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Why thinking like a tech company is essential for your business’s survival

CIO

For us, that means remembering our core mission: providing risk management and insurance solutions to our customers in a way that helps them protect their businesses and families. And then, they start moving in that direction while staying flexible enough to adapt as the market evolves. They place bets.

Company 186
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TrustLayer raises $6M seed to become the ‘Carta for insurance’

TechCrunch

TrustLayer , which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 Twenty of the top 100 insurance agencies in the U.S. (as BrokerTech Ventures (BTV), a group consisting of 13 tech-focused insurance agencies in the U.S. million in a seed round.

Insurance 222
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The hamburger model is a winning go-to-market strategy

TechCrunch

Because the best go-to-market (GTM) strategies for startups are like hamburgers: The bottom bun: Bottom-up GTM. The bottom bun — users not leads: In a top-down sales model, marketing creates leads that are then converted into sales by enterprise reps. The hamburger go-to-market strategy. The answer is the hamburger model.

Marketing 303
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South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe

TechCrunch

Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however , this sector hasn’t raced to the stage as quickly as say, payments or lending. Image Credits: Root.

Insurance 216
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JLL, Khosla lead Jones’ $12.5M Series A for real estate vendor compliance

TechCrunch

Commercial real estate tenants and property managers have to abide by strict liability rules that any vendor entering the property must have insurance certificates and meet other requirements. Its technology can process an insurance certificate in less than an hour and reduce the overall vendor approval time to 2.5 Enter Jones.

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AI in action: Stories of how enterprises are transforming and modernizing

CIO

This solution is designed to accelerate platform modernization, streamline workflow assessment and enable data discovery, helping organizations drive efficiency, scalability and compliance, said Swati Malhotra, AI solutions leader at EXL. We should expect this trend to transition to more strategic foundations on embedding AI, Lim said.

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B2B marketplaces will be the next billion-dollar e-commerce startups

TechCrunch

In some B2B verticals, such as the veterinary supplies market, there is little consistency and transparency regarding the market price of any given item; instead, each buyer pays a bespoke price tied to contractual agreements. Insurance is designed to protect against damage to the goods in transit or theft.

B2B 363