Tag: insurtech

Cake, a transactional marketplace tailored for independent insurance agents, has successfully concluded a pre-seed funding round, securing a $1.3m investment.

The insurance industry is undergoing rapid transformation, and as we embark on a new year, it’s essential to anticipate the key trends and developments...

Bupa, a British-founded global non-profit health insurance fund, has made a significant move towards supporting Australian healthcare startups with the launch of Bupa Ventures, a $20m venture capital fund.

HDI Embedded, a subsidiary of HDI offering embedded insurance solutions, has embarked on a strategic collaboration with German insurance startup Wefox and Italian telecommunications company WINDTRE. 

Marsh, a global leader in insurance broking and risk management, has announced the next phase of its digital trading initiative aimed at enhancing efficiency in the London insurance market.

InsurTech Optalitix and dynamic insurance pricing platform Quantee have announced a strategic partnership aimed at revolutionising insurance pricing.

Private equity investor LDC has made a significant investment in Uinsure, a rapidly expanding InsurTech business.

Actuaries, often dubbed as mathematical risk managers, play a pivotal role in the insurance industry. Their expertise in quantifying and managing risk is essential for insurers in a market where financial responsibility for potential negative outcomes is traded. However, determining the cost of this responsibility isn't a straightforward task; it involves estimating expected losses akin to manufacturing costs for tangible goods. Yet, setting a price demands more than just knowing costs; it requires calibrating profit margins to market realities and consumer behaviours. InsurTech Quantee delves into the intricate process, known as price optimisation.

Solera, a leading provider of vehicle lifecycle management solutions, joins forces with STELLA Automotive AI to introduce a groundbreaking solution named ServiceAgent AI.

Ushur, a leading provider of Customer Experience Automation solutions, continues to innovate with its latest major release, which includes the introduction of a key feature aimed at empowering citizen developers.