InsurTech company Covr closes $5m funding round

InsurTech business Covr Financial Technologies has closed a $5m funding round. Read more: fintech.global

Zurich uses accelerator to influence InsurTech start-ups

Major Swiss insurer Zurich is working with accelerator Startupbootcamp to influence the strategy of InsurTech. Read more: www.intelligentinsurer.com

Virtual claims provider Snapsheet nets $12m Series D

Virtual claims provider Snapsheet has raked in $12m in its Series D funding round, which was led by Tola Capital. Read more: fintech.global

InsurTech platform Sure pulls in $8m for Series A

InsurTech startup Sure has received $8m for its Series A funding found, led by IA Capital. Read more: fintech.global

Insurers confident against digital-only players

“Established firms have years of underwriting and claims data which they can leverage.” Read more: www.insurancebusinessmag.com

AIG, IBM partner to use blockchain for ‘smart’ insurance policy

Insurer American International Group Inc has partnered with International Business Machines Corp to develop a "smart" insurance policy Read more: www.reuters.com

Insurance companies competing on price and value

Insurance companies operating in an competitive market must innovate and be proactive to prosper. Read more:www.raconteur.net

Online insurance broker Coverfox raises $15m for Series C

Insurance broker platform Coverfox has reportedly raised $15m for its Series C funding round, which was led by US insurer Transamerica. Read more: analysis.cairns.cl

PingAn insurance fund is hunting for FinTech investments

Ping, an insurance fund is using a newly-launched fund to hunt for financial technology and health care-technology investments from $10-$30 million. Read more: www.wsj.com

How can big insurers, new tech-focused players work together?

Working together could benefit traditional insurance companies and some of the disruptors coming on the scene. Read more: www.benefitscanada.com