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AIG’s Leandro DalleMule joins InsurTech start-up Planck Resolution

6th December 2018

Planck Resolution, an artificial intelligence (AI) based InsurTech start-up, has appointed Leandro DalleMule as General Manager for North America. DalleMule joins the firm from American International Group (AIG), where he most recently served as Chief Data Officer (CDO) and Head of Information, leading the insurer’s data transformative initiative. He started at AIG ... Read the full article

Planck Re secures $12mn Series A funding to simplify commercial underwriting

5th July 2018

Planck Re, a 2016-founded startup aimed at simplifying commercial insurance underwriting, has secured $12 million in its Series A funding. The round was led by Arbor Ventures and includes Viola FinTech and Eight Roads. Based in Tel Aviv, Planck Re’s technology mines, ingests, cleans, and updates large amounts of data from ... Read the full article

Berkshire Hathaway GUARD partners with AI platform Planck

7th March 2019

Berkshire Hathaway GUARD Insurance Companies, a U.S subsidiary of Warren Buffett’s global re/insurance company, is partnering with Artificial Intelligence (AI) data platform Planck in an effort to optimise underwriting processes for its small and medium business segment. It’s hoped the insights provided by Planck will allow GUARD’s underwriters to focus on ... Read the full article

AI insurtech Planck raises $16mn, backed by Nationwide & HDI

12th June 2020

Artificial Intelligence (AI) data platform Planck has announced that it secured $16 million in its series B funding round, bringing its total investment amount to $28 million. The round was led by ​Team8 Capital​, with participation from all existing investors (Viola FinTech, Arbor Ventures, Eight Roads) alongside new strategic investor additions ... Read the full article

Berkshire Hathaway’s GEICO launches first telematics program

31st July 2019

GEICO, the auto insurance arm of reinsurance and investments giant Berkshire Hathaway, has launched and is trialling its first telematics product, named DriveEasy. The push into telematics based solutions to provide analytics and intelligence on driver performance has likely been driven by a desire to reign in claims costs, while charging ... Read the full article

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