Remove Insurance Remove Systems Review Remove Weak Development Team
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Case in point: taking stock of the CrowdStrike outages

CIO

What happened In CrowdStrikes own root cause analysis, the cybersecurity companys Falcon system deploys a sensor to user machines to monitor potential dangers. The company released a fix 78 minutes later, but making it required users to manually access the affected devices, reboot in safe mode, and delete a bad file. Trust, but verify.

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Unlocking the full potential of enterprise AI

CIO

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] Reliability and security is paramount.

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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. .

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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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Nigerian agritech startup Releaf secures $4.2M to scale its food processing technology

TechCrunch

And though Nigeria’s food processing systems have a keen resemblance to the West with respect to big factories and huge economies of scale in high-demand cities, farmers still suffer from poor logistics networks. When the pair started the company in 2017, the idea behind Releaf was not concrete yet as the team, based in the U.S.,

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The Interchange: Things go from bad to worse at Better.com

TechCrunch

Well before Better.com garnered negative media coverage due to the manner in which CEO and co-founder Vishal Garg callously laid off 900 employees, the controversial executive made headlines for being the target of multiple lawsuits by PIMCO, Goldman Sachs and other investors involving entities he controlled. Funding and M&A.

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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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