CIO

JULY 31, 2023

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Second, RDA addresses post-NatCat planning to help insurers’ prioritize property inspections. trillion. “If

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TechCrunch

FEBRUARY 1, 2023

French startup Seyna is slowly building an all-in-one platform for insurance brokers so that they can create, sell and manage insurance products from scratch. As the name suggests, Seyna Claims empowers insurance brokers so that they can handle claims themselves. They also take a cut on insurance premiums.

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N2Growth Blog

OCTOBER 12, 2023

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

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TechCrunch

MAY 26, 2021

million funding round, offers insurance policies for companies who rely on third-party cloud providers, ecommerce services, payment gateways and CRM systems. Normally, when you have a pain caused by technology, you try to fix it with technology. The company, which today announced the close of a $17.5 Downtime is inevitable.

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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).

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CIO

JUNE 19, 2023

million people, with more than 400 sites of care, including six hospitals, and as the organization struggled with these issues, it quickly became apparent that insurance authorization for imaging and radiology services — a foundational diagnostic step before almost any care can begin — was a bottleneck.

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TechCrunch

APRIL 5, 2023

Construction insurance company Billy announced today the closing of an additional $2.5 The second model uses the data from the SaaS platform to operate a marketplace that provides insurance solutions. In construction tech, nobody has built workflows for the insurance industry,” Gutsa told TechCrunch.

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TechCrunch

JANUARY 24, 2022

Insurance broker and carrier marketplace Sayata took in $35 million in additional funds toward its Series A after raising $17 million in funds last August. Founded two years ago, the company offers a way for small and medium businesses to secure insurance. Securing business insurance takes a big chunk of a broker’s day.

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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.

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TechCrunch

MAY 6, 2022

The demand for more and enhanced automated experiences in our daily lives is growing, and the insurance sector is no exception. This points to a changing market where consumers have higher and different expectations for insurance experiences, based partly on the ease with which they now do other tasks digitally, like shopping and banking.

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TechCrunch

APRIL 10, 2023

The inability to accurately assess risk for insurance purposes is costing the industry a lot of money. The 1-year-old company developed a universal API for insurance data and is taking an approach of a “Plaid for insurance,” Cameron Duncan, co-founder and CEO of Axle, told TechCrunch. Axle is trying to change that. Duncan said.

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TechCrunch

APRIL 12, 2022

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

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TechCrunch

MAY 21, 2021

Melbourne O’Banion is co-founder and CEO of digital life insurance company Bestow. An estimated 41 million Americans say they need life insurance but have yet to purchase coverage. There’s latent demand for life insurance currently unaddressed by much of the financial services industry, and embedded finance can be the solution.

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TechCrunch

DECEMBER 10, 2020

Next Insurance , a startup that competes in the small business (SMB) insurance market, announced this morning that it has acquired its first company. Next Insurance raised $250 million earlier this year at a valuation of $2 billion , making it one of the richest startups to compete in the broad insurtech niche.

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CIO

DECEMBER 1, 2022

For over 130 years, Hastings Mutual Insurance Company has served and protected its clients throughout the Midwest. Although current operations were running optimally, Hastings understood that its PAS’s lack of integration with modern technologies would eventually create issues.

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TechCrunch

JULY 8, 2021

Lula , a Miami-based insurance infrastructure startup, announced today it has raised $18 million in a Series A round of funding. Existing backers such as Nextview Ventures and Florida Funders also put money in the round, in addition to a number of insurance and logistics groups such as Flexport.

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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.

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TechCrunch

AUGUST 10, 2021

Working in the world of disability insurance for a decade, Colin Nabity felt not everyone could access this type of insurance due to its nature of it being difficult to understand and underwrite. Disability and critical illness insurance is typically income protection should someone be too sick or hurt to work.

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TechCrunch

MARCH 9, 2021

Zego , the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Next up, the insurtech is betting big on offering insurance for fleets.

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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.

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TechCrunch

SEPTEMBER 21, 2021

Just Insure , a pay-per-mile insurance technology company, has raised $8 million in a funding round. . CrossCut Ventures, ManchesterStory and Western Technology Investments co-led the investment, which brings its total raised to $15.3 Image Credits: Just Insure. The company’s insurance policy is for 30 days.

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TechCrunch

JULY 6, 2021

The pet insurance and perks startup has closed on a $12.5 million Series A financing, led by Revolution Ventures with participation from Female Founders Fund, Clocktower Technology Ventures, and Vestigo Ventures. Most pet insurance providers cover the big emergencies, such as surgeries, broken bones, etc. Wagmo is no different.

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TechCrunch

MAY 18, 2022

How many people have stuck with the same auto insurance provider because the process of finding a new one feels overwhelming and painful? Trellis says it has built an API platform that lets consumers shop for car insurance policies by offering side-by-side comparisons, a way to buy a new plan and cancel their old plan — all at once.

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TechCrunch

OCTOBER 5, 2021

Sure , an insurance infrastructure startup, announced today that it has closed on $100 million in Series C funding at a $550 million valuation. Customers include Farmers Insurance, Chubb, Intuit, Betterment, Revolut, Carvana, several automotive manufacturers and a leading global credit card network. Berkley and Menlo Ventures.

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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.

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TechCrunch

SEPTEMBER 12, 2021

Health insurance is the kind of thing people usually only think about only when they need it. The startup is launching out of stealth today, having already raised $1 million in pre-seed funding from the Trans-Pacific Technology Fund (TPTF). . They created Rey to address the low penetration of life and health insurance in Indonesia.

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TechCrunch

MAY 25, 2022

Affordability is one of the biggest impediments for insurance penetration in Kenya. The API-powered platform is using technology to disrupt a market that is largely dominated by traditional insurance companies, many of which are reluctant to abandon lengthy paperwork, and traditional payment modalities for both premiums and claims. “We

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TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. While working with insurance companies they recognized how fast the insurance industry was modernizing, yet insurance sellers still struggled with customer experiences due to outdated payments processes.

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TechCrunch

JANUARY 27, 2022

Four months after a seed round, Ascend is back with its first big boost to enable the company to expand its “buy now, pay later” commercial insurance tool that combines financing, collections and payables. Its technology revolves around payments APIs that automate end-to-end insurance payments.

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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. Insurance executives must possess diverse skills and qualities to excel in this dynamic environment.

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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.

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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.

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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.

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TechCrunch

SEPTEMBER 7, 2021

technology industry, in particular in the upper ranks of it, it’s a notable detail worth pointing out, even as I hope that one day it will be less of a rarity. Shift Technology raises $220M at a $1B+ valuation to fight insurance fraud with AI. Marshmallow — a U.K.-based tech world. (To

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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.

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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. In a similar vein, Shift Technology in France has raised $100 million. where the insurance industry is enormous. to speed up insurance claims. It has now gone on to raise $44.1 raises $2.5M

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TechCrunch

MAY 20, 2022

Technology turned out to be a boon for pets during the pandemic. Without ready access to vets, pet owners turned to mobile apps to keep track of their pet’s health, often via educational content, and in some cases that was linked to insurance providers. Lassie’s biggest current competitors are Bought by Many (ManyPets) and Dalma.

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