Tag: Insurance Technology

Israeli startup GEOX, which specialises in leveraging artificial intelligence for real estate risk analysis, has announced a successful $19m Series A funding round.

In the competitive world of insurance, the profitability of underwriting is closely linked to informed decision-making that efficiently mitigates risks and optimizes loss ratios. Traditional barriers, primarily the compartmentalisation of data, often hinder this objective.

Key UK InsurTech investment stats in H1 2024: UK InsurTech investments continued to drop in H1 2024, which caused the region to not report...

Key US InsurTech investment stats in Q2 2024: US InsurTech funding dropped by 67% YoY during the second quarter The average deal size completed...

In the realm of insurance, consumer preferences are shifting significantly, with a major focus on technological advancements over cost.

Inscora, a Montreal-based startup, has secured $2m in funding to enhance its cyber insurance solutions.

Faye, the trailblazing travel platform, has successfully secured $31m in Series B funding, escalating its total capital to $49m.

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, formerly known as ZA Tech, has raised $35m in a Series A funding round led by EQT, with participation from Alpha JWC Ventures.

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.