Tag: insurtech

Despite the troubled global situation, the InsurTech sector managed to continue its yearly growth and hit a new record for annual investment volume.

The global InsurTech industry is expected to be worth $16.8bn by 2025 months after the sector enjoyed its best year yet.

InsurTech Koffie Labs has netted $4.5m in a venture financing round to fund the reinvention of the trucking and transportation insurance market.

Full steam ahead for online insurance technology platform Waterdrop Inc. which is preparing for its initial public offering (IPO) in the United States in the next quarter.

InsurTech Akur8 has inked a deal to help AXA Spain enhance the insurer's pricing process.

Online pet insurance company Pawlicy Advisor has scored $6.5m in its Series A funding round, to support the growth of its team.

Online health insurance platform Oscar Health has filed for an initial public offering.

Marble, a digital wallet and loyalty platform for insurance, has closed its seed round on $2.5m.

Insurance carriers have seen a heightened engagement from consumers during the pandemic, but they need to capture this demand while it lasts and foster a deeper, more engaging relationship with customers to maintain their interest.

Global InsurTech companies raised $6.21bn out of which United States accounted for more than $3.8bn