Tag: Insurance Innovation

MENA InsureLab secures backing from TIC to boost InsurTech innovation

MENA InsureLab, an InsurTech accelerator and venture builder, has secured strategic backing from TIC Technology Innovation Capital, a US-based venture capital firm. The investment comes...

UK continues to lead European InsurTech with a third of all...

Key European InsurTech investment stats in 2024: European InsurTech deal activity dropped by 54% YoY UK companies secured a third of the deals as...

bolttech raises $100m in Series C to fuel global InsurTech expansion

bolttech, a global InsurTech provider focused on building a technology-enabled ecosystem for protection and insurance, has announced the successful closure of its Series C funding round.

Sure introduces a unified vision to modernise insurance distribution

Sure unveils a bold vision for the future of insurance, leveraging its innovative technology rails and network to redefine digital insurance distribution for carriers, brands, and consumers.

US and French companies occupied the top 10 InsurTech deals spots...

Key Global InsurTech investment stats in Q3 2024: Global InsurTech deal activity dropped by 49% YoY US and French companies completed all of the...

UK dominated European InsurTech deals as funding in the region increased...

Key European InsurTech investment stats in H1 2024: European InsurTech funding increased by 17% in H1 compared to the last six months of 2023...

Singapore-based Peak3 secured the largest Asian InsurTech deal as funding rounds...

Key Asian InsurTech investment stats in H1 2024: Asian InsurTech deal activity halved in the first half of the year YoY India secured 30%...

UK InsurTech market recorded zero deals over $100m in the first...

Key UK InsurTech investment stats in H1 2024: UK InsurTech investments continued to drop in H1 2024, which caused the region to not report...

Australian FinTech startup, Honey Insurance, raises $108m to enhance smart home...

Honey Insurance, an Australian home insurance startup, has just announced a significant boost in its journey to redefine the home insurance landscape.

Revolutionising insurance: The top 6 benefits of automating underwriting

The evolution from manual to automated systems in the insurance industry marks a significant leap towards efficiency and precision. This transition, driven by the need to overcome the limitations of traditional underwriting methods, has paved the way for a new era of insurance operations. An automated underwriting system stands at the forefront of this transformation, leveraging advanced analytics and algorithms to streamline decision-making and risk assessment processes.
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