Life/Health Insurance

Cresso Health, an emerging InsurTech firm specialising in sales and marketing solutions for health insurance carriers, has officially launched its operations in the United States.

Despite the U.S. leading the world in per capita spending on maternity care, it paradoxically has some of the highest rates of adverse pregnancy outcomes among high-income nations. The CDC reports that maternal mortality is on the rise, with nearly 84% of pregnancy-related deaths considered preventable. The U.S. Department of Health and Human Services (HHS) suggests that comprehensive care navigation models could significantly reduce maternal morbidity and mortality rates by up to 50% and 20%, respectively, highlighting the crucial need for innovative approaches such as digital care navigation for expectant mothers.

Handling health and lifestyle data involves several intricate challenges, primarily due to the sensitive nature of the information. Ensuring privacy is a top priority, and securing consent for data use can be complex, especially if not addressed early in the process. This often restricts analysis to internal use only, limiting the involvement of external experts and increasing the risk of bias due to broad consent requirements.

Guidehealth, a burgeoning HealthTech company, has announced a successful seed funding round, raising $14m.

Renaissance Life & Health Insurance Company of America is enhancing its group insurance offerings with an innovative supplemental health solution.

iPipeline, a leading provider of digital solutions for the life insurance and wealth management industries, has announced the appointment of Steve Cover as Chief Technology Officer (CTO).

Hive Health, a pioneering digital health insurer based in the Philippines, has completed a $6.5m Pre-Series A funding round, supported by an impressive consortium of global and local investors.

In today’s fast-paced digital era, where technology is constantly evolving, companies face the challenge of effectively engaging with their customers. Traditional methods of customer engagement, such as in-person interactions or phone calls, are no longer sufficient in meeting the expectations of modern consumers. Instead, companies must leverage digital platforms to connect with their audience in meaningful ways.

AXA IM Alts, a global leader in alternative investments, has announced a lead investment of $14m as part of a $26m financing round into Novocuff, a women’s health medical device company dedicated to improving pregnancy outcomes and reducing preterm births.

Odie Pet Insurance, a full-service pet health insurance company known for its integrated technology solutions, has announced a strategic partnership with Insuritas, the nation's leading embedded insurance provider for financial institutions.