InsurTech bolt announced a partnership with WorldTrips, a full-service company providing travel insurance plans and assistance services to individuals, families, corporations, and service groups around the world.

Through the partnership, bolt and WorldTrips will introduce a program for the travel insurance segment that provides travelers with protection for their connected devices, covering smartphones, tablets, and laptops.

Covered travelers will have access to bolt’s fully digital 24/7 online claims process. Travelers have access to bolt’s global repair network that will help them get quickly reconnected to keep in touch with friends and family while traveling and maintain access to features like cameras and location sharing, as well as information such as digital wallets and emergency contacts stored on their devices.

With bolt and WorldTrips’ offering, travelers can add this coverage for their devices when purchasing their travel insurance and pay only for the device protection they need while they are traveling. The plan covers all individuals and their devices in the traveling party of the insured.

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Resilience, a cyber risk management firm, announced its launch of technology errors and omissions coverage for U.S. organizations with $300 million to $10 billion in revenue.

With $10 million in limits available for both primary and excess placements, the E&O addition to Resilience’s existing cyber insurance offering aims to help clients mitigate and cover liability arising from technology products and services.

Resilience’s new Technology E&O offering follows a period of growth for the company, including its strategic acquisition of incident response technology company BreachQuest and its broadening of insurance underwriting authority to serve clients up to $10 billion in revenue.

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UVeye, creator of an AI-driven automated vehicle inspection platform, announced a strategic collaboration with Acadia Insurance.

The companies aim enhance efficiency and accuracy in Acadia’s appraisal process, leveraging UVeye’s AI-powered computer vision inspection systems to streamline claims for vehicles involved in accidents.

UVeye’s systems enable appraisers to conduct comprehensive, instantaneous assessments of vehicle damage. These systems can detect external or mechanical flaws and identify damages, modifications, or foreign objects under and around a vehicle within seconds.

UVeye is installed at dealerships, auction, and fleet sites across the U.S. and globally. In May 2023, the company announced a $100 million Series D, bringing its total funding to $200 million.

Sources: bolt, Resilience, UVeye