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Ivorian healthtech startup Susu has $1M to scale its family-centric insurance product across Africa

TechCrunch

This isn’t an issue in developed markets, as healthcare systems change with the times to adequately provide healthcare when necessary. But in Africa, that’s not the case, as most people do not have access to quality healthcare due to the ill-equipped nature of hospitals and lack of insurance. .

Insurance 238
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8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

“Short term, it might be more difficult to raise at valuations we have seen before the public market adjustment, but with a strong business model and an experienced management team that understands the market and growth KPIs, it is possible,” she said. “We are simply seeing a reality check happen,” he said. “If

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Kettle books $25M for its reinsurance platform against fire and other catastrophes

TechCrunch

Today, an insurance startup called Kettle that believes it has built a better product — specifically, reinsurance underwriting product to insure insurers — to account for catastrophic events like these, by way of better data science, is announcing some funding on the heels of (sadly) more need for its services.

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Cybersecurity Snapshot: What’s in Store for 2024 in Cyberland? Check Out Tenable Experts’ Predictions for OT Security, AI, Cloud Security, IAM and more

Tenable

Their 2024 forecasts include: A bigger security role for cloud architects; a focus by ransomware gangs on OT systems in critical industries; an intensification of IAM attacks; and much more! Before issuing coverage, cyber insurers will conduct their due diligence process more stringently.

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CIOs in financial services embrace gen AI — but with caution

CIO

Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re. Cugini at KeyBank agrees, and adds that the exploration has to include a cross-functional team from all areas of the business, not just IT. “We However, developing and deploying an LLM is costly. Humans get fatigued.

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12 famous ERP disasters, dustups and disappointments

CIO

However, the measure of success has been historically at odds with the number of projects said to be overrunning or underperforming, as Panorama has noted that organizations have lowered their standards of success. million year-on-year drop in gross profit for the quarter following the go-live was primarily due to the ERP problem.

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Ghost Financial whips up new capital into finance tools for ghost kitchens

TechCrunch

So to get in front of the demand and further develop Ghost Financial’s first two core products, the company took in a $2.5 million pre-seed round to build engineering and marketing teams. Image Credits: Ghost Financial. Meyer cited research showing that by 2030, ghost kitchens will be a $1 trillion industry.

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