WorldCover raises $6M round for emerging markets’ climate insurance

LakeArrowhead (#1) 258 days ago Business worldcover raises 6m emerging markets climate insurance All   Discuss  | Add To 
WorldCover, a New York and Africa-based climate insurance provider to smallholder farmers, has raised a $6 million Series A round led by MS&AD Ventures. Y Combinator, Western Technology Investment and EchoVC also participated in the round. WorldCover’s platform uses satellite imagery, on-ground sensors, mobile phones and data analytics to create insurance options for farmers whose […]

Alan raises another $45 million for its health insurance product

LakeArrowhead (#1) 333 days ago Business alan raises 45 million health insurance product All   Discuss  | Add To 
Paris-based startup Alan has raised a Series B round of funding of $45 million (€40 million). Index Ventures is once again leading the round, with partners of DST Global also participating. The company had raised a $28 million funding round only 10 months ago. Alan is a software-as-a-service startup tackling a very specific industry: the […]

OTL: Football facing growing insurance issue

LakeArrowhead (#1) 367 days ago Sports otl football facing growing insurance issue All   Discuss  | Add To 
From the NFL to rec leagues, football is facing a stark new threat: An evaporating insurance market that is fundamentally altering the sport's economics, squeezing and even killing off programs faced with higher costs and a scarcity of available coverage.

New York City launches $100 million universal health insurance program

LakeArrowhead (#1) 376 days ago US News york city launches 100 million universal health insurance program All   Discuss  | Add To 
New York City on Tuesday launched a $100 million health insurance program to cover 600,000 uninsured city residents, including those unable to afford coverage and those living in the United States illegally, Mayor Bill de Blasio said.

Poverty, lack of health insurance among female health care workers

LakeArrowhead (#1) 381 days ago Science poverty lack health insurance female health care workers All   Discuss  | Add To 
A new study finds that low wages and poor benefits leave many female health care workers living below the poverty line.

FEMA reverses decision to stop issuing new flood insurance policies

LakeArrowhead (#1) 386 days ago US News fema reverses decision stop issuing flood insurance policies All   Discuss  | Add To 
The Federal Emergency Management Agency (FEMA) said on Friday it will resume issuing new flood insurance policies during the partial U.S. government shutdown, reversing a decision announced two days ago.

Insurance startup Bright Health raises $200M at ~$950M valuation

LakeArrowhead (#1) 415 days ago Business insurance startup bright health raises 200m 950m valuation All   Discuss  | Add To 
Bright Health, another startup seeking to disrupt an antiquated industry, has raised $440 million since 2016.

Laka raises $1.5M seed to take its ‘crowd insurance’ model beyond bicycles

LakeArrowhead (#1) 591 days ago Business laka raises 15m seed crowd insurance model bicycles All   Discuss  | Add To 
Laka, a London-based insurtech startup that offers what it calls “crowd insurance” to rival traditional premiums and is initially targeting high-end bicycle owners, has raised $1.5 million in seed funding. The round is led by publicly-listed Tune Protect Group, with participation from Silicon Valley’s 500 Startups — money that will be used to enter new […]

Coya raises $30 million to launch its insurance service in Europe

LakeArrowhead (#1) 592 days ago Business coya raises 30 million launch insurance service europe All   Discuss  | Add To 
Coya, a Berlin-based insurance startup, has raised $30 million in new cash as investors around the world continue to see opportunities in modernizing the insurance industry. Founded by two early employees at the European credit and risk assessment unicorn startup Kreditech (which raised €110 million from the Naspers subsidiary PayU) and two seasoned executives from […]

Insurance claims from California wildfires near $12 billion

LakeArrowhead (#1) 717 days ago US News insurance claims california wildfires 12 billion All   Discuss  | Add To 
Insurance claims from deadly 2017 wildfires in California have reached $11.8 billion, becoming the most expensive series of wildfires in state history.

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