Tag: Insurance Industry
US InsurTech investment activity in freefall as funding declined 78% YoY
Key US InsurTech investment stats in H1 2024:
US InsurTech market in a slump as funding dropped by 78% YoY
Healthee secured the biggest...
One Inc secures strategic investment from Nordic Capital to spearhead digital...
One Inc, a pioneering digital payments platform dedicated to revolutionising the North American insurance industry, has recently announced a significant new investment from Nordic Capital.
FullCircl’s response to BIBA’s 2024 Manifesto: A new era for UK...
FullCircl, a prominent player in the InsurTech sector, recently offered its perspectives on the British Insurance Brokers' Association's (BIBA) newly unveiled 2024 Manifesto.
One Inc partners with J.P. Morgan for enhanced claims payments
One Inc, a pioneering digital payments network focused exclusively on the insurance sector, and J.P. Morgan Payments, a global leader in payment processing, have announced a collaborative effort.
Greater Than’s data analytics enables ABAX to launch connected fleet insurance...
Greater Than has revealed that its highly-vaunted artificial intelligence (AI) software has enabled ABAX to launch a new and autonomous car insurance broker brand.
Prodigy adopts Gradient AI’s underwriting solution to enhance medical stop loss...
Prodigy Health Insurance Services is set to leverage Gradient AI's underwriting solution to bolster its medical stop loss insurance offerings.
Ascend and Embroker partner to revolutionise the insurance landscape
Ascend, a leading provider of financial operations automation software tailored for the insurance industry, has announced a strategic alliance with Embroker, that is set to revolutionise the insurance landscape.
The future of reinsurance: Technology and skills gap in focus
The state of reinsurance pricing in 2023 is under scrutiny. With the landscape of risks evolving at an unprecedented pace, reinsurers are facing significant barriers to optimally underwriting risks. A staggering 70% of underwriters acknowledge that this rapidly changing environment presents the greatest challenge to their ability to underwrite risks effectively.
Diesta, the InsurTech startup, raises $1.9m to streamline insurance payments
Diesta, the London-based InsurTech startup, has successfully closed a seed funding round, raising $1.9m.
Federato adds AI to underwriting platform with Google Cloud
Federato has announced an exciting partnership with Google Cloud to integrate advanced AI capabilities into its RiskOps underwriting platform.