Tag: Insurance

The InsurTech industry might evolve to become more personalised to the individual consumer post-pandemic, according to Direct Line CTO Sarah Greasley.

Insurance giant AXA has introduced STeP, a new digital claims solution to help customers simplify their motor insurance process.

Property and casualty insurer Chubb has acquired StreamLabs to improve its waterflow monitoring and claims capabilities.

Cyberattacks are an ever-increasing threat in the FinTech world and cybersecurity has become a top priority for most large businesses. However, SMEs mistakenly believe in the myth that their risk is low, therefore becoming a prime target for cybercriminals.

Amplify Life Insurance, a provider of permanent life insurance, has collected $2.5m in its seed round.

reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.

FRISS, an AI-powered end-to-end fraud prevention and detection solutions for P&C insurers, has collected $65m in its Series B round.

Spain-headquartered InsurTech company asistensi has reportedly collected ?8.9m in a funding round, which was led by 468 Capital.

AI-powered Insurance pricing software developer Akur8 has expanded its European presence through a partnership with VIG Poland entities, Beesafe and Compensa.

South Africa-based InsurTech company Pineapple has reportedly netted $3.4m in its Series A funding round, after experiencing 200% growth in six months.