Munich Re insurtech News

On-Demand Insurance Agency Trōv Expands Into U.S., Launches in Arizona

Trōv, a global on-demand insurance agency, has expanded into the United States, starting with insurance for single items in the state of Arizona. Munich Re’s Digital Partners provides underwriting capital through its global strategic alliance with Trov. The company’s Arizona …

Munich Re Embraces Driverless Future with Mobileye Fleet Product

Auto insurers, faced with rising accident rates and the emergence of autonomous vehicles that could make them obsolete by removing human error, have reason to love and hate driverless technology. Munich Re, the world’s biggest reinsurer, has decided to embrace …

Silicon Valley Honors Munich Re US and Mozeika for Insurtech Leadership

A Silicon Valley innovation platform that connects technology startups, corporations and investors has recognized Munich Re, US for leadership in the insurtech space. The high-tech incubator and mentoring group known as Plug and Play also cited Robert Mozeika, innovation executive …

Startup Next Insurance Closes Funding Round Worth $35 Million with Amex Aboard

Next Insurance, a digital insurance agency for small to medium businesses, announced that American Express Ventures has joined its previously announced Series A Round led by Munich Re/HSB Ventures. In May, Next reported the round had reached $29 million and …

Munich Re Partners with InsurTech Start-Up Wrisk

Insurtech company Wrisk Ltd., which was founded earlier this year, has entered into an agreement with Munich Re’s Digital Partners business unit. Under the agreement, Munich Re companies become the exclusive carrier for Wrisk’s business underwritten in UK, Europe and …

Munich Re Backs On-Demand Insurance Startup Trov’s Expansion in U.S. Market

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 underwriting capital and …