Life/Health Insurance

INSTANDA, a platform that enables carriers and MGAs to create, build and implement complex insurance products, has announced the integration of its Life offering with Swiss Re's underwriting platform.

Koltin, a Mexico-based InsurTech, has successfully raised $7.3m in a Series A funding round led by Left Lane Capital.

Amsterdam-based CarePay International, a health insurance platform dedicated to making healthcare more affordable and accessible, has announced it has raised €10m in funding.

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.

Trupanion, Inc., a leading global provider of medical insurance for cats and dogs, has announced the official launch of its high-quality pet insurance product in Germany and Switzerland.

MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

Hakbah, a Saudi-based FinTech platform focusing on digital savings, has announced a new partnership with Tawuniya to revolutionise the savings experience for Saudi citizens.

GoHealth, Inc., a leading health insurance marketplace, has entered into an agreement to acquire e-TeleQuote Insurance, a prominent Medicare insurance provider.

Solace, a digital health platform, has announced that it has raised $14m in its Series A funding round.