Tag: insurtech

Go.Compare has announced that it will integrate Optalitix’s distinctive motor and home insurance pricing solution, supported by Quantee, into its platform for insurers.

Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has expanded its capacity to underwrite companies with annual revenues of up to $1bn.

Akur8, a next-generation insurance pricing and reserving solution, has been selected by leading Spanish insurer Seguros Lagun Aro to streamline its insurance pricing process.

In the competitive world of insurance, the profitability of underwriting is closely linked to informed decision-making that efficiently mitigates risks and optimizes loss ratios. Traditional barriers, primarily the compartmentalisation of data, often hinder this objective.

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

Ryan Specialty, a leading international specialty insurance firm, has announced that London-based underwriter Tom Daniels has joined LifeScienceRisk as managing director of LifeScienceRisk International.

Health insurance plays a critical role in safeguarding individuals and families from the financial burdens of medical expenses, offering essential coverage and peace of mind during times of illness or injury. Traditionally, the industry relied on complex and rigid models, often burdened by lengthy paperwork, slow claims processing, and fragmented communication. However, the health insurance market is projected to reach a remarkable $2.38tn in gross written premiums by 2024, according to Statista. This comes amidst a significant shift towards digital platforms and telemedicine services.

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

Heritage Insurance, a leading property and casualty insurance holding company based in Tampa, Florida, has teamed up with Akur8, known for its next-generation insurance pricing solutions powered by transparent machine learning.

PropEco, a Glasgow-based tech company, recently secured a seed investment of £275,000. The company is known for its advanced technology platform that evaluates the long-term value and viability of properties with an innovative approach.