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Both parties agree to cooperate in R&D and implementation of the SMART Safe Driving Platform for the citizens. The parties’ ultimate goal is to promote safe driving culture and reduce accident rate A fast-growing Insurtech Carrot General Insurance Corp. (“Carrot” or the “Company”) announced a memorandum of understanding (MoU) with Korea Expressway Corporation (KEC) to “co-develop a safe drive coaching platform for the drivers” in an effort to foster a culture of safe driving and...

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InsureLife, a startup technology company in Raleigh, NC, has developed an AI-powered platform for Insurers that digitally connects their financial services products with consumers and agents, growing sales in a contactless world. Investors in the Seed round include Nassau Financial Group, CFV Ventures, and several angel investors. InsureLife anticipates oversubscribing the Seed round. InsureLife has secured distribution agreements with two major insurance companies – a leading Supplemental Health Insurer and Nassau Financial Group. Following the Seed...

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Seasoned insurtech and digital transformation leader to accelerate the next phase of growth for Chisel AI Chisel AI, a technology provider for the global insurance industry, today announced that Rupin Mago has joined the company as Vice President, Sales. A proven cross-functional leader and trusted advisor to customers and partners, Mago brings deep insurance industry and technology domain experience to his role including AI, machine learning, file analytics, unstructured data, robotic process automation, big data,...

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National insurance franchise expands in Florida, New York, South Carolina and Texas. Seven people are realizing their dreams of business ownership through Brightway Insurance with the opening of five new franchise locations in June. Kevin Allen opened Brightway, The Allen Agency in Greenville, S.C. Dabir Duvert and Steven Duvert opened Brightway, The Duvert Agency in Hempstead, N.Y. Luan Le opened Brightway, The Le Agency in Tampa, Fla. Enrique and Brittany Miron opened Brightway, The Miron Agency in Riverview, Fla. Jorge Balderas opened Brightway, The Balderas in Spring,...

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The Series Seed round was led by Brick and Mortar Ventures As the insurance industry continues to seek the best way to digitize and simplify the property claims experience, claim management platform handdii is announcing a $3 million Seed round led by Brick & Mortar Ventures, with participation from Nine Four Ventures and Australia-based Scale Investors and Fifty-Second Celebration. This makes the first institutional round for handdii and puts the company in a strong position to meet increasing...

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Insurtech Gears Up for Growth with Key Executive Appointments Chisel AI, a technology provider for the global insurance industry, today announced three recent appointments to its leadership team. The company has appointed Colin Toal as Chief Technology Officer, Pearl Chiu as Vice President, Operations and Eldar Curovic as Vice President, Product Management. Earlier this year, Chisel AI appointed Chris Laver as Chief Data Scientist. “I’m thrilled to have Colin, Pearl, Eldar and Chris on board,” said...

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Snapsheet honored to be named to a list of leading startups for achievements in accelerating the digital transformation in the global insurance industry Snapsheet, the industry-leading provider of virtual claims technology for the personal and commercial insurance marketplace, today announced that it was named to CB Insights Top Fintech Startup list, which highlights the 250 most promising private companies demonstrating financial stability, overall health and growth potential. Snapsheet was one of only two companies in the...

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