Tag: Insurance Technology
LB Forsikring teams up with Akur8 to revolutionise P&C insurance pricing
Akur8, a pioneer in insurance pricing solutions utilising transparent machine learning, has recently partnered with LB Forsikring, a prominent Danish property and casualty (P&C) insurance firm.
InsurTech provider Peak3 secures $35m in Series A led by EQT
InsurTech provider Peak3, formerly known as ZA Tech, has raised $35m in a Series A funding round led by EQT, with participation from Alpha JWC Ventures.
Insurance software provider ISI secures investment from NexPhase Capital
NexPhase Capital, a private equity firm known for its thematic and operational focus, has announced an investment in Insurance Systems Inc., ISI, a provider of enterprise software solutions to the property and casualty insurance industry.
The impact of SaaS on financial crime prevention efficiency
SaaS adoption in the financial and insurance services sectors is projected to grow significantly, reaching more than $130bn by 2027, up from $54bn in 2022.
FinTech platform FintechOS secures $60m Series B+ led by Molten Ventures
Molten Ventures, a prominent venture capital firm specialising in high-growth technology businesses, has led a $60m Series B+ funding round in FintechOS, a leading end-to-end financial product management platform.
InsurTech startup CoverSure secures $4m to enhance insurance customisation
CoverSure, a consumer-focused InsurTech startup, has successfully raised $4m in its pre-series A funding round.
BimaPay secures $2m funding to revolutionise insurance technology in India
BimaPay Finsure has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line.
GradGuard expands coverage: New tuition protection program includes loss of employment
In a bid to bolster its tuition protection program, GradGuard, a leading provider of college tuition and renters insurance programs, has unveiled a significant enhancement.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions
PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Unlocking insurer success: The power of data integration with hx Renew
In the evolving landscape of insurance, the adage "knowledge is power" has never been more pertinent. This is especially true in an era where data acts as the lifeblood of decision-making processes.