TechCrunch

FEBRUARY 9, 2022

French startup Alan currently insures more than 200,000 people with its own health insurance contracts. With this new activity, called Alan-as-a-service, Alan essentially provides all the services that you need to run a health insurance in France — except that other insurance companies are creating those insurance products.

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CIO

JULY 31, 2023

Natural disasters have been increasing in frequency, severity, and diversity in recent years, pressuring insurers to be more efficient and to anticipate event and claim fallout. Second, RDA addresses post-NatCat planning to help insurers’ prioritize property inspections. trillion. “If

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TechCrunch

MARCH 16, 2023

With inflation sparking an increase in the cost of repairs, labor and claims, fees for insurance are similarly spiking across the board. Car insurance premiums rose 13.7% Home insurance, meanwhile, climbed 12.1% Fairmatic applies AI to commercial auto insurance. year-on-year, Policygenius found.

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TechCrunch

JANUARY 9, 2023

Superscript , an insurance broker and tech platform targeting SMEs and “high-growth” tech firms, has raised £45 million ($54 million) in a Series B round of funding. Founded out of London in 2015, Superscript constitutes two core insurance businesses: an online-only “self-serve” platform that’s available to U.K.

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TechCrunch

OCTOBER 26, 2022

Meet Evy , a French startup that is working on extended warranties and product protection insurance. The startup acts as an insurance broker and partners with Wakam to cover the risk — but it could also partner with other insurance companies in the future. Evy has created 25 tailor-made insurance programs in just a few months.

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TechCrunch

MARCH 29, 2023

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.

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TechCrunch

FEBRUARY 14, 2023

of Africans are insured , which is less than half the global average of 6.3%, making it the least insured continent in the world. But soon, the co-founders realized a much bigger problem facing healthcare, particularly as regards insurance. As many as 2.8% Despite the abysmal number, there’s some good news.

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TechCrunch

JANUARY 19, 2022

French startup Luko is acquiring German startup Coya in order to grow its European presence and get an insurance license from German regulator. Luko started as a home insurance company for both homeowners and renters. Luko started as a home insurance company for both homeowners and renters.

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TechCrunch

APRIL 21, 2023

The usual corollary of risk is insurance against it, but when it comes to cloud downtime, the insurance sector hasn’t fully caught up yet. Everything you need to know about cloud outage insurance by Anna Heim originally published on TechCrunch

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TechCrunch

APRIL 8, 2023

B2C When I reached out to investors recently for our latest insurtech survey , I was curious to know how the economy was affecting insurance purchase decisions and whether this made B2B companies more appealing to VCs than their B2C peers. Perhaps not the best call, but if it’s either food or better insurance, the choice becomes easier.

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TechCrunch

FEBRUARY 1, 2023

French startup Seyna is slowly building an all-in-one platform for insurance brokers so that they can create, sell and manage insurance products from scratch. As the name suggests, Seyna Claims empowers insurance brokers so that they can handle claims themselves. They also take a cut on insurance premiums.

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TechCrunch

MAY 26, 2021

million funding round, offers insurance policies for companies who rely on third-party cloud providers, ecommerce services, payment gateways and CRM systems. The combination of the pricing model and monitoring system means that this product that looks very different from the insurance policies we’re used to in another key way.

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TechCrunch

SEPTEMBER 20, 2022

That business, an API platform for insurance infrastructure, said on Tuesday it has raised $75 million in new funding. Zopper works with insurance providers and creates byte-sized, personalized products that it then supplies to distribution partners. Zopper’s current porfolio of Insurance coverage (Image credit: Zopper).

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TechCrunch

JANUARY 29, 2023

Founded by two insurance industry veterans, Eazy Digital wants to give small insurance companies in Southeast Asia the same advantage as their larger competitors. Its SaaS platform lets insurers digitize many parts of their operations, enabling them to scale up more efficiently.

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TechCrunch

MARCH 17, 2021

Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. billion people currently have access to insurance and some analysts say that digital firms could prove crucial in bringing these services to the masses. “India has an under-penetrated insurance market.

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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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TechCrunch

APRIL 5, 2023

Construction insurance company Billy announced today the closing of an additional $2.5 The second model uses the data from the SaaS platform to operate a marketplace that provides insurance solutions. In construction tech, nobody has built workflows for the insurance industry,” Gutsa told TechCrunch.

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TechCrunch

JANUARY 24, 2022

Insurance broker and carrier marketplace Sayata took in $35 million in additional funds toward its Series A after raising $17 million in funds last August. Founded two years ago, the company offers a way for small and medium businesses to secure insurance. Securing business insurance takes a big chunk of a broker’s day.

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TechCrunch

MARCH 18, 2021

Asteya , a Miami-based disability insurance startup that is geared toward small business owners and gig workers, launched today with a seed round of $10 million. Co-founder and CEO Alex Williamson, who was Bumble’s chief brand officer, describes Asteya as an “income insurance” startup. . Alex Williamson Image Credits: Asteya.

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TechCrunch

AUGUST 25, 2023

Uber has raised the minimum age requirement for new rides-hailing drivers in California to 25 years old due to what it described as “baselessly higher” commercial insurance costs in the state. The new policy will only apply to new drivers planning to use the rideshare platform.

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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

DECEMBER 7, 2020

Lemonade is launching its renters insurance in France. Lemonade has optimized its insurance product in different ways. First, it’s supposed to be easier to sign up with Lemonade compared with a legacy insurance company. Chances are you don’t think that much about renters insurance. Originally from the U.S.,

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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. In its push to modernize, the regional insurance provider also believed updating its client viewing system to provide a more intuitive, user-friendly experience would benefit its customers and employees alike.

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TechCrunch

JANUARY 23, 2023

Coverdash , providing small businesses, e-commerce merchants and gig-economy workers with insurance, launched its product in all 50 states after closing over $2.5 Coverdash’s insurance policy dashboard. We view Coverdash as the future of business insurance and embedded distribution.” million in seed capital.

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TechCrunch

APRIL 15, 2021

Fintech startup N26 is launching N26 Insurance as it plans to offer insurance products that you can access from the company’s mobile app and website. The first insurance product is a smartphone insurance plan for German customers. N26 Insurance is the first release of this new API-driven strategy.

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TechCrunch

APRIL 12, 2022

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. A growing cohort of startups including Alan, Tractable and Snapsheet offer tools to help customers navigate through the insurance claims process. ” Accelerating insurance claims.

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TechCrunch

OCTOBER 5, 2021

The average penetration rate for insurance in Africa is between 3% to 5%. The insurance market is still one of the industries least disrupted by technology on the continent. million seed round to provide insurance services for Egyptians. El Tohfa says the reason is that insurance companies do not prioritize individuals.

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TechCrunch

FEBRUARY 2, 2022

African countries are yet to catch up with social security and safety programs commonly used in the West, where the government provides health insurance and unemployment benefits to citizens. The general perception of insurance on the continent has been bland for years, and its penetration rate, except South Africa, is subpar.

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TechCrunch

DECEMBER 10, 2020

Next Insurance , a startup that competes in the small business (SMB) insurance market, announced this morning that it has acquired its first company. Next Insurance raised $250 million earlier this year at a valuation of $2 billion , making it one of the richest startups to compete in the broad insurtech niche.

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TechCrunch

JANUARY 13, 2022

The company offers an insurance product as well as a service that monitors your attack surface. We’re going to insure you and protect you,” co-founder and CEO Jules Veyrat told me. But what we’re going to sell is the insurance product. except that it doesn’t partner with brokers to distribute its insurance product.

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TechCrunch

MARCH 15, 2022

Cybercrime is on the rise, and today an insurance startup that’s built an artificial intelligence-based platform to help manage the risks from that is announcing a big round of funding to meet the opportunity. “Underwriting cyber insurance for SMEs is a more dire prospect than for large enterprises,” he said.

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TechCrunch

JULY 2, 2022

The Israel-based startup Notch is trying to see if insuring creators against Instagram hacks could offer a solution. TechCrunch reviewed a sample insurance policy, which quoted a $459 annual fee (or about $38 a month) for insurance that pays out $244 for each day that a creator can’t get into their account after a hack.

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TechCrunch

MAY 21, 2021

Melbourne O’Banion is co-founder and CEO of digital life insurance company Bestow. An estimated 41 million Americans say they need life insurance but have yet to purchase coverage. There’s latent demand for life insurance currently unaddressed by much of the financial services industry, and embedded finance can be the solution.

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TechCrunch

MAY 14, 2023

Figorr is also set to launch a risk management platform before the year ends, which will provide insurance companies with the data needed to introduce tailor-made products to their customers. Iortim believes that with suitable and specific data, insurance companies will be better placed to provide tailored products. “One

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TechCrunch

APRIL 10, 2023

The inability to accurately assess risk for insurance purposes is costing the industry a lot of money. The 1-year-old company developed a universal API for insurance data and is taking an approach of a “Plaid for insurance,” Cameron Duncan, co-founder and CEO of Axle, told TechCrunch. Axle is trying to change that. Duncan said.

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CIO

JUNE 19, 2023

million people, with more than 400 sites of care, including six hospitals, and as the organization struggled with these issues, it quickly became apparent that insurance authorization for imaging and radiology services — a foundational diagnostic step before almost any care can begin — was a bottleneck.

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TechCrunch

JULY 7, 2022

The latest is an insurance company called Ranger , which aims to elevate the agents in the insurance industry, rather than replace them. Most of the new-wave insurance platforms out there have been squarely focused on the end-consumer. But that’s where Ranger sees its future success.

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