Life/Health Insurance

Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

Hakbah, a Saudi-based FinTech platform focusing on digital savings, has announced a new partnership with Tawuniya to revolutionise the savings experience for Saudi citizens.

GoHealth, Inc., a leading health insurance marketplace, has entered into an agreement to acquire e-TeleQuote Insurance, a prominent Medicare insurance provider.

Solace, a digital health platform, has announced that it has raised $14m in its Series A funding round.

BuddyID® has announced a strategic partnership with Pets Best to simplify the process of securing pet insurance. 

In clinical trials, where innovation often hinges on participant involvement, many studies are facing challenges in attracting and retaining enough participants. One key factor behind this difficulty is the trial's communication process. The traditional methods often leave patients frustrated, causing dropout rates to soar. However, a shift is underway, driven by artificial intelligence (AI) and automation, as customer experience automation company Ushur explains.

As H2 of 2024 is now fully upon us, the InsurTech sector is set to face new tests and set its sights on new opportunities. With regulatory tests on the horizon, and a notable shift towards digital solutions looking set to take the sector by storm, H2 looks set to be seismic for the space. 

Chronic conditions, including diabetes, hypertension, heart disease, and cancer, represent some of the most common and costly health issues worldwide, particularly when not properly managed. These conditions often require ongoing medical care, frequent hospital visits, and extensive treatments, which leads to soaring healthcare costs. Without the proper support and care, patients often fail to manage their conditions effectively, increasing preventable hospital admissions and emergency room visits. This cycle of poor health outcomes not only impacts patients, but also significantly raises healthcare expenses for insurers.

Cytora, a leading digital risk processing platform provider, has announced a new partnership with GeoSmart Information to respond to the growing challenges posed by climate change.

Luz Saúde, one of Portugal’s largest private healthcare providers, has teamed up with Habit, a prominent InsurTech startup with expertise in digital insurance and telecommunications, to launch a new health service called LUZ ON PRIME.