Search Results for: insurtech investment

KeyCorp and Blackstone Credit & Insurance Announce Forward Flow Origination Partnership
InsurTech News

KeyCorp and Blackstone Credit & Insurance Announce Forward Flow Origination Partnership

PR Newswire
by PR Newswire0
Blackstone and Key closed a transaction on a seed portfolio of middle market fund finance facilities. KeyCorp announced a forward flow origination partnership with Blackstone Credit & Insurance (“Blackstone”) focused on Key’s Specialty Finance Lending (SFL) group. SFL is a leading asset-based lender serving clients nationally across middle market, growth capital, transportation,......
Sure Released the 2024 State of Digital Insurance Report
InsurTech News

Sure Released the 2024 State of Digital Insurance Report

Fintech News Desk
by Fintech News Desk0
The new survey highlights the difficulties that organizations face as they develop new insurance programs in a market that has long been dominated by a handful of incumbent RSOs. Sure, the insurance technology company that unlocks the potential of digital insurance, released the 2024 State of Digital Insurance Report, revealing......
Pioneer in Cyber Insurance in Brazil Receives $1.5 Million Funding
InsurTech News

Pioneer in Cyber Insurance in Brazil Receives $1.5 Million Funding

PR Newswire
by PR Newswire0
The investment has already enabled the acquisition of Ismac.io, which developed an innovative Managed Detection and Response (MDR) platform. Bluecyber.insure, a pioneering insurtech in cyber insurance in Brazil, has received a $1.5 million investment from VCs Invisto.com.vc and Bossa Invest, as well as strategic investors from the insurance market. “This investment reflects the......
Wipro Invests in Aggne to Strengthen Consulting & Services Capabilities in the Insurance Sector
Fintech Investments News

Wipro Invests in Aggne to Strengthen Consulting & Services Capabilities in the Insurance Sector

Business Wire
by Business Wire0
With this investment, Wipro becomes a majority shareholder in Aggne, which brings to Wipro a highly sought-after and unique set of capabilities and Intellectual Property (IP) in the property & casualty (P&C) insurance space. Wipro Limited, a leading technology services and consulting company, today announced that it has made a......
Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology
Fintech Investments News

Korr Secures $3.2 Million in Seed Funding to Modernize Insurance with Cloud-Native Technology

PR Newswire
by PR Newswire0
The round was led by Motive Ventures along with Tokio Marine Future Fund, marking a significant step in Korr’s journey to modernise insurance technology. Korr, an insurtech startup based in New York City, announces the closing of a $3.2 million seed funding round. The round was led by Motive Ventures......
Sun Life US Calls for Mental Health Parity in Disability Insurance
InsurTech News

Sun Life US Calls for Mental Health Parity in Disability Insurance

PR Newswire
by PR Newswire0
Statement from Sun Life U.S. President, Dan Fishbein, M.D., on the ERISA Advisory Council’s recommendation to Congress Dan Fishbein, M.D., president of Sun Life U.S., released the following statement regarding the ERISA Advisory Council’s recommendation that Congress pass legislation to require mental health parity in long-term disability insurance. “Mental health is......
Neptune Flood Crosses $200 Million of Premium in Force, Becomes Primary Alternative to NFIP
InsurTech News

Neptune Flood Crosses $200 Million of Premium in Force, Becomes Primary Alternative to NFIP

PR Newswire
by PR Newswire0
Seven Insurance Industry Leaders Join Inaugural Advisory Board for Next Stage of Growth Neptune Flood, the largest private provider of flood insurance in the United States, has crossed $200 million of premium in force and adds seven members to its newly formed advisory board, it was announced today by Trevor Burgess, CEO of Neptune Flood.......
Banking Featured Finance Fintech Fintech Primers InsurTech Technology

Top 10 YouTube Channels For Fintech Banking

Pooja Choudhary
by Pooja Choudhary0
Do you want to be abreast of the newest developments in fintech, finance, banking, insurance, business, stock market, financial news, technology, entrepreneurship, and investing? If so, you should subscribe to the best YouTube channels that cover these topics and more. Stop right there! We’ve done the legwork and found the......
Featured Fintech Fintech Primers

What Is Financial Technology?

Pooja Choudhary
by Pooja Choudhary0
Visa, Mastercard, PayPal, Stripe, Plaid, Chime, Ripple, NuBank, Paytm, and the list can go on… In the current year, the fintech space is worth an astonishing figure of $179 billion. There are no less than reported 30,000 fintech startups. Feeling like you have heard or read these somewhere? Well, these......
Banking Featured Finance Technology

What Is Embedded Finance?

Pooja Choudhary
by Pooja Choudhary0
Introduction The global embedded finance market was worth USD 83.32 billion in 2023, and it is expected to be worth USD 622.9 billion by 2032, expanding at a compound annual growth rate (CAGR) of 25.4% between 2023 and 2032. Embedded finance’s rapid growth trajectory has attracted a lot of interest......
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