Chaucer introduces parametric cover for weather-driven business interruption losses
Chaucer, a leading insurance underwriting group, has introduced parametric cover to address weather-driven business interruption losses.
Frontier Risk raises $3m from Snoop Dogg-backed firm in seed round
Frontier Risk, a digital broker dedicated to the cannabis sector, announced that it has secured $3m in its seed funding round led by led by Snoop Dogg’s Casa Verde.
bolttech to expand into the Middle East through stc Group partnership
Bolttech, an international InsurTech, has announced its expansion into the Middle East with the launch of its partnership with stc Group.
KYND launches cyber risk management tools for MSPs
Cyber risk technology developer KYND has released the next generation of its cyber risk management for the managed service providers (MSP) sector.
Navigating extremes: The role of customer experience in a changing climate
We've been living through periods of extreme conditions for the past few years, with global pandemics, wildfires, flooding, ice storms, and the looming possibility of international conflict becoming alarmingly frequent. While we could easily brush these years off as a statistical anomaly, data analysis presents a starkly different narrative. It suggests that we are transitioning towards accepting these extremes as our new reality.
InsurTech innovator CarbonPool secures $12m to fortify carbon credit markets
CarbonPool, a trailblazing company at the intersection of insurance technology and environmental sustainability, has successfully completed a funding round, raising a significant CHF 10.5 million ($12m).
Scription pivots from hourly repairs to insured subscriptions with fresh $2.5m funding
Scription, an "Alberta-based InsurTech company", has successfully wrapped up its recent funding round, pulling in a substantial $2.5m.
SquareDash secures over $20m to transform payment processes for US contractors
SquareDash, a pioneering payment advance platform dedicated to the property insurance restoration industry, has successfully secured a significant investment to fuel its growth.
Tryg announces strategic restructuring and leadership changes
Scandinavian insurance giant Tryg has unveiled a series of strategic and structural modifications, including the consolidation of two key business lines and a significant workforce reduction.
Over 300 investors backed European InsurTechs in 2023
Investors flocked to back European InsurTech companies in 2023, with a total of 331 individual backers supporting the sector.