TechCrunch

JANUARY 13, 2021

Car auto-insurance from legacy providers has structural bias built into it. It uses metrics such as credit score, income, marital status and education to figure out insurance rates, which eventually disproportionately hurts low-income individuals through high rates and low protection. How to rewrite the rules.

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CIO

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

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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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CIO

OCTOBER 31, 2024

The attacks, in which criminals frequently leverage social engineering to impersonate company insiders, C-suite executives or trusted vendors to request urgent payments, can financially devastate organizations. In cases where the victim cannot recover funds, it’s essential to have insurance policies in place to mitigate the financial loss.

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TechCrunch

JANUARY 25, 2021

Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. Agriculture insurance has traditionally relied on farm business. or Europe with typically large farms, an average insurance premium is $1,000.

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TechCrunch

OCTOBER 17, 2022

That, that, that don’t kill me, can only make me stronger ” : Two of our top stories for today centered on the same topic — Kanye West, who now goes by Ye, surprising us all by announcing he was going to buy the conservative social media site Parler. The TechCrunch Top 3. Manish has the basics on the deal.

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TechCrunch

NOVEMBER 2, 2020

When it comes to using algorithms and other formulae to determine what kinds of services you might offer to specific customers and at what price, the insurance industry is one of the oldest in the book. Insurance is a huge industry, with McKinsey estimating back in 2017 premiums of more than €4 trillion globally. Now, a U.K.

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TechCrunch

APRIL 24, 2023

Sarah writes that the social media giant is seeing a spike in one-star reviews, which include calling for its removal. 10 years of fintech failure: 3 more ideas that failed to live up to the initial hype Image Credits: TommL (opens in a new window) / Getty Images Do you remember P2P lending and on-demand insurance? Kirsten has more.

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Ooda Loop

MARCH 11, 2025

Attackers obtained Social Security and health insurance information. The impacted organizations were Hillcrest Convalescent Center, Gastroenterology Associates of Central Florida, Community Care Alliance, and Sunflower Medical Group. The largest attack was conducted upon Sunflower by the Rhysida ransomware group.

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Altexsoft

SEPTEMBER 27, 2020

Have you ever tried to check your insurance claim status? While some insurance carriers have made significant modifications courtesy of disruptive digitalization (we’ve already discussed this topic in our whitepaper), most companies trail behind. Insurants are not satisfied with their service providers.

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TechCrunch

JANUARY 11, 2023

This means PasarPolis will be able to offer new products and work with partners like Tokopedia, Gojek, Traveloka, Xiaomi and IKEA Indonesia to create custom insurance policies. . PasarPolis is able to underwrite insurance products because of its strategic partnership with Tap Insurance.

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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

OCTOBER 24, 2020

And we noted in our growth-rate piece that Next Insurance raised $250 million last month , which has missed our attention. Oh, and Chicago-based Clearcover has news out this week , which we care about given the impending Root Insurance IPO ( notes on its valuation here ). The two companies both insure drivers.

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CIO

MARCH 8, 2023

The pandemic accelerated the urgency for reform in health and social care around the world, which strained resources to unprecedented levels. It all reduces the ability to arrive at a budget settlement that shifts resources into the health and social care space. So you can see how my job has had to react to all of those stimulants.”

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TechCrunch

FEBRUARY 7, 2023

also has integrated with government services such as Mudad for digital payroll and compliance, mandated by the country’s ministry of labor; the General Organization for Social Insurance (GOSI), and Muqeem, the foreign employee’s data platform. For instance, in Saudi Arabia, palm.hr We want to make palm.hr billion by 2028.

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TechCrunch

MAY 28, 2021

the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. A new startup called Justos claims it will be the first Brazilian insurer to use drivers’ data to reward those who drive safely by offering “fairer” prices. The process to get insurance in the country, by any accounts, is a slow one.

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TechCrunch

MAY 9, 2023

Features include faster access to their Social Security check, 3% earnings on balances and no monthly fees or minimums. To help older adults adjust, Charlie will let customers withdraw t heir Social Security benefit up to four weeks early. But once they retire, they go into “deaccumulation mode.” That can be scary and challenging.

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TechCrunch

APRIL 6, 2022

With the fresh capital, SmartHop aims to focus more on its fintech products, like the company’s fuel card program that offers fuel discounts and other perks, or SmartHop’s insurance offerings. It tasks the bodies and minds of truckers as they spend hours in social isolation and physical discomfort.

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TechCrunch

FEBRUARY 1, 2021

According to the company, factors that influenced these numbers last year included launching an iOS app that drove customer acquisition, introducing its USSD banking feature for lower-income customers; and a social chat feature to enable faster transactions. . Image Credits: Carbon.

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TechCrunch

FEBRUARY 27, 2023

If you tell a driver their insurance premium will go down if they drive more safely, then – it turns out – they will probably drive more safely. So it’s fascinating to think that research into how to insure drones led to the creation of UK startup Flock , which uses real-time data to insure car fleets.

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TechCrunch

MARCH 23, 2023

In the wake of SVB’s crash, Intrepid has implemented services like higher Federal Deposit Insurance Corporation insurance and sweep accounts. Intrepid also provides social resources, such as introductions and events, for those looking to grow their business networks.

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Kaseya

AUGUST 22, 2022

Educating your audience about the importance of cyber insurance is the most practical way you can help. How does speaking about cyber insurance help you sell your MSP services? You might be wondering how recommending cyber insurance to your clients will help you sell your MSP services. We Have a Lot More in Store for You.

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TechCrunch

MAY 10, 2021

Another challenge that I saw is that there were hardly any options for insurance and retirement services for immigrants and low-income people,” Parekh said. In partnership with Avibra, Fair is offering free supplemental life, accident medical and AD&D insurance to all members as part of its banking services.

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TechCrunch

OCTOBER 24, 2021

Justos , a startup that says it will be the first insurance company in Brazil to use data when determining rates, has raised a $35.8 The process to get insurance in the country, by any accounts, is a slow one. It takes up to 72 hours to receive initial coverage and two weeks to receive the final insurance policy.

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Cloudera

NOVEMBER 4, 2020

Insurance is no different. Insurance is not something the average consumer thinks about every day but when a life changing event happens, insurance becomes extremely important. It is in this “Moment of Truth” that insurers excel or fail. To provide the best price, the insurer needs to better understand their customer.

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TechCrunch

AUGUST 2, 2022

Right from the launch of its first product in 2020, Kenyan insurtech Lami Technologies set out to increase insurance penetration in Kenya and the rest of Africa. These plans also include enabling the digitization of traditional insurers as innovation continues to shape the industry.

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TechCrunch

OCTOBER 1, 2022

Founded in June 2019, Bizbaz offers its proprietary customer intelligence and risk management solutions to banks, insurance companies and fintech startups. Several firms in Asia are taking a similar approach today, sifting through people’s social media profiles and telco records.

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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. Driven by a viable business model, the startup, which also has operations in Uganda and Nigeria, has entered its growth phase and is eyeing more partnerships in a bid to drive mass market insurance adoption in Africa.

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Kaseya

DECEMBER 16, 2021

insurance giant, CNA Financial Corporation, was attacked by the ransomware group Phoenix and ended up paying a ransom of $40 million. Is cyber liability insurance beneficial for MSPs? Today, most businesses deal with sensitive customer data such as account numbers, social security numbers, health records, card details, etc.

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TechCrunch

OCTOBER 27, 2020

How do we build humanistic societies with strong social fabrics that enliven, enrich, and build meaning for our lives? While America deservedly receives huge criticism for its overpriced and under-insured system, health systems worldwide face incredible pressures to improve efficiency. Then there’s the health system in general.

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TechCrunch

MARCH 23, 2021

FanPlay is a platform for social media influencers, helping them monetize by playing mobile games with their fans and followers. billion people currently have access to insurance and some analysts say that digital firms could prove crucial in bringing these services to the masses. Most insurance policies in India are sold by agents.

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TechCrunch

SEPTEMBER 14, 2021

As such, the company says its software can authenticate where photos were taken and prove that they were not manipulated since there are an increasing number of deceptive photos and personal information that can be purchased on the Dark Web, social media and via software that can change the metadata of an image’s time or location.

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TechCrunch

NOVEMBER 17, 2020

Hover — which has built a platform that uses eight basic smartphone photos to patch together a 3D image of your home that can then be used by contractors, insurance companies and others to assess a repair, price out the job, and then order the parts to do the work — has raised $60 million in new funding.

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Ooda Loop

APRIL 16, 2025

Two data breaches as insurance administrator Landmark Admin and software solutions provider Young Consulting have impacted over 2.6 Social Security, […] The post 2.6 million individuals. Landmark Admin notified around 800,000 people that it had fallen victim to a ransomware attack back in October 2024.

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TechCrunch

DECEMBER 15, 2021

The List joins the social commerce movement with a new app connecting consumers with global luxury brands and retailers to offer a personalized discovery and shopping experience. Its new app is an extension of the marketplace, merging content, social networking and live commerce.

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TechCrunch

FEBRUARY 15, 2022

The duo aims to provide premium fitness content that is easily accessible, with a social fitness experience that helps people find motivation. Peerfit connects employers, brokers and insurance carriers to local fitness experiences and wellness services and has more than 13,000 employer customers.

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TechCrunch

NOVEMBER 18, 2021

But the bigger picture is that the company is aiming to fill a major “information gap” facing insurance companies along the way. . In some sense, EasyHealth is reminiscent of insurance brokerages — third parties that help people pick between Medicare-eligible insurance plans.

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