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Talks are underway between the Silicon Valley firm and venture investors over the next raise, at a valuation of over $1bn. -
The nature of partnerships between InsurTechs and incumbents is changing, according to attendees and speakers at the DIA Amsterdam conference.
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Mizzi succeeds Ed Pulkstenis, who will transition to a new role.
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Daniel Schreiber argues that incumbents’ assets are beginning to look like liabilities
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Rather than shying away from its potential rivals, Sapiens wants to work with InsurTechs to support the insurance industry.
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The two firms have invested in the InsurTech’s latest funding round.
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Third Point Re and White Mountains have also given financial support to the start-up.
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Facial recognition software is used to see if customers are “telling the truth”, Lemonade’s Sagalow told InsiderTech New York.
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The San Francisco-based InsurTech launched in the UK in 2016 with Axa Insurance UK.
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Partner Martha Notaras will pursue projects outside of XL Innovate.
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A large technological vacuum created after years of neglect is at the heart of InsurTech’s recent rapid growth, delegates heard at InsiderTech New York.
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A fourth, more complex product will be offered to the market in the fourth quarter, Attune CEO James Hobson told InsiderTech New York.
