Tag: Insurance
Specialty finance firm Gracie Point closes $75m equity round
Gracie Point has secured closed a $75m issuance of preferred equity with investments from affiliates of Hudson Structured Capital Management (HSCM) and Kuvare.
Half of insurance customers would consider coverage from digital firms
A report by Capgemini and Efma has discovered that 50% of insurance customers are willing to consider coverage from digital-based firms.
Foxquilt bags funding to bolster growth in US and Canada
North American InsurTech company Foxquilt has bagged $8m in a funding round that will support its expansion across the US and Canada.
What will the rising individual financial risk mean for people
Power to impact markets has typically been held by governments, but big tech corporates and billionaires could be changing the landscape of power, but what will this mean for individuals?
How can InsurTechs secure strong growth in emerging economies?
One of the key recent trends in global insurance has been the growth of InsurTechs in emerging markets. Research by SwissRe previously forecasted that emerging market premiums would more than double over the next ten years and outpace advanced market premium growth by four times. Post-pandemic, is this forecast still relevant?
dacadoo teams with Foresters to launch new wellness platform
InsurTech software developer dacadoo has helped Foresters Financial design and launch a new service aimed at rewarding people for healthy lifestyles.
Vouch inks $90m in funding and expands insurance footprint
Business insurance firm Vouch has raised $90m in new funding as well as bolstering its reach in the InsurTech market.
Rey Assurance emerges out of stealth with $1m pre-seed
InsurTech Rey Assurance has reeled in $1m in pre-seed funding to unveil its subscription-based digital insurance products in Indonesia.
InsurTech Hiro and StepLadder team to boost prevention-first insurance offering
Hiro has partnered with collaborative finance firm StepLadder with the aim of bringing prevention-first insurance to its members.
Renters platform Jetty receives funding from American insurer
Jetty, which hopes to make renting more affordable, has received an investment from Farmers Insurance, an American insurer group.