Tag: property insurance

District Cover raises $6m for new insurance products

District Cover, a tech-enabled insurance agency focused on expanding access to insurance for America’s urban business communities, has raised $6m in fresh funding. The company...

Deferred repairs pose $317bn threat to insurers

A new study from ZestyAI has found that over 60% of U.S. homeowners are postponing critical home maintenance, potentially exposing insurers to an eye-watering $317bn in claims.

InsurTech RoofMarketplace lands $7m Series A funding

RoofMarketplace, an InsurTech company reinventing the roofing claims process, has marked a significant milestone with a strategic funding round and leadership update.

ZestyAI bags $15m from CIBC to scale AI risk platform

ZestyAI, a US-based InsurTech company specialising in AI-powered risk analytics for the property and casualty insurance sector, has secured a $15m credit facility from CIBC Innovation Banking.

Totalis launches Spotlight to revolutionise insurance for entertainment support businesses

Totalis Program Underwriters has introduced a new managing general agent, Spotlight Entertainment Insurance, to address the unique insurance needs of businesses supporting production companies in the entertainment sector.

Nearmap and itel join forces to streamline insurance claims and underwriting

Nearmap has announced the acquisition of itel, a move set to reshape the property insurance landscape by combining two trusted sources of underwriting and claims data.

AI meets human insight in IntellectAI’s new underwriting solution

IntellectAI has introduced a new breed of AI-driven underwriting tools designed to elevate decision-making across commercial and specialty lines.

ZestyAI secures regulatory approval for Severe Convective Storm Suite across five...

ZestyAI, a leader in property and climate risk analytics, has announced regulatory approval of its Severe Convective Storm (SCS) Suite in Oklahoma, North Carolina, Louisiana, Wisconsin, and Arkansas.

ResiQuant raises $4m to revolutionise property insurance with AI-powered insights

InsurTech startup ResiQuant, which specialises in property risk assessment, has raised $4m in a seed funding round led by LDV Capital.

Kin launches home insurance in California to address growing coverage gap

Kin, a direct-to-consumer digital home insurance provider, has officially launched its home insurance offering across the entire state of California.

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