Tag: Digital Insurance
French InsurTech funding surged by 3x in 2024 as investors prioritised...
Key French InsurTech investment stats in 2024:
French InsurTech funding surged by 3x in 2024
Average deal increased to $31m as investors prioritised higher...
Munich Re acquires NEXT Insurance for $2.6bn to expand InsurTech footprint
Munich Re, a global reinsurance leader, has signed a definitive agreement to acquire NEXT Insurance, a digital-first small business insurer, in a deal worth $2.6bn.
Ridhi Chaudhary joins bolttech’s board to drive global InsurTech expansion
Global InsurTech firm bolttech, which operates a technology-driven insurance ecosystem, has announced the appointment of Ridhi Chaudhary, chief investment officer at Dragon Fund by Liquidity and MUFG, as a non-executive director.
India cemented its place as the leading InsurTech hub in Asia...
Key Asian InsurTech investment stats in 2024:
Asian InsurTech deal activity dropped by 64% YoY
India secured over a third of the Asian InsurTech...
AI-driven risk assessment propels the AI in insurance market to $141bn...
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...
Asian InsurTech funding plunged by 71% in 2024 as deals over...
Key Asian InsurTech investment stats in 2024:
Asian InsurTech funding plunged by 71%in 2024
Deals over $100m in 2024 reached a 5-year low
bolttech,...
Kin launches home insurance in California to address growing coverage gap
Kin, a direct-to-consumer digital home insurance provider, has officially launched its home insurance offering across the entire state of California.
Outdoorsy Group’s Roamly expands into Canada with Canadian Access acquisition
The Outdoorsy Group has announced the expansion of its InsurTech platform Roamly into Canada, marking a key step in its international growth strategy.
Napo raises €14.4m to revolutionise pet insurance with AI and automation
London-based InsurTech company, Napo, which specialises in pet insurance solutions, has successfully closed a €14.4m Series B funding round.
Only 20% of insurance execs are not considering AI for their...
359 senior insurance professionals were surveyed, managing over $13tn in assets on their balance sheets
Only 20% of respondents haven’t considered AI, whereas...











