Tag: Insurance Technology

In the realm of technological infrastructure, the decision between deploying on-premises servers or cloud services is pivotal. This choice is not just a technicality but a strategic move that shapes a company's operational efficiency and financial outlay.

63% of Singapore's insurance market is set to replace core management systems in 2024, according to a recent global study by Novidea. 

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).

bluesheets, a trailblazing company from Singapore, specialises in AI automation software. In a significant financial milestone, the company has successfully raised US$6.5m in a Series A funding round.

In the fast-paced InsurTech realm, gaining insights from diverse markets is an invaluable opportunity; one not to be missed. Mike Scott, Sales Manager at Novidea, shares his insightful trip to the InsurTech Insights Asia conference in Hong Kong, shedding light on the challenges and opportunities within the Asia-Pacific insurance landscape.

Erie Strategic Ventures, the venture capital arm of Erie Insurance, has revealed strategic investments in three cutting-edge portfolio companies: Wagmo, Roots Automation, and Trust & Will.

Foxquilt, a leading North American InsurTech specialising in embedded small business insurance technology, has revealed a strategic and long-term capacity relationship with global insurance provider Markel.

InsurX, a trailblazing digital exchange equipped with algorithmic capabilities, has officially entered the London Direct & Facultative (D&F) Property market.

Korr, a New York City-based InsurTech startup, has successfully bagged $3.2m in their seed funding round.

Akur8, known for its next-generation insurance pricing solution powered by transparent machine learning, has recently announced a strategic partnership with Ohio Mutual Insurance Group.