OKO, an Insurtech start-up that provides inclusive agricultural insurance to secure farmers’ income across Africa, has closed a Seed investment of $1.2 million. The round was led by by Newfund and ResiliAnce. Mercy Corps Venture, Techstars, ImpactAssets and RaSa also participated in the round.
Adacta, a leading insurance software provider, announced today a strategic partnership with Motion-S, a Luxembourg-based leading data-driven behaviour analytics solution provider, to help insurers benefit from turnkey technology in the mobility ecosystem.
By Florian Graillot.
In 2020, €600m+ was invested in European InsurTech startups, which is a 25% YoY drop from €800€+.
Retour sur les 10 articles les plus populaires de cette année 2020 si particulière. Au programme : Luxembourg Finance Awards, assurance-vie, paiements électroniques ou encore Management Companies. Stay safe !
Du 9 au 24 novembre derniers s’est tenue la 8ème édition des ACA Insurance Days, organisés par l’ACA, l’Association des Compagnies d’Assurance et Réassurance du Grand-Duché de Luxembourg.
For the 2nd consecutive year, Accenture and Bâloise Assurances Luxembourg surveyed more than 1000 consumers on their current experience of insurance services and their future expectations. Our 2020 Market Pulse Survey (MPS) reveals that to successfully outmaneuver the complexities of changing consumer behaviors, accentuated by the current global pandemic, insurers must repivot towards digital and infuse personalization in their core services.
Tout commence en novembre 2019, lors du 3e Hackathon interne du Groupe Foyer, le challenge d’innovation annuel du leader luxembourgeois de l’assurance. À cette occasion, la responsable de l’équipe « Protection Juridique » défend l’idée de pouvoir s’appuyer sur une encyclopédie rassemblant toute l’information juridique luxembourgeoise, pour faciliter et accélérer la gestion des dossiers.
Last month, Capgemini, release the third edition of its World InsurTech Report, which was launched back in 2018. The 2020 report, built in collaboration with Efma, explores the changing business dynamics of the insurance industry – from the global pandemic underscoring the need for business resilience to BigTechs setting new standards for customer experience. The report highlights the need for insurers to adopt a new mindset and collaborate with ecosystem partners to innovate and build new capabilities that meet the digital needs of customers.
On September 15th, 2020 during ICT Spring, the 2019/2020 season of Pitch Your Startup came to an end. Descartes Underwriting won the competition and the €50,000 cash prize cross-categories offered by Docler Holding. Three pitch events took place from November 2019 to September 2020 with more than 320 applications from 8 categories.
Capgemini released its “World Insurance Report 2020” just a couple of days ago. The experts have been exploring insurer-customer relationships, market dynamics and business models more than a decade: this 13th edition of also focuses on global, cross-generational digital adoption, as well as the impact of pandemic.