Latest R&D News, Insights & Analysis - InsurTech Analyst

Gradient AI secures $56m Series C to enhance AI-driven InsurTech solutions

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Gradient AI secures $56m Series C to enhance AI-driven InsurTech solutions

July 30, 2024

Gradient AI, a foremost provider of AI solutions in the InsurTech sector, has successfully raised $56.1m in a Series C funding round.

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Sun Life US, a leading provider of insurance and employee benefits, has launched an enhanced claims integration system.

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Sun Life US launches seamless claims integration for multiple health benefits

September 16, 2024

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.

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Ryan Specialty appoints Tom Daniels as managing director of LifeScienceRisk International

September 16, 2024

Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round.

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Akur8 lands $120m in Series C to enhance its next-gen actuarial...

September 16, 2024

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.

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The changing face of health insurance

September 16, 2024