The Ticker

Hires Martin Simoncic as CEO and Christian Kasper as CFO and executive vice president. Simonic was most recently president of PROS Holdings’ B2B business and Kasper served as CFO at EnterpriseDB.

Expands partnership with West Bend Insurance with West Bend’s use of the Z-PROPERTY analytics platform, which incorporates satellite imagery, building permits, and other data.

Raises $3.5 million in seed funding for Canadian rate comparison platform. The platform boasts more than 250,000 users and features the ability to bundle home and auto policies from different providers.

Buys property inspection and data analytics provider Millennium Information Services.

Launches Indigo Vault, a document protection platform with a combination of cloud and local document management systems to protect against advanced cyber threats.

Hires Joachim Müller as CEO. Müller previously served as CEO of Allianz’s Global Corporate & Specialty SE business and Allianz’s German P&C business.

Makes early investment in Lazarus AI, a firm focused on AI-powered document data extraction, summarization, classification, and reasoning.

Announces AI-enabled automated importing tool for summary of benefits and coverages data within BenefitPoint system. New platform features also encompass streamlined NAICS code entry and improved rate tracking and adjustment tools.

Raises $10.5 million in Series A funds to expand non-standard auto insurance offerings in the Hispanic and Latino communities.

Selects 10 insurtechs for 13th cohort of Lloyd’s Lab Accelerator, the first to focus on risks facing the Middle East and Africa. Member firms are: Artio, Discovermarket, FortuneGuard, Indemni, Asterias, BreachBits, Javel Groupe, Synthetik, MyUbuntu, and StateUp.