San Francisco startup FurtherAI has raised $5 million in funding to enhance its AI solutions for the commercial insurance sector, led by Nexus Venture Partners…
In 2024, the global InsurTech market faced a significant downturn, with total funding dropping to $5 billion, a 35% decrease from 2023 and a 64%…
In 2024, the French InsurTech sector is witnessing a remarkable transformation, with funding skyrocketing to $465 million, a tripling from $111 million in 2023. Although…
Admiral has formed a strategic partnership with FinTech West to enhance the InsurTech ecosystem in the South West of England, particularly focusing on Bristol. This…
Munich Re, a global reinsurance leader, has announced its $2.6 billion acquisition of NEXT Insurance, a digital insurer focused on small businesses. Set to integrate…
A recent Akur8 webinar, featuring actuary Michael Henk, highlighted the benefits of integrating loss reserving and policy pricing in the insurance sector. Traditionally viewed as…
Germany’s Munich Re has announced its acquisition of Next Insurance, a Palo Alto-based digital insurance provider, for $2.6 billion. Founded in 2016, Next Insurance specializes…
Kennedys IQ has launched SmartRisk, a neuro-symbolic AI risk analysis solution aimed at improving decision-making in the insurance sector. This tool addresses complexities in policy…
Peak3, a cloud-based InsurTech company, has raised $35 million in a Series A funding round to expand its presence in the UK and European markets.…
Bolttech, a leading InsurTech firm, has appointed Ridhi Chaudhary as a non-executive director following a successful Series C funding round led by the Dragon Fund.…