Sector Updates

Embri, a pioneering embedded InsurTech platform, has launched today, offering groundbreaking integrated and embedded insurance solutions tailored for the high-end luxury retail sector.

Vitesse, a leading provider of treasury and payment solutions tailored for the insurance industry, has announced the completion of a substantial $93m Series C funding round.

Howden, a leading insurance broker, has announced the acquisition of MiCRO, a microinsurance specialist focused on providing parametric insurance coverage to underserved populations in Latin America against natural catastrophes.

Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, has appointed Bindu Crandall as Chief Marketing Officer (CMO).

Norwegian flood risk startup, 7Analytics has announced a successful funding round of €4m from Scale Capital, a prominent investment firm.

Mason Owen has launched the UK’s first-ever legal indemnity insurance platform, known as Instant Title Solutions (ITS).

Wefox, an InsurTech unicorn, has issued a stark warning to its investors regarding potential insolvency looming over the company.

In healthcare, precision and efficacy reign supreme. Despite significant technological advancements, challenges such as medication errors, patient safety concerns, and operational inefficiencies persist, posing risks to both individual outcomes and healthcare systems as a whole. Addressing these challenges effectively necessitates innovative solutions, as Scanbot SDK explains.

Watershed Health, a company dedicated to transforming patient care coordination in the healthcare sector, has successfully closed a funding round, raising $13.6m.

Open Road Insurance has announced its formation as a managing general agency (MGA) focusing on collector vehicle auto insurance.