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TechCrunch+ roundup: 3 key hiring metrics, building SDR teams, insurtech investor survey

TechCrunch

The expense involved in recruiting, training and onboarding a new employee who turns out to be a poor fit could be equivalent to 50% of that person’s first-year salary. “Pipeline generation at early-stage companies is expensive and time consuming, often more so than the sales process itself.

Metrics 242
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Ivorian healthtech startup Susu has $1M to scale its family-centric insurance product across Africa

TechCrunch

This isn’t an issue in developed markets, as healthcare systems change with the times to adequately provide healthcare when necessary. But in Africa, that’s not the case, as most people do not have access to quality healthcare due to the ill-equipped nature of hospitals and lack of insurance. .

Insurance 238
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TechCrunch+ roundup: Insurtech investor survey, H-1B red flags, SaaS sales coaching

TechCrunch

Similarly, everyone needs insurance. Between 2016 and 2022, insurtech startups received around $43 billion in funding, and despite the downturn, most of the investors that reporter Anna Heim recently surveyed said they’re still positive about the sector’s prospects: Martha Notaras, general partner, Brewer Lane Ventures.

Coaching 192
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3 areas where gen AI improves productivity — until its limits are exceeded

CIO

According to a research report IDC released in November, based on a survey of over 2,100 business leaders and decision makers with responsibility for AI transformation, 71% of companies already using AI are seeing returns on their AI investments within 14 months, averaging $3.50 for every $1 spent. “And

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CIOs in financial services embrace gen AI — but with caution

CIO

Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re. Cugini at KeyBank agrees, and adds that the exploration has to include a cross-functional team from all areas of the business, not just IT. “We However, developing and deploying an LLM is costly. Humans get fatigued.

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TechCrunch+ roundup: Generative AI for proptech, cloud vendor shopping, cybersecurity fairy tales

TechCrunch

“The opportunity for entrepreneurs in real estate tech across search, listings, mortgage, insurance, construction and sustainability is the kind that shows up once a generation.” Cybersecurity teams, beware: The defender’s dilemma is a lie Image Credits: A. What are they willing to sacrifice for their current solution?

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8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

“Short term, it might be more difficult to raise at valuations we have seen before the public market adjustment, but with a strong business model and an experienced management team that understands the market and growth KPIs, it is possible,” she said. “We are simply seeing a reality check happen,” he said. “If