TechCrunch

FEBRUARY 2, 2021

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.

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TechCrunch

SEPTEMBER 10, 2021

Vouch , a provider of business insurance to startups and high-growth companies, announced today it has raised $90 million in new funding. While there are many insurance technology companies out there that serve consumers, there are far fewer that offer it to companies, much less startups. Insurtech is hot on both sides of the Atlantic.

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TechCrunch

JUNE 9, 2021

Branch Insurance , a startup offering bundled home and auto insurance, has raised $50 million in a Series B funding round led by Anthemis Group. He then went on to build Esurance’s first online home insurance business. We are a full-stack insurance company transforming the way people think about their home and car insurance.”.

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TechCrunch

AUGUST 19, 2021

Choosing an insurance policy is one of the most complicated financial decisions a person can make. The startup, which says it is the country’s largest direct-to-consumer insurance marketplace, announced today it has raised a $9 million Series A. PasarPolis also partners with Gojek to offer health and accident insurance to drivers.

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CIO

FEBRUARY 16, 2024

“Innovate or die,” Peter Drucker’s 1985 exhortation on the importance of constant reinvention, was great business advice for the last 40 or so years. This can be particularly challenging in heavily regulated industries such as healthcare, insurance, and finance.

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CIO

DECEMBER 1, 2022

For over 130 years, Hastings Mutual Insurance Company has served and protected its clients throughout the Midwest. Hastings management decided on a proactive approach, taking on the challenge of modernizing its existing mainframe operations to an open-source environment to remain competitive in future markets.

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TechCrunch

OCTOBER 4, 2021

Life insurance has had a new lease on life in the era of insuretech, and today one of the companies building a business out of rethinking everything — from target customers through to how to provision and pay for insurance, and how much coverage to give — is announcing some funding on the back of strong growth.

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TechCrunch

MARCH 10, 2022

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. without the outsized market of South Africa.

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TechCrunch

MAY 5, 2021

It was way back in 2018 that Omni:us appeared to disrupt the insurance market by applying AI to this most legacy of all industries. startup aims to do something similar, but this time it will be coming out of the key market of the U.K., where the insurance industry is enormous. to speed up insurance claims.

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CIO

NOVEMBER 15, 2023

The reason for this shift is simple: While CIOs can often call on talented teams of internal IT professionals to deliver business solutions, no technology department can be expected to generate every innovation necessary to compete in a fast-moving digital age. White says being an enabler isn’t a straightforward role, either.

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TechCrunch

APRIL 19, 2021

Alan has been building health insurance products from scratch. When I first covered the company back in 2016 , the startup had just managed to get approval from regulators to become an official health insurance company. Like other insurance companies, Alan has some capital requirements to comply with health insurance regulation.

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TechCrunch

APRIL 19, 2022

Tokio Marine , a Tokyo-headquartered insurance corporation, said Tuesday it has launched its $42 million corporate venture capital (CVC) fund, dubbed Tokio Marine Future Fund, to invest in early-stage startups around the world. . Corporate venture capital follows the same trend as other VC markets: Up.

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TechCrunch

NOVEMBER 9, 2020

Based in Hong Kong, Coherent helps insurance providers go digital. The Series A round, led by Cathay Innovation with participation from Franklin Templeton, will be used to grow Coherent’s client base in Asia, including insurers who want to add more digital services to their usual sales processes because of the pandemic.

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TechCrunch

SEPTEMBER 30, 2022

As the markets turned early this year, insurtech left most generalist investors’ playbooks almost as fast as Metromile and its peers’ plummeting valuations. If you are solving a real pain point as an enterprise software company, tech providers or insurers might be interested in acquiring you.

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TechCrunch

APRIL 20, 2021

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

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CIO

MAY 16, 2023

The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0,

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CIO

SEPTEMBER 26, 2024

These forward-thinking executives have been instrumental in shaping the Kingdom’s future through groundbreaking innovations and resilience, earning their place among the region’s elite. Sulaiman Abdullah Alkharashi, SME Bank Wael A Alfattani, General Authority for Competition Jason E.

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CIO

OCTOBER 20, 2024

Set for Tuesday 19 November, the CIO100 ASEAN Awards event will bring together the top senior technology executives and teams in Southeast Asia and Hong Kong driving innovation and influencing rapid change. Our Next CIO winner will be an individual who exceeds expectations while driving innovation through their organisation.

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Capgemini

NOVEMBER 18, 2024

Navigating Transformation: Key priorities for Insurance CFOs in an evolving sector Amit Bhaskar Nov 07, 2024 With rising customer awareness of risks and pricing, insurers are prioritizing engaging experiences with differentiated products, and need CFOs to become more open, accurate, responsive, transparent, and efficient.

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CIO

SEPTEMBER 12, 2022

A shift has occurred and IT is now viewed as an equal partner in driving business growth with CIOs recognized as the de facto leaders of innovation. Here, they and others share seven ways to create and nurture a culture of innovation. Innovation is a double-edged sword: It is critical to growth — but that’s also what makes it risky. “It

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Praxent

NOVEMBER 10, 2020

FSI Member Spotlight, Episode #1: How Regulations Impact Innovation in Insurance. For the inaugural episode of our Financial Services Innovators (FSI) Spotlights, Lance Vaughn, Praxent Senior Director of Innovation sat down with Caribou Honig, Chairman and Co-Founder of Insuretech Connect (ITC). The result?

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Perficient

FEBRUARY 28, 2024

With new risks, shifting market dynamics, and the unstoppable march of technology, the insurance industry finds itself at a crossroads. The imperative for transformation has never been clearer, and this is highlighted in Forrester’s report, The Future Of Insurance.

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N2Growth Blog

DECEMBER 26, 2023

Understanding the Evolving Role of Insurance Executives in Today’s Risk Landscape The role of insurance executives has significantly changed today’s risk landscape. They are no longer responsible for managing risk but also for driving innovation, enhancing customer experiences, and achieving sustainable growth.

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TechCrunch

OCTOBER 15, 2021

But with the region’s thirst for innovation, the market is expected to expand nearly tenfold over the next decade, with open banking through the use of APIs leading the way and acting as digital transformation facilitators. Fintech regulations in Latin America could fuel growth or freeze out startups.

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TechCrunch

APRIL 8, 2021

Canvas Medical , an electronic health records (EHR) startup, today announced their $17 million Series A and a new partnership with Anthem, one of the biggest health insurance companies in the country. The EHR market is extremely fragmented (there are several hundred EHR companies in the U.S.)

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MagmaLabs

NOVEMBER 4, 2024

As businesses strive to meet changing consumer demands and navigate a competitive landscape, AI is emerging as a key driver of innovation in finance. By harnessing predictive analytics, fintech firms can anticipate market shifts and consumer behavior, enabling them to make informed decisions and craft targeted marketing strategies.

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Capgemini

SEPTEMBER 12, 2024

Insuring the future with a payer-provider partnership Capgemini 10 September 2024 Facebook Twitter Linkedin New technologies and regulations make collaboration more valuable than ever In brief: New technologies and regulations are changing the healthcare landscape. For proactive health payers, these changes carry immense opportunity.

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CIO

NOVEMBER 18, 2024

Traditionally viewed as rock-solid and steady, the insurance industry is not exactly associated with taking big risks. We’ve broken up a large entity that required people to wait in line and put delivery people working on applications, business process improvement, and fintech innovation back in the hands of the business.”

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TechCrunch

MAY 17, 2023

The funding was led by Tokio Marine, Japan’s first insurance company, and life insurance leader MetLife through its subsidiary MetLife Next Gen Ventures. Bolttech’s Series B is closed to new interest from the market, but we continue to engage with the investor community in case of future opportunities,” he told TechCrunch.

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TechCrunch

MARCH 7, 2023

“Soci became an essential partner to brands for this transformation, which led to an increased need for brands to turn to technology to manage their presence in local digital market channels.” Khoury says he was inspired to found Soci by the dearth of options for brands to manage their presence across digital marketing channels.

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CIO

NOVEMBER 27, 2024

How does a business stand out in a competitive market with AI? By eliminating time-consuming tasks such as data entry, document processing, and report generation, AI allows teams to focus on higher-value, strategic initiatives that fuel innovation. are creating additional layers of accountability.

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Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities.

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Jeremiah Grossman

JUNE 27, 2024

Causes The InfoSec market is growing rapidly ( $172B annually with 10-12% CAGR ), leading to a high demand for skilled professionals across the corporate spectrum. The larger net effect can only serve to shift labor shortages from one area of the market to another and will do little to solve the overall industry shortage.

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TechCrunch

NOVEMBER 22, 2021

Most people in Africa wish to utilize various insurance products but are often deterred by the associated high premiums. It is, therefore, not surprising that insurance penetration across the continent remains marginal, with reported premiums per capita being 11 times lower than the world average, according to a McKinsey study.

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TechCrunch

SEPTEMBER 15, 2022

Insurance penetration in Africa is currently below 3% largely attributable to the slow adoption of innovation in the sector. However, a change-point is in the offing as insurtechs like the Kenya-based insurtech Turaco introduce new technologies and products that are disrupting the market. Kenyan insurtech Lami raises $3.7M

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CIO

AUGUST 20, 2024

It also automates some marketing functions, purchasing, and KPI management. There’s so many developers trying to find niches in the market,” he adds. “We Marolda sees an AI market developing where vendors create tools for specific small-business needs, such as accounting. The cost, Stuart says, was less than $1 million.

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TechCrunch

MAY 13, 2022

Like many legacy markets poised for change, the insurance industry has already seen its first wave of innovation. brought a centuries-old product into the digital era by giving customers a way to apply for insurance online. That’s because insurance, fundamentally, is about risk.

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