Tag: insurtech

Speed or quality: The AI dilemma disrupting the insurance sector

In the dynamic landscape of insurance, artificial intelligence (AI) has emerged as a game-changing element. The central subject of many debates at recent forums, such as the #everywoman insurance forum, is an AI-powered chatbot, Chat-GPT. InsurTech company distriBind has explored the role of ai and chatbots in insurance. 

Blink Parametric and GetCover revolutionise travel insurance with real-time solutions

Blink Parametric has partnered with Newpoint's GetCover.com, a pioneer of online direct-to-consumer travel insurance.

Breach blazes trail in crypto InsurTech with new funding

Breach, an up-and-coming InsurTech enterprise dedicated to devising insurance technology and products for the burgeoning cryptocurrency market, is riding high on the wave of success following its latest developments.

Climate risk startup Reask raises $6.55m to refine AI-driven weather modelling

Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.

Shift5 nets $33m to aid onboard data in commercial and military...

Shift5, a firm specialising in onboard data, has announced a $33m rise in its finances, bolstering its Series B round to an impressive $83m.

Molten Ventures reduces Revolut valuation by 40%

Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.

AI analytics leader EdgeTier lands €6m, spearheaded by Smedvig Capital

EdgeTier, the Dublin-based AI platform that revolutionises customer experience by leveraging conversational data, has announced the successful acquisition of €6m in Series A funding.

Chicago start-ups set for $10m climate change investment via 2c2i scheme

Chicago's local climate-focused start-ups are set to benefit from a significant investment initiative, 2c2i. The programme is a collaborative effort between the Exelon Foundation and Exelon Corporation, offering a significant financial impetus to innovative companies battling climate change.

Frankfurt-based InsurTech Thinksurance rakes in €22m

Thinksurance, a firm specialising in digital insurance consultations, has successfully raised a hefty €22m in its latest funding round.

Wallife unveils digital identity theft insurance to guard UK consumers

Wallife, the Italian InsurTech, has taken a bold step to protect UK consumers from the ever-growing risk of online threats. Known for its innovative insurance...

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