Latest U.S. expansion News, Insights & Analysis - InsurTech Analyst

Faye secures $31m in Series B funding to elevate travel insurance technology

FinTech News

Faye secures $31m in Series B funding to elevate travel insurance...

July 30, 2024

Faye, the trailblazing travel platform, has successfully secured $31m in Series B funding, escalating its total capital to $49m.

Latest Analysis

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

Company News

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.

Company News

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.

Company News

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.

Company News

The changing face of health insurance

September 16, 2024