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Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation

TechCrunch

Zego , the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Next up, the insurtech is betting big on offering insurance for fleets.

Insurance 262
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Notch will sell you insurance in case your Instagram gets hacked

TechCrunch

The Israel-based startup Notch is trying to see if insuring creators against Instagram hacks could offer a solution. TechCrunch reviewed a sample insurance policy, which quoted a $459 annual fee (or about $38 a month) for insurance that pays out $244 for each day that a creator can’t get into their account after a hack.

Insurance 239
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Insurgent UK broadband startup Cuckoo Internet raises $6M round led by RTP Global, with JamJar Investments

TechCrunch

Cuckoo Internet, which is aiming to be an insurgent startup in the broadband provider space in the U.K., ” Cuckoo Internet closes seed funding to disrupt UK broadband market. has closed a $6 million investment round led by RTP Global, along with participation from JamJar Investments. Who’s funding privacy tech?

Internet 246
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YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance

TechCrunch

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. Insurance companies were losing a lot of money to fraud.

Insurance 232
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India’s insurance platform Turtlemint raises $30 million

TechCrunch

Turtlemint, an Indian startup that is helping consumers identify and purchase the most appropriate insurance policies for them, has raised $30 million in a new financing round as it looks to reach more users in small cities and towns in the world’s second largest internet market. billion people currently have access to insurance.

Insurance 188
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Indonesian insurtech startup Fuse gets $25M Series B extension to expand further in Southeast Asia

TechCrunch

Launched in 2017, Fuse connects insurance companies with multiple distribution channels and partners to make insurance services accessible and affordable through its technology. The pandemic accelerated the digital transformation in the insurance industry, one of the most conservative sectors.

Insurance 327
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Applications and innovations in the Internet of Things (IoT)

Hacker Earth Developers Blog

The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. IoT ecosystems consist of internet-enabled smart devices that have integrated sensors, processors, and communication hardware to capture, analyze, and send data from their immediate environments.

IoT 283