few weeks ago on Sept. 21 selling renters and homeowners insurance in New York, sold 142 policies and generated $14,300 in gross written premium in its...
Markel, EMC Join Global Insurance Accelerator to Assist Startups
Oct 7 2016 // Markel and EMC Insurance Companies have invested in the Global Insurance Accelerator, a business accelerator focused on developing innovative insurance-centric startups. The GIA launched in 2013 modeled on technology...
Insurers Hiscox, American Family Back Bunker, a Startup Broker for Gig Economy
Oct 4 2016 // Bunker, a Hiscox and American Family-backed startup billing itself as the first contract-related insurance marketplace, has officially left startup mode and unveiled its first product. The target audience: independent...
Munich Re Backs On-Demand Insurance Startup Trov’s Expansion in U.S. Market
Sep 13 2016 // Trov, an on-demand insurance startup, is revving up plans to enter the U.S. market in 2017, by way of a partnership with Munich Re. Munich Re, one of the world’s largets reinsurers, says it intends to provide...
Munich Re Partners with Startup Slice to Offer On-Demand Insurance Products
Jul 25 2016 // Munich Re has partnered with New York City-based insurtech startup Slice Labs Inc. as Slice prepares to launch its first on-demand, per-use insurance product. Slice and Munich Re said they have agreed to an ongoing...
Fintech Startup Gets German Banking License – with Plans to Offer Insurance
Jul 21 2016 // N26, a Berlin startup that offers financial services directly to consumers, said Thursday it’s received a German banking license that will let it offer a fuller range of products across Europe. The company, whose...
Munich Re Partners with Startup Slice to Offer On-Demand Insurance Products
Jul 12 2016 // Munich Re has partnered with insurtech startup Slice Labs Inc. as Slice prepares to launch its first on-demand, per-use insurance product. Slice and Munich Re said they have agreed to an ongoing roll-out of products and...
Connecticut Places ‘Unsteady’ Health Insurance Startup Under Supervision
Jul 11 2016 // Connecticut’s insurance commissioner announced Tuesday that nonprofit health insurer HealthyCT must be placed under state supervision to protect the company’s 40,000 policyholders. Commissioner Katharine Wade...
Insurance Startup in California Eyeing Gig Economy Opens $2M Seed Round
Jun 20 2016 // Bunker Project Inc., a San Francisco, Calif.-based insurance technology startup, announced a $2 million seed funding round. The round was co-led by Comcast Ventures and Route 66 Ventures. Insurance carriers Hiscox and...
Startup Embroker CEO Miller Pursues ‘Massive Improvement’ Over Disruption in Commercial Insurance Brokerage
Jun 15 2016 // Within venture capital circles, the insurance industry is sexy right now. It seems not a week goes by without another startup being announced, some with niche angles such as peer-to-peer distribution, insurance for...
Startup Health Broker Zenefits Cuts More Jobs; CEO Vows ‘Total Redesign’
Jun 15 2016 // Zenefits, a human resources software startup that has been beleaguered by compliance issues, is laying off more than 100 employees, as investors point to the company as a cautionary tale for startups that try to grow too...
