Sector Updates

Chaiz, an Austin-based marketplace for extended car warranties, has raised $3.7m in seed funding as it looks to expand its coverage options.

Whitespace, the fully digital e-trading platform and Verisk business, has launched new library and contract builder capabilities.

Aon, a global professional services firm, and Columbia University, an Ivy League research university based in New York, have renewed their partnership until 2027 to enhance research on the correlation of climate risk between various perils and regions.

Inscora, a Montreal-based startup, has secured $2m in funding to enhance its cyber insurance solutions.

Insured Nomads, a leading global provider of health insurance and assistance products for modern companies and travellers, has partnered with Global Nomad Pass to incentivise travellers, remote workers, and digital nomads to shop with local businesses.

Credit Agricole Bank Polska has leveraged Comarch's expertise to redefine the customer experience in banking.

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.

ZestyAI, the leading provider of climate and property risk analytics solutions, has unveiled its newest solution, designed to address the increasing frequency and severity of non-weather water and freeze claims.

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

Everest Group, Ltd., a global leader in the insurance and reinsurance sectors, has announced a key leadership appointment as it looks to expand its market presence in North America.