Dec
19
2017
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Bima raises $97M from Allianz for microinsurance aimed at emerging markets

 On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance market is announcing a major round of its own. Bima, a European startup that builds and sells “microinsurance” services for low-income consumers in Africa, Asia and Latin America, has raised $96.6 million in… Read More

Feb
02
2017
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Caterpillar invests in Airware bringing drone tech to mining and construction enterprises

Airware drones demo The venture arm of Caterpillar Inc., a major manufacturer of construction and mining equipment, has invested in San Francisco drone tech startup Airware. Rather than make its own unmanned aerial vehicles, Airware has focused its efforts around providing software and services that help large enterprises use drones throughout their operations. Airware’s cloud-based software helps… Read More

Sep
13
2016
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DropIn brings drone-based video streaming to insurance biz

screen-shot-2016-09-13-at-12-14-18-pm DropIn, an LA-based startup wants to change the way the insurance companies process claims with two-way video claims processing and drone-based appraisals.
The company, which launched in 2015, provides on-demand live video streaming services to help insurance companies improve the claims and underwriting process. The solution relies on a drone equipped with a camera or a smartphone camera… Read More

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