InsurTech

Streamlined customer experiences are becoming increasingly important for insurers and to achieve this they need to implement an omnichannel experience, according to Scanbot CEO Christoph Wagner.

Marsh, a leading global insurance broker, has created a new group captive for clients seeking more control and stability in their cyber insurance programs.

Germany-based InsruTech startup InsureQ has reportedly collected €5m in its seed round, which will support the expansion of its offering.

The Black Car Fund, a not-for-profit organisation established by New York State, has announced its partnership with CLARA Analytics, a leader in the application...

Walmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and providing them with insurance coverage as it seeks to support MSMEs through the ongoing Covid-19-induced challenges in India.

In a constantly evolving landscape, insurance businesses grapple with macroeconomic trends impacting profitability and sustainability. From shifts in claims costs driven by inflation to the escalating risks posed by climate change, insurers face multifaceted challenges. State Farm and Allstate's retreat from California's home insurance market due to wildfire risks underscores the severity of these challenges.

InsurTech startup Obie raised a $10.7m Series A round led by Battery Ventures while also launching its new insurance product offering, which focuses on landlords and investment property owners.

Loadsure, an international InsurTech managing general agent (MGA) and Lloyd’s coverholder, has launched into the European market.

AI-powered insurance pricing solution Akur8 has closed its Series B on $30m to support its international expansion.

bolt, the largest technology-enabled InsurTech exchange in the country, has announced a significant partnership with Bamboo, an organisation delivering property and casualty insurance with a focus on simplicity, transparency, and savings.