Why insurers need to leverage digitalisation and InsurTech to get a competitive advantage
Prior to the Covid-19 pandemic, the insurance sector was already a highly competitive space. Now, with more demand than ever for insurance, the market is going into overdrive.
Shepherd eyes strengthened workforce following $6.15m seed round
Commercial construction insurance business Shepherd has raised $6.15m from a seed funding round led by Spark Capital.
Tractable releases new AI tool that can assess vehicle damage within minutes
Tractable has released a new AI solution that can assess a vehicle’s external condition and possible damage within minutes.
How dacadoo’s personalised risk assessments can help insurers up their insurance game
Dacadoo’s new whitepaper outlined the tangible outcomes its Health Scoring technology can bring to healthcare expenditure savings.
Open collects $31m ahead of New Zealand launch
Australasian InsurTech company Open has raised $31m in a growth round supported by international investors, as it gears up for New Zealand launch.
Arch Capital closes deal to acquire Westpac’s mortgage insurance business
Insurance firm Arch Capital has closed the acquisition of Westpac Lenders Mortgage Insurance (WLMI) for an undisclosed fee.
InsurTech Blueprint banks $16m, buys Southwest Land Title Insurance Company
Real estate company Blueprint Holding Co., a Nashville-based owner of InsurTech company Blueprint Title, raised $16m in Series B funding.
Insurify rakes in $100m from Motive Partners-led Series B
Insurance agent and comparison platform Insurify has raised $100m from a Series B round led by private equity firm Motive Partners.
UAE InsurTech Hala inks $5m to expand market footprint
Abu Dhabi-based Hala has snared $5m from a funding round led by Mubadala Investment Company.
Debunking 5 myths around InsurTech
The InsurTech sector has boomed over the past few years, but there are still common myths about the sector that need to be debunked.
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