Tag: Cybersecurity

AI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment...

Coalition, a cybersecurity-focused InsurTech firm specialising in Active Insurance, has secured a $30m equity investment from Mitsui Sumitomo Insurance, a key subsidiary of MS&AD Insurance Group, Japan’s largest non-life insurer and a major player across the Asia-Pacific region.

As the European Union's Digital Operational Resilience Act (DORA) comes into effect, KYND, a leader in cyber risk intelligence and management, is urging financial services firms to prioritise long-term cyber resilience within their operations.

Stoïk, a French InsurTech startup, recently secured Series B funding of €25m ($27m).

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.

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

In an increasingly digitised landscape, the InsurTech sector has leaned more on burgeoning technologies to enhance efficiency and productivity. However, amidst this rapid technological advancement, the significance of robust cybersecurity measures cannot be overstated. But how can you improve your company’s cybersecurity measures?

BOXX Insurance, an award-winning global InsurTech firm specialising in cyber protection and insurance, has forged a significant partnership with AXA, a leader in insurance and asset management.

63% of Singapore's insurance market is set to replace core management systems in 2024, according to a recent global study by Novidea. 

Coalition has announced a strategic partnership with MS&AD, in a significant move towards bolstering cybersecurity for small and medium-sized businesses (SMBs) in Japan.