The changing face of health insurance
Health insurance plays a critical role in safeguarding individuals and families from the financial burdens of medical expenses, offering essential coverage and peace of mind during times of illness or injury. Traditionally, the industry relied on complex and rigid models, often burdened by lengthy paperwork, slow claims processing, and fragmented communication. However, the health insurance market is projected to reach a remarkable $2.38tn in gross written premiums by 2024, according to Statista. This comes amidst a significant shift towards digital platforms and telemedicine services.
Ledgebrook’s innovative push in InsurTech garners $17m Series B funding
Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.
Nirvana secures $24.2m in Series A to enhance health insurance transparency
Nirvana, a pioneering health tech company, today announced a significant boost to its mission of bringing transparency to health insurance processes.
Akur8 and Heritage Insurance forge alliance to revolutionize insurance pricing
Heritage Insurance, a leading property and casualty insurance holding company based in Tampa, Florida, has teamed up with Akur8, known for its next-generation insurance pricing solutions powered by transparent machine learning.
PropEco raises £275k to revolutionize property risk management with climate focus
PropEco, a Glasgow-based tech company, recently secured a seed investment of £275,000. The company is known for its advanced technology platform that evaluates the long-term value and viability of properties with an innovative approach.
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Sun Life US launches seamless claims integration for multiple health benefits
Sun Life US, a leading provider of insurance and employee benefits, has launched an enhanced claims integration system.
Ryan Specialty appoints Tom Daniels as managing director of LifeScienceRisk International
Ryan Specialty, a leading international specialty insurance firm, has announced that London-based underwriter Tom Daniels has joined LifeScienceRisk as managing director of LifeScienceRisk International.
Akur8 lands $120m in Series C to enhance its next-gen actuarial platform
Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round.
The changing face of health insurance
Health insurance plays a critical role in safeguarding individuals and families from the financial burdens of medical expenses, offering essential coverage and peace of mind during times of illness or injury. Traditionally, the industry relied on complex and rigid models, often burdened by lengthy paperwork, slow claims processing, and fragmented communication. However, the health insurance market is projected to reach a remarkable $2.38tn in gross written premiums by 2024, according to Statista. This comes amidst a significant shift towards digital platforms and telemedicine services.
Ledgebrook’s innovative push in InsurTech garners $17m Series B funding
Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.
