Tag : Insurtech

Banking Blockchain Digital Payments Featured Finance Fintech Investments Security Technology

The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
by Prajakta Ayade0307
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
Mylo Partners with Ascend Pushing the Modernization of the Insurance Industry Forward
InsurTech News

Mylo Partners with Ascend Pushing the Modernization of the Insurance Industry Forward

PR Newswire
by PR Newswire0180
Ascend, the leading provider of financial operations automation software to the insurance industry, is proud to announce its strategic partnership with Mylo, an insurtech leader connecting individuals and business owners with top-rated insurance products from over a hundred carriers across multiple coverage lines. An Orange Partner of Vertafore, Ascend aims......
Token Security Emerges From Stealth With $7M, Introducing the Machine-First Era in Identity Security
Investments News Security

Token Security Emerges From Stealth With $7M, Introducing the Machine-First Era in Identity Security

Business Wire
by Business Wire0161
Token Security powers the evolution of identity security, helping minimize security risk while maintaining operational integrity in the age of AI-generated identities Token Security today emerged from stealth, launching its machine-first identity security platform and announcing $7 million in Seed funding led by TLV Partners with participation from SNR as......
Cover Genius Closes $80M in Series E Funding as Investors See $700 Billion Opportunity in Embedded Protection
InsurTech News

Cover Genius Closes $80M in Series E Funding as Investors See $700 Billion Opportunity in Embedded Protection

EIN Presswire
by EIN Presswire0244
Investment defies tech slowdown as insurtech achieves 107% year-over-year (YOY) revenue growth and protects more than 30 million customers worldwide Cover Genius, the leading insurtech for embedded protection, announced its $80 million Series E funding round. Despite the tech funding slowdown, the round was led by Spark Capital with support from existing......
Speakers & Agenda Announced for the 2024 Carrier Management InsurTech Summit
InsurTech News

Speakers & Agenda Announced for the 2024 Carrier Management InsurTech Summit

PR Newswire
by PR Newswire0168
This event will provide valuable insights not found elsewhere and is designed for: carrier executives, entrepreneurs and investors, insurance technologists, wholesale and retail agents, and other professionals. Carrier Management announced the agenda and speakers for The InsurTech Summit 2024. This event will provide valuable insights not found elsewhere and is designed......
South Korean Insurtech Carrot has Secured BBI (Behavior Based Insurance) Solution Project of Lippo General Insurance, Indonesia
InsurTech News

South Korean Insurtech Carrot has Secured BBI (Behavior Based Insurance) Solution Project of Lippo General Insurance, Indonesia

PR Newswire
by PR Newswire0151
Leveraging its accumulated data capabilities and experience, Carrot plans to create integral systems to facilitate LGI’s introduction of BBI product in Indonesia. Carrot General Insurance Corp. (“Carrot” or the “Company”) has taken its first step on the journey to becoming a global insurtech company. Carrot, South Korea’s largest digital insurance carrier, has announced......
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 Newswire0179
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......
Insurtech Hyperexponential Raises $73 Million Series B; Announces US Expansion
InsurTech News

Insurtech Hyperexponential Raises $73 Million Series B; Announces US Expansion

Fintech News Desk
by Fintech News Desk0316
Battery Ventures leads, Andreessen Horowitz (a16z) co-invests, and Highland Europe increases position Hyperexponential, a global leader in pricing decision intelligence (PDI) software, announced completion of its $73m Series B funding round led by global technology-focused investment firm Battery Ventures, with participation from leading Silicon Valley investor a16z, and existing Series......
Matic Partners With Paramount Residential Mortgage Group
InsurTech Mortgage News

Matic Partners With Paramount Residential Mortgage Group

Fintech News Desk
by Fintech News Desk0263
Matic to enhance property & casualty insurance offerings for PRMG customers By Global FinTech Series News Desk  Matic, a digital insurtech platform, and Paramount Residential Mortgage Group (PRMG), a national mortgage lender, announced an exclusive partnership to offer Property & Casualty (P&C) insurance products to PRMG customers.  The partnership will......
More than a Quarter (28%) of Americans with Health Insurance Can't Afford Their Deductibles
InsurTech News

More than a Quarter (28%) of Americans with Health Insurance Can’t Afford Their Deductibles

PR Newswire
by PR Newswire0299
For many Americans, basic health care is still unaffordable, even with health insurance The Affordable Care Act was introduced more than a decade ago, making several preventative services available at no charge to millions of Americans. But many are still struggling to financially cover their basic health care needs. In......
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