Global News

1 CANADA

Foresters Financial teams up with dacadoo

The Swiss insurtech dacadoo has joined forces with Foresters Financial to create a new type of health insurance plan that uses AI metrics to assess and encourage users to embrace a healthier lifestyle 2 INDIA

Digit Insurance becomes 2021’s first unicorn

Digit Insurance, has become the first unicorn of 2021. The Indian insurtech startup has earned the title following a valuation of US$1.9bn. The company champions a simplified approach through a smartphone-driven process that takes users only a few minutes to file a claim.

UK

By Bits launches amidst COVID-19 regulation changes

By Bits is the UK’s only pay-permile car insurance provider, By Bits aims to bring usagebased policies to market in a faster, more cost-effective way, delivered through an SaaS model.

THE NORDICS

SafetyWing cover for remote workers

Taking the working-fromhome mandate one step further, Norwegian insurtech SafetyWing has secured an US$8m investment to develop its insurance products aimed at remote workers.

5 AFRICA

Insurtech creates agricultural cover for African farmers

Agricultural insurance startup

Pula will derisk millions of farmers and smallholders by providing agricultural insurance and digital products. The new service insures against climate risks, enhance farming practices and improve their incomes in the long-term. 6 JAPAN

Sompo to offer commercial drone cover

The leading insurance company Sompo has teamed up with the UK-based Flock, to provide vital cover for operators. Up-andcoming use-cases for this growing sector include drone cargo deliveries, flying taxi passenger flights, and drone swarm shows.