Tag: Data

The European InsurTech deals sector suffered a sharp downturn in fortune in 2023, but the United Kingdom (UK) remained the pre-eminent force on the continent.

The digital transformation of the insurance industry has been underway for many years. Carriers have drastically improved their efficiency, speed and accuracy through the implementation of new technologies. Now the sector may be looking towards data analytics to make the latest leap in the space. 

Underwriting is one of the most important parts of insurance. Improving this process will help an insurer better evaluate risk and offer better prices. The key to this is correctly leveraging the magnitude of data that now exists.

Cloud-based InsurTech Novidea has revealed it has joined the ACORD Solutions Group (ASG) Licensed Integrator Partner program to expand its global presence in the market.

Data-based solution developer Certua has entered into a new partnership with Covéa Insurance in a bid to boost risk management for small businesses.

Only 42% of health insurers in Europe have a consumer facing app, despite the rising importance of digitalisation, according to a new whitepaper from Scanbot.

AgencyKPI, a business intelligence platform aimed at solving data issues in the insurance space, has scored $5m in its Series A round.

Three Hills Capital has acquired a “significant” minority stake in Trak Global Group, a telematics technology company.

Data-based solution developer Certua has acquired cloud-based insurance software builder Surely Group for an undisclosed amount.

Insurdata, a company aggregating peril-specific exposure and risk data, has closed a $3m funding round. The investment was led by London-based venture firm Anthemis and...