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Insurtech weekly news roundup: Sept. 2 - Vimarsana News

Insurtech weekly news roundup: Sept. 2

Insurtech exec sounds off, a big VC round, a partnership and more

Fairmatic raises USD 42M to redefine commercial auto insurance with data and AI - Vimarsana News

Fairmatic raises USD 42M to redefine commercial auto insurance with data and AI

New York [US]/ Bangalore (Karnataka) [India]/ Tel Aviv [Israel], September 1 (ANI/PRNewswire): Insurtech 2.0 company Fairmatic today destealths a unique offering that pioneers an unconventional approach to fleet insurance -- focused on enabling savings for safer fleets and improving road safety for all. Fairmatic is led by an all-star team including former Allstate President Jamie Trish, as its President of Insurance, and Jonathan Matus, former Android and Facebook mobile executive, as its CEO. Fairmatic also announced a USD 42 million Series A funding round led by Foundation Capital. "Fa...

Zendrive spins out commercial insurance startup - Vimarsana News

Zendrive spins out commercial insurance startup

Company also announces new CEO

Commercial Auto Insurtech Fairmatic Raises $42M - Vimarsana News

Commercial Auto Insurtech Fairmatic Raises $42M

Insurtech Fairmatic, founded by Jonathan Matus, a former Android and Facebook mobile executive, announced a $42 million Series A funding round to further

Insurtech co Fairmatic raises $42m, to open Israel R&D center - Vimarsana News

Insurtech co Fairmatic raises $42m, to open Israel R&D center

Fairmatic is using big data and AI to disrupt the commercial auto market for company fleets.