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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.

Insurance 269
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Applications and innovations in the Internet of Things (IoT)

Hacker Earth Developers Blog

The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. IoT ecosystems consist of internet-enabled smart devices that have integrated sensors, processors, and communication hardware to capture, analyze, and send data from their immediate environments.

IoT 283
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Revolutionizing Auto Insurance: How InsurTechs are Lowering Auto Insurance Costs with Usage-Based Policies

Trigent

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance. percent between 2023 and 2032.

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10 Trends of Artificial Intelligence (AI) in 2020

iTexico

10 Trends of Artificial Intelligence (AI) in 2020. Artificial Intelligence (AI) has been predictable for decades, probably because the technology was associated with robots. The Convergence of Blockchain, IoT, and AI. For instance, self-driven vehicles might not make much sense without IoT working with AI.

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Adversity breeds innovation

Capgemini

Prior to the ongoing COVID-19 pandemic, the insurance industry was working hard to overcome the perception of being antiquated and out of touch. Today, the challenges presented by a global health and economic crisis have insurance organizations scrambling to fully support a monumental shift in customer risk needs, demands, and expectations.

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Nowports streamlines LatAm’s shipping to deliver a $1.1B valuation

TechCrunch

Latin American startups have a steeper hill to climb, but this also drives them to innovate and help each other in interesting ways. Over time, it has expanded its offerings and now also automates insurance policies for, and provides inventory financing, to its clients. .

Fintech 186
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Drover AI is using computer vision to keep scooter riders off sidewalks

TechCrunch

The latter camp has largely leaned on the innovations of Drover AI , a Los Angeles-based startup that has tested and sold its attachable IoT module to the likes of Spin , Voi , Helbiz, Beam and Fenix to help operators improve scooter safety and, most importantly, win city permits. Drover, which was founded in May 2020, closed out a $5.4

IoT 220