Tag: insurtech
The top 10 insurance industry predictions for 2024
The insurance industry is undergoing rapid transformation, and as we embark on a new year, it's essential to anticipate the key trends and developments shaping its future. InsurTech firm Novidea delves into its top ten predictions for the insurance sector in 2024.
Admiral partners with Google Cloud to enhance digital offerings
Admiral and Google Cloud have entered into a strategic partnership aimed at revolutionising the digital landscape of financial services in the UK.
Health Insurance firm Bupa unveils $20m VC fund for Aussie healthcare...
Bupa, a British-founded global non-profit health insurance fund, has made a significant move towards supporting Australian healthcare startups with the launch of Bupa Ventures, a $20m venture capital fund.
HDI Embedded, Wefox, and WINDTRE join forces for household appliance protection
HDI Embedded, a subsidiary of HDI offering embedded insurance solutions, has embarked on a strategic collaboration with German insurance startup Wefox and Italian telecommunications company WINDTRE.
Marsh advances digital trading initiative for London insurance market
Marsh, a global leader in insurance broking and risk management, has announced the next phase of its digital trading initiative aimed at enhancing efficiency in the London insurance market.
InsurTech Optalitix partners with Quantee to revolutionise insurance pricing
InsurTech Optalitix and dynamic insurance pricing platform Quantee have announced a strategic partnership aimed at revolutionising insurance pricing.
Over 300 unique investors backed European InsurTech companies during 2023
In total there were 331 unique investors in European Insurance companies during 2023. Techstars was the most active investor in European InsurTech companies with...
How customer experience can affect a bank’s profits
Elevating the customer experience stands as a crucial factor for fostering growth and bolstering brand reputation, particularly within the banking industry. It's imperative for banks to place a paramount focus on enhancing customer experience to both retain existing customers and cultivate new ones, thereby driving profitability. The profound impact of digital transformation on shaping a superior customer experience cannot be overstated. As technology continues to evolve at a rapid pace, banks find themselves at the forefront of this digital revolution, fundamentally altering how they interact with customers and operate within the industry. Customer lifecycle intelligence firm FullCircl, delves into this dilemma.
InsurTech Buddy lands $7m in latest funding round
InsurTech startup Buddy has secured a significant boost in funding, raising $7m from 49 investors, to bring its total funding to $8m.
LDC makes significant investment in Uinsure to support ambitious growth strategy
Private equity investor LDC has made a significant investment in Uinsure, a rapidly expanding InsurTech business.