Tag: insurtech

Key European InsurTech investment stats in Q1 2024 • European InsurTech deal activity totalled at 16 transactions in Q1 2024, a 57% drop from Q1...

PremFina, a premium finance provider, and MyFirst, a specialist in insurance for young drivers, have announced a new strategic partnership aimed at assisting young...

Oka, a pioneering force in the carbon credit insurance market, has recently heralded the successful closure of a substantial $10m funding round.

CrashBay, the first digital marketplace dedicated to transforming the collision repair industry, has successfully closed a funding round of $1.25m.

The buzz around Generative Artificial Intelligence (AI) in the insurance sector is undeniable. Each keynote, panel, and networking break at business conferences seem to orbit the potential of AI to revolutionise the industry by generating content, streamlining processes, and enhancing efficiency. Yet, this growing excitement begs a critical question: Is Generative AI truly the breakthrough the insurance sector needs?

Iceberg Data Lab, a frontrunner in climate and biodiversity data solutions for financial institutions, has successfully completed the initial close of its Series A funding, securing US$10m (£8m).

Descartes Labs, a trailblazer in geospatial analytics and artificial intelligence (AI), has announced its acquisition of Geosite, a renowned SaaS provider known for delivering cutting-edge geospatial intelligence solutions to property and casualty insurance companies.

NEXT Insurance, a pioneer in the FinTech sector, specializes in delivering comprehensive, digital-first insurance solutions tailored for small businesses. Founded in 2016 and headquartered in Palo Alto, NEXT Insurance has transformed the small business insurance landscape through innovative technology and customer-centric services.

Boost Insurance, a pioneer in the InsurTech sector, and Amwins Program Underwriters, a leading entity within Amwins’ Underwriting Division, have recently announced their collaboration.

Novidea, an innovative leader in the InsurTech sector known for its cloud-based, data-driven insurance management platform, has recently welcomed Jeff Heine as its new...