Tagged: insurance policy

Socotra Connected Core, the Insurance Policy Core Platform Available in AWS Marketplace

Socotra, Inc. announced availability of their insurance policy core platform Connected Core in AWS Marketplace. This move will make it easier for insurers “to adopt the platform, resulting in faster implementation times and improved efficiencies.” AWS Marketplace is “a digital catalog with thousands of software… Read More

Insurtech Novidea Raises $50M via Series C Led by Battery Ventures

Novidea, creator of the born-in-the-cloud, data-driven platform optimizing the entire insurance policy and distribution lifecycle, announced that it has raised $50 Million in Series C funding. The investment round was “led by Battery Ventures with participation from Cross Creek, both new investors, and the company’s… Read More

Liminal Key Security Backed by $50M Insurance Policy

Liminal, a wallet operations infrastructure, recently unveiled “an additional protection for customers.” The insurance covers Liminal’s backup keys, which “serve as a fail safe to recover lost Liminal keys.” Canopius, a global specialty (re)insurer and Lloyd’s of London syndicate, “wrote the $50 million policy, which… Read More

Division of China’s State-Owned Power Grid Introduces Blockchain enabled Blackout Insurance Policy

A division of China’s state-owned power grid has reportedly introduced a blockchain-enabled blackout insurance policy that’s issued to the chairman of a local firm that had to compensate for a recent loss due to a power outage. The Zhejiang Ningbo Power Supply Company has teamed… Read More

Crypto Hardware Wallet Maker Ledger’s Vault Secures $150 Million Crime Insurance Policy

Ledger, the developer of security and infrastructure solutions for crypto-assets, announced on November 14 that it had acquired a crime insurance policy that covers digital assets. According to a press release shared with Crowdfund Insider, users’ assets will be secured by the Ledger Vault platform…. Read More

U.S. Insurtech Corvus Launches Smart Cyber Excess Insurance Policy with $10 Million Limit

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Corvus, a U.S.-based insurtech startup, announced last week the launch of its Smart Cyber Insurance product lines. Founded in 2017, Corvus Insurance is an AI-driven InsurTech company offering Smart Commercial Insurance policies and innovative technology that utilizes new forms of data to predict and prevent… Read More

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