ITDS Business Consultants

ITDS Business Consultants is a consultancy firm for banks and insurers.
We tweet about relevant financial industry news, #insurtech and #fintech innovations.

[ITDS Business Consultants @ITDS_Group]

Distracted driving and major speeding violations are on the rise, and technology will play a key role in helping to keep drivers safe and shaping the auto insurance customer experience, according to a new report from LexisNexis Risk Solutions: https://t.co/OBruI5m1fT

[ITDS Business Consultants @ITDS_Group]

MassMutual-owned Haven Life is announcing the launch of Haven Secure, a new term life insurance product that can be purchased entirely online. Coverage mirrors insureds' monthly income or can match a large recurring expense (like a mortgage). Read more: https://t.co/AvK3SixsmF

[ITDS Business Consultants @ITDS_Group]

Washington, DC-based Till announced an $8 million Seed funding round. Founded in 2017, the startup is a team of 27 people and its flagship product is a Flexible Rent platform that allows renters to create a customized payment schedule. Read more: https://t.co/vhP2Pc4jfD

[ITDS Business Consultants @ITDS_Group]

loyd’s Lab innovation accelerator programme has selected insurtech startup Thimble to develop pandemic business interruption insurance for small medium-sized businesses (SMBs). Read more: https://t.co/IlO6Ps8kVa

[ITDS Business Consultants @ITDS_Group]

Prudential Life Assurance and The 1 partnered to create the country’s first lifestyle and health collaboration. The 1 is a loyalty platform based in Thailand, with over 17 million members. Want to know more? Read it here: https://t.co/xmg69IUb2M

[ITDS Business Consultants @ITDS_Group]

Chubb announced the launch of Recover & Return Insurance, an insurance plan for businesses in Singapore. Businesses need to consider establishing risk mitigation plans to protect workforces when employees return to traditional workplaces. Read more at: https://t.co/Tzhi4USnr0

[ITDS Business Consultants @ITDS_Group]

Cyberport houses over 30 InsurTech start-ups with great potential to create business value through digital transformation. It's the largest FinTech community in Hong Kong, boosting almost 400 FinTech companies that offer financial software and technology: https://t.co/c8ngcjQGN6

[ITDS Business Consultants @ITDS_Group]

Uber upgrades insurance for drivers in the Netherlands by partnering with INSHUR. The aim is to meet the demands from drivers who want more choice of insurance products. Drivers will also get the chance to enroll in free training courses from LOI: https://t.co/WNOh4VrRoP

[ITDS Business Consultants @ITDS_Group]

Generali and Bupa partner to enhance essential employee wellbeing programmes. The initiative aims to provide employers access to the back-to-work support they need, with a specific focus on individual COVID-19 risk factors. Read more at: https://t.co/Bmhtk8RG4I

[ITDS Business Consultants @ITDS_Group]

Swiss Re and OneConnect join forces for an AI-based motor claims handling solution. The companies will roll out the Smart Claims Solution, combining OneConnect’s AI-technology and Swiss Re’s risk expertise and market know-how: https://t.co/cir2NAyco2

[ITDS Business Consultants @ITDS_Group]

Honcho is set to disrupt the way that employers offer employee benefits. The partnership with Personal Group’s Hapi will provide Hapi’s 475,000 users with access to Honcho’s motor insurance, enabling users to choose insurance providers in an easy way: https://t.co/bl71ZmcnmO

[ITDS Business Consultants @ITDS_Group]

The payments industry is rapidly innovating. So does Finland's largest FinTech start up, Enfuce. This disruptor in the payments industry has been accredited by the Finnish Financial Supervisory Authority as an authorised payment institution. A big step! https://t.co/IouT14ArfE

[ITDS Business Consultants @ITDS_Group]

Amazon Pay, the payment arm of e-commerce giant Amazon, partnered with Acko General Insurance to launch a car and bike insurance. The insurance claims will involve zero paperwork, one-hour pick-up, three-day assured claim servicing, reported Livemint: https://t.co/amcwPOh365

[ITDS Business Consultants @ITDS_Group]

Lemonade today launched pet insurance, marking its entry into a new vertical of insurance for the first time since it launched its renters/home owners insurance in 2016! Read more at: https://t.co/bQnJIkjOgv

[ITDS Business Consultants @ITDS_Group]

TowerHouse launched a integrated home management platform, HomeEgg. The only free, all-in-one solution that helps homeowners effectively manage their home. For the first time, they can gain comprehensive financial visibility and control over their home: https://t.co/0HSazEVE2k

[ITDS Business Consultants @ITDS_Group]

Atlanta-based FraudScope announced it has completed a $7M round of Series A financing. FraudScope is an AI-based platform that helps identify fraud, waste, and abuse in healthcare. The platform utilizes AI to conduct full investigations of suspect claims: https://t.co/uMpPf7PHHD

[ITDS Business Consultants @ITDS_Group]

Doctor On Demand, “the nation’s leading virtual care provider,” has secured $75 million in Series D financing led by General Atlantic, with participation from existing investors. This latest round brings the company’s total funding to ~$235 million! https://t.co/p6G3UV9OqT

[ITDS Business Consultants @ITDS_Group]

Riders Share, an award-winning startup and the largest peer-to-peer motorcycle sharing platform in the world, announced it has raised $2M. The capital will be used for the acceleration of product development and to scale up customer service/marketing: https://t.co/CB8J8VJDfI

[ITDS Business Consultants @ITDS_Group]

ROCK Insurance announces new Covid-19 protection products for the travel industry; a business policy, as well as travel insurance that includes pre-departure cancellation if travellers test positive for Covid-19 and cannot travel. Read more: https://t.co/WwdwXkwoKV

[ITDS Business Consultants @ITDS_Group]

Rental e-scooters will become legal as part of a trial in the UK, in a bid to ease pressure on public transportation amid the coronavirus crisis. This means users are obligated to have insurance and a driving license. New opportunities for insurers! https://t.co/bYFYZsAQB3