Tag: insurtech

Marsh, the leading insurance broker and risk advisor, has introduced ReadyCell, in a bid to to simplify and empower organisations in their risk financing strategies.

Blue Cross, a renowned insurance provider trusted across Canada, and Blink Parametric, an innovative Ireland-based InsurTech company, have announced an extension of their partnership for another three years.

Riskcovry, a Mumbai-based InsurTech startup, has raised around $4.5m in a bridge funding round.

Vienna-based InsurTech hi.health has bagged €6m in a pre-Series A financing round, as it looks to expand across Europe.

Cowbell, a prominent insurance provider, has expanded its cyber insurance solutions to cater to mid-market businesses alongside its existing focus on small and medium-sized enterprises (SMEs).

Thales and Thirdstream, two prominent players in the tech world, are joining forces to redefine identity verification in Canada's financial landscape.

Jakarta-based Komunal, an innovative player in the FinTech sector, has successfully raised an additional $5.5m in its extended Series A funding round.

Majesco, a global provider of cloud insurance software solutions, has recently announced its acquisition of the Decision Research Corporation (DRC) business.

Technology is the cornerstone of the modern insurance sector, yet grappling with technical debt remains a significant challenge for many insurers. Technical debt arises when shortcuts in IT infrastructure accumulate, impeding sustained and robust practices for long-term growth, as Hyperexponential explain.

Bain Capital Insurance has invested $200m to establish The Mutual Group and revolutionise the landscape of mutual insurance.