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South-african-insurtech-Naked-bags-$17m-in-Series-B-funding-car-and-home-insurance

Consumer Platforms

South African InsurTech Naked secures $17m

February 20, 2023

Naked, a South African AI-driven InsurTech company offering car and home insurance, has raised $17m in Series B funding.

Latest Analysis

Insurers face increasing pressure for transparent pricing, with calls for clarity and justification of premiums coming from management, agents, and customers alike. Transparency offers assurance and supports regulatory compliance. However, many insurers are now shifting towards data-driven pricing models that emphasise performance, customisation, and profitability over traditional transparency. Dynamic insurance pricing software provider Quantee explores the key reasons behind this evolving approach.

Company News

Why insurers are turning their back on transparent pricing

November 5, 2024

Swiss Re, a global reinsurance leader based in Switzerland, has announced the sale of its iptiQ European P&C business to Allianz Direct, the pan-European digital insurer of Allianz Group.

Company News

Swiss Re sells iptiQ’s European P&C arm to Allianz Direct as...

November 5, 2024

SchemeServe, a UK-based cloud provider of insurance software, has announced a new data partnership with Addresscloud to improve insurers’ capacity to deliver more accurate, data-backed premiums for individual properties.

Company News

Addresscloud and SchemeServe team up to advance data-driven decision-making for insurers

November 5, 2024

Stere, Inc., a leading InsurTech platform, and EPIC Insurance Brokers & Consultants (EPIC) have partnered to transform the insurance experience for small businesses by offering a streamlined, digital insurance solution.

Company News

Stere and EPIC Insurance Brokers partner to deliver embedded digital insurance...

November 5, 2024