TechCrunch

SEPTEMBER 20, 2022

That business, an API platform for insurance infrastructure, said on Tuesday it has raised $75 million in new funding. Zopper works with insurance providers and creates byte-sized, personalized products that it then supplies to distribution partners. Zopper’s current porfolio of Insurance coverage (Image credit: Zopper).

Insurance 226

Insurance Retail Banking Fintech 226

TechCrunch

MARCH 17, 2021

Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. billion people currently have access to insurance and some analysts say that digital firms could prove crucial in bringing these services to the masses. “India has an under-penetrated insurance market.

Insurance 298

Insurance Banking Policies Recruiting 298

Dataiku

APRIL 1, 2024

Innovation is difficult to achieve within insurance firms as evidenced by excessive levels of paperwork and processes customers are required to complete to make a claim or sign up for a new policy.

Insurance 59

Insurance Innovation Policies Testing 59

CIO

FEBRUARY 16, 2024

“Innovate or die,” Peter Drucker’s 1985 exhortation on the importance of constant reinvention, was great business advice for the last 40 or so years. This can be particularly challenging in heavily regulated industries such as healthcare, insurance, and finance.

Artificial Inteligence 315

Artificial Inteligence Innovation Artificial Intelligence Budget 315

TechCrunch

SEPTEMBER 10, 2021

Vouch , a provider of business insurance to startups and high-growth companies, announced today it has raised $90 million in new funding. While there are many insurance technology companies out there that serve consumers, there are far fewer that offer it to companies, much less startups. Insurtech is hot on both sides of the Atlantic.

Insurance 254

Insurance Policies Banking Groups 254

TechCrunch

MAY 14, 2023

million equity funding, and $275K grants from various entities such as the Google Black Founders Fund, Africa Business Heroes by Jack Ma Foundation, FbStart, and Lafiya Innovators by Impact Hub. Iortim believes that with suitable and specific data, insurance companies will be better placed to provide tailored products. “One

Insurance 262

Insurance Data IoT Storage 262

TechCrunch

AUGUST 19, 2021

Choosing an insurance policy is one of the most complicated financial decisions a person can make. The startup, which says it is the country’s largest direct-to-consumer insurance marketplace, announced today it has raised a $9 million Series A. PasarPolis also partners with Gojek to offer health and accident insurance to drivers.

Insurance 265

Insurance Automotive Policies Education 265

TechCrunch

FEBRUARY 2, 2021

TrustLayer , which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 Twenty of the top 100 insurance agencies in the U.S. (as BrokerTech Ventures (BTV), a group consisting of 13 tech-focused insurance agencies in the U.S. million in a seed round.

Insurance 222

Insurance Fintech Sport Blockchain 222

TechCrunch

NOVEMBER 11, 2021

Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however , this sector hasn’t raced to the stage as quickly as say, payments or lending. Image Credits: Root.

Insurance 216

Insurance Operating System Compliance Banking 216

TechCrunch

MARCH 15, 2022

Cybercrime is on the rise, and today an insurance startup that’s built an artificial intelligence-based platform to help manage the risks from that is announcing a big round of funding to meet the opportunity. “Underwriting cyber insurance for SMEs is a more dire prospect than for large enterprises,” he said.

Insurance 260

Insurance SMB Artificial Intelligence Artificial Inteligence 260

CIO

DECEMBER 1, 2022

For over 130 years, Hastings Mutual Insurance Company has served and protected its clients throughout the Midwest. In its push to modernize, the regional insurance provider also believed updating its client viewing system to provide a more intuitive, user-friendly experience would benefit its customers and employees alike.

Insurance 234

Insurance Open Source Policies Infrastructure 234

TechCrunch

DECEMBER 7, 2020

Getsafe , the digital-first insurance startup that initially launched with an app for home contents insurance, has closed $30 million in Series B funding. Getsafe, the German insurtech, brings its contents insurance app to UK. Last month, the pair launched digital car insurance optimised for smartphones.

Insurance 259

Insurance Policies Innovation Testing 259

TechCrunch

OCTOBER 4, 2021

Life insurance has had a new lease on life in the era of insuretech, and today one of the companies building a business out of rethinking everything — from target customers through to how to provision and pay for insurance, and how much coverage to give — is announcing some funding on the back of strong growth.

Insurance 248

Insurance Policies Fintech Innovation 248

TechCrunch

SEPTEMBER 22, 2021

The main point of contention arose around defining what constitutes customer-centric healthcare and Aoun’s stance that, regardless of what else is involved in a company’s approach, starting from a point of working with insurers disqualifies a company from making any consumer-centricity claims. ”

Insurance 202

Insurance Healthcare Virtualization Innovation 202

TechCrunch

NOVEMBER 24, 2020

startup that wants to take the hassle out of car ownership, is launching car insurance — unveiling its insurtech ambitions. Dubbed “Caura Protect,” the new insurance product claims to reduce the cost and time taken to insure a car, building on the app’s existing car management features. Caura , the U.K.

Insurance 256

Insurance Comparison Policies Mobile 256

CIO

NOVEMBER 15, 2023

The reason for this shift is simple: While CIOs can often call on talented teams of internal IT professionals to deliver business solutions, no technology department can be expected to generate every innovation necessary to compete in a fast-moving digital age. White says being an enabler isn’t a straightforward role, either.

Innovation 291

Innovation Leadership Technology Automotive 291

TechCrunch

APRIL 19, 2022

Only 21% of the 12 million registered vehicles on Nigerian roads have genuine motor insurance, as the rest either have fake certificates (owners are mostly unaware) or are not covered at all. Etap claim to enable motor vehicle owners to purchase insurance in 90 seconds and complete claims in three minutes. Image Credits: Etap.

Insurance 220

Insurance Automotive Mobile Technical Review 220

Coforge

NOVEMBER 16, 2023

58% of insurance customers believe that faster claims processing is a critical factor in their overall satisfaction. Streamline P&C insurance claims processing with our innovative solutions.

Insurance 52

Insurance Innovation Technology 52

TechCrunch

MARCH 4, 2021

Insurance agents spend hours handling paperwork and grabbing client information over the phone. The startup integrates with 85 insurance carriers, serving as the software layer instead of the provider. Using the InsurGrid platform, insurers can ask clients to upload information and within seconds be registered as a policyholder.

Insurance 245

Insurance Real Estate Policies Engineering 245

TechCrunch

APRIL 16, 2021

Founded in 2018, New York City-based Level says it’s “rebuilding insurance from the ground up” via flexible networks and real-time claims with the goal of helping employers and employees get the most out of their benefit dollars. . Insurance is confusing and often feels unfair.

Insurance 246

Insurance Network Budget Analytics 246

Perficient

FEBRUARY 28, 2024

With new risks, shifting market dynamics, and the unstoppable march of technology, the insurance industry finds itself at a crossroads. The imperative for transformation has never been clearer, and this is highlighted in Forrester’s report, The Future Of Insurance.

Insurance 59

Insurance Artificial Intelligence Artificial Inteligence Innovation 59

TechCrunch

MARCH 10, 2022

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. Insurance companies were losing a lot of money to fraud.

Insurance 232

Insurance Technical Review Systems Review Software Review 232

TechCrunch

MAY 5, 2021

It was way back in 2018 that Omni:us appeared to disrupt the insurance market by applying AI to this most legacy of all industries. where the insurance industry is enormous. is an insurtech startup that uses AI to help insurance companies settle claims within 24 hours. to speed up insurance claims. raises $2.5M

Insurance 225

Insurance Fashion Fintech Industry 225

TechCrunch

AUGUST 19, 2021

DigiSure, a digital insurance company that caters to modern mobility form factors like peer-to-peer marketplaces, is officially coming out of stealth to announce a $13.1 DigiSure says it goes beyond credit and driving history to give users a more personalized quote, and in the process helps operators lower their own insurance costs.

Insurance 246

Insurance Mobile Weak Development Team Machine Learning 246

CIO

SEPTEMBER 12, 2022

A shift has occurred and IT is now viewed as an equal partner in driving business growth with CIOs recognized as the de facto leaders of innovation. Here, they and others share seven ways to create and nurture a culture of innovation. Innovation is a double-edged sword: It is critical to growth — but that’s also what makes it risky. “It

Culture 314

Culture Innovation How To Artificial Inteligence 314

N2Growth Blog

DECEMBER 26, 2023

Understanding the Evolving Role of Insurance Executives in Today’s Risk Landscape The role of insurance executives has significantly changed today’s risk landscape. They are no longer responsible for managing risk but also for driving innovation, enhancing customer experiences, and achieving sustainable growth.

Insurance 94

Insurance Technical Review Development Team Review Culture 94

TechCrunch

NOVEMBER 9, 2020

Based in Hong Kong, Coherent helps insurance providers go digital. The Series A round, led by Cathay Innovation with participation from Franklin Templeton, will be used to grow Coherent’s client base in Asia, including insurers who want to add more digital services to their usual sales processes because of the pandemic.

Insurance 287

Insurance Innovation Policies Media 287

TechCrunch

JUNE 16, 2021

When Richard Joffe moved his family to Australia in 2019, he said applying for home insurance “was like traveling back in time 30 years.”. “I I found the sign-up process painful, the fine print was confusing and the insurance company was totally reactive, not proactive. million AUD (about $11.9

Insurance 245

Insurance Policies Travel Research 245

TechCrunch

APRIL 20, 2021

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

Insurance 266

Insurance Banking Fintech Infrastructure 266

Praxent

NOVEMBER 10, 2020

FSI Member Spotlight, Episode #1: How Regulations Impact Innovation in Insurance. For the inaugural episode of our Financial Services Innovators (FSI) Spotlights, Lance Vaughn, Praxent Senior Director of Innovation sat down with Caribou Honig, Chairman and Co-Founder of Insuretech Connect (ITC). The result?

Insurance 98

Insurance Innovation Compliance Trends 98

CIO

MAY 16, 2023

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0,

Innovation 210

Innovation Blockchain Artificial Intelligence Artificial Inteligence 210

Perficient

APRIL 3, 2024

Insurers are constantly striving to improve their operations, provide better experiences for customers, and minimize risks. Monica Gernert, a project manager, and insurance expert at Perficient, provided a critical perspective around genAI that’s quoted in the report. This kind of intelligence proves the noble purpose of insurance.”

Insurance 52

Insurance Report Technology Generative AI 52

TechCrunch

APRIL 11, 2022

Voyager Innovations , the owner of Philippines’ payment and financial services app PayMaya and neobank Maya Bank, announced today it has raised $210 million, bringing its valuation to $1.4 PayMaya owner Voyager Innovation raises $167M from KKR, Tencent and IFC, to launch digital bank in the Philippines.

Innovation 233

Innovation Banking Insurance Testing 233

Perficient

FEBRUARY 27, 2024

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Digitizing functional processes can lead to significant cost savings and efficiency gains.

Insurance 52

Insurance Trends Industry Artificial Intelligence 52

CIO

JUNE 13, 2023

The pace of innovation is relentless. The next generation promises to deliver the same unstoppable parade of innovation. The chain of transactions held in the distributed ledger might track insurance payments, car purchases, or any number of assets. Embracing an idea before it’s ready can be invigorating — if you’re right.

Innovation 328

Innovation Artificial Inteligence Weak Development Team Airlines 328

Dataiku

DECEMBER 8, 2020

“Much of the innovation in the insurance industry in recent years has been about creating new products that are delivered in old ways. Digital is the missing link.

Insurance 71

Insurance Innovation Groups Industry 71

TechCrunch

APRIL 8, 2021

Canvas Medical , an electronic health records (EHR) startup, today announced their $17 million Series A and a new partnership with Anthem, one of the biggest health insurance companies in the country. The round was co-led by Inspired Capital and IA Ventures, with participation from Upfront Ventures.

Insurance 190

Insurance Journal Study Innovation 190