INSURBRIEF

May 1, 2024

News

Your Daily InsurTech Briefing – 2024-05-01

Let’s see what’s in the news today. Igloo inks partnerships with Zalopay, Lotte Finance, OPES, FE Credit to expand insurance excess in Vietnam Singapore-headquartered regional insurtech Igloo has partnered with Vietnam-based finance

News

PeppercornAI secures £3.25M for AI insurance innovation.

TLDR: PeppercornAI, an Insurtech company, raised £3.25M in a round from Wealth Club, EHE, and Angels Invest Wales despite a downturn in UK fintech and insurtech investments. Key points: The round was oversubscribed, indicating high interest in the company’s technology.

May 1, 2024

Akur8 chosen by Tokio Marine HCC for enhanced pricing abilities.

News

TLDR: Akur8 partners with Tokio Marine HCC to enhance insurance pricing strategies. Akur8’s Core Platform solution will enable Tokio Marine HCC to develop high-performing

Faura’s InsurTech startup nails $500k pre-seed funding.

News

Summary of InsurTech Startup Faura Secures $500k Pre-Seed Funding TLDR: InsurTech startup Faura secures $500k in pre-seed funding from various investors Company aims to

ZestyAI and Florida Peninsula revolutionize property risk assessment together.

News

TLDR: ZestyAI partners with Florida Peninsula to improve property risk assessment Partnership aims to enhance underwriting accuracy and customer experience ZestyAI, a leading provider

News

Igloo expands insurance excess in Vietnam with key partnerships.

May 1, 2024

Your Daily InsurTech Briefing – 2024-04-30

April 30, 2024

McKesson tech connects care providers, insurers, pharmacists to affordable treatments.

April 30, 2024

PhonePe invested Rs 800 crore in insurance, boosting business growth.

April 30, 2024

Ambac explores insurtech roles to utilize AI to the fullest.

April 30, 2024

Rainwalk Pet Insurance secures $4 million investment from ManchesterStory.

April 30, 2024

Get six-months free cover for the latest tech glitch at Esure.

April 30, 2024

Your Daily InsurTech Briefing – 2024-04-29

April 29, 2024

Tech

Rainwalk Pet Insurance secures $4 million investment from ManchesterStory.

TLDR: Rainwalk Pet Insurance has raised $4 million in Seed funding led by ManchesterStory. The funding will be used to fuel investments in people, product, and technology to differentiate Rainwalk’s pet health

Get six-months free cover for the latest tech glitch at Esure.

Esure offers customers six-months free cover for latest tech glitch TLDR: Esure is offering six months of free home insurance to customers affected by a technical error that prevents them from making

Your Daily InsurTech Briefing – 2024-04-29

Let’s see what’s in the news today. Kenya: InsurTech start-up uses AI to reduce waiting time With the number of health policies being taken out on the rise, insurance companies hope to

Macquarie teams up with Mosaic for Lloyd’s coverholder status.

TLDR: Macquarie Insurance Facility has gained Lloyd’s coverholder status and partnered with Mosaic Insurance to enhance its insurance offerings. The move aligns with Macquarie’s strategy to expand its premium volume and provide

World

News

Zywave revolutionizes insurance distribution with Cyber Quoting platform launch.

Key Elements of Zywave Article TLDR: Key Points: Zywave launches Cyber Quoting platform to simplify insurance distribution processes The platform connects global cyber insurers and U.S. distributors, streamlining data collection and offering valuable insights Key Elements of Zywave Article Zywave, a leading InsurTech provider,

PriyaPatel

Showcase

April 29, 2024

News

Introducing Prime Tech: Cowbell Co-Pilot boosts underwriting workflows with AI.

TLDR: Cowbell introduces Prime Tech with Cowbell Co-Pilot, a generative AI solution for underwriting workflows. Prime Tech combines cyber risk insurance with Technology Errors and Omissions primary coverage and uses AI to

News

UnitedHealth reports data breach by Change health hackers affecting many Americans.

Article Summary TLDR: TechCrunch is part of the Yahoo family of brands Cookies are used to provide sites and apps, authenticate users, apply security measures, prevent spam and abuse, and measure usage In the online world today, TechCrunch is just

April 29, 2024

Your Daily InsurTech Briefing – 2024-04-28

News

Let’s see what’s in the news today. Insurtech startups capitalise on soaring cybersecurity risks Experts say that today many companies are allocating a budget

California homeowners face crisis as insurers Tokio Marine, Trans Pacific exit

News

California Homeowners Insurance Crisis TLDR: California homeowners face a crisis as major insurers, Tokio Marine and Trans Pacific, exit the state, leaving many without

Business

Your Daily InsurTech Briefing – 2024-05-01

May 1, 2024

News

PeppercornAI secures £3.25M for AI insurance innovation.

May 1, 2024

News

Akur8 chosen by Tokio Marine HCC for enhanced pricing abilities.

May 1, 2024

News

TLDR: Akur8 partners with Tokio Marine HCC to enhance insurance pricing strategies. Akur8’s Core Platform solution will enable Tokio Marine HCC to develop high-performing pricing models. Akur8, the next-generation insurance pricing solution,

Faura’s InsurTech startup nails $500k pre-seed funding.

May 1, 2024

News

Summary of InsurTech Startup Faura Secures $500k Pre-Seed Funding TLDR: InsurTech startup Faura secures $500k in pre-seed funding from various investors Company aims to enhance resilience in the property insurance sector Key

Your Daily InsurTech Briefing – 2024-05-01

May 1, 2024

News

PeppercornAI secures £3.25M for AI insurance innovation.

May 1, 2024

News

Akur8 chosen by Tokio Marine HCC for enhanced pricing abilities.

May 1, 2024

News

Faura’s InsurTech startup nails $500k pre-seed funding.

May 1, 2024

News

ZestyAI and Florida Peninsula revolutionize property risk assessment together.

May 1, 2024

News

TLDR: ZestyAI partners with Florida Peninsula to improve property risk assessment Partnership aims to enhance underwriting accuracy and customer experience ZestyAI, a leading provider of property risk analytics solutions, has partnered with

Igloo expands insurance excess in Vietnam with key partnerships.

May 1, 2024

News

TLDR: Igloo partners with Zalopay, Lotte Finance, OPES, and FE Credit to expand insurance excess in Vietnam. The partnerships aim to offer popular insurance products and tailored solutions for tech-savvy Vietnamese individuals.

Your Daily InsurTech Briefing – 2024-04-30

April 30, 2024

News

Let’s see what’s in the news today. Esure offers customers six-months free cover for latest tech glitch Esure has confirmed that it has offered six months free home insurance to “a small

McKesson tech connects care providers, insurers, pharmacists to affordable treatments.

April 30, 2024

News

TLDR: McKesson’s technology helps connect patients to affordable and accessible treatments. The company provides systems and mechanisms to equip care providers, insurance companies, and pharmacists with clinical and financial information. Key Elements:

PhonePe invested Rs 800 crore in insurance, boosting business growth.

April 30, 2024

News

TLDR: PhonePe has invested over Rs 800 crore in its insurance, wealth management, and ecommerce subsidiaries in the last year. PhonePe poured Rs 426 crore into its insurance unit, demonstrating a focus

Ambac explores insurtech roles to utilize AI to the fullest.

April 30, 2024

News

TLDR: Ambac Financial Group focuses on leveraging AI and advanced technology in insurtech. Data intelligence is essential for producing top-quartile underwriting results. Unleashing the Power of AI in Insurtech Ambac Financial Group,

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