The insurance industry is undergoing a dramatic change thanks to AI and real-time data, shifting from static to dynamic pricing models. Notably, dynamic pricing utilizes advanced technology to adjust premiums based on individual behaviors, such as safe driving practices or
The insurance industry is undergoing a dramatic change thanks to AI and real-time data, shifting from static to dynamic pricing models. Notably, dynamic pricing utilizes advanced technology to adjust premiums based on individual behaviors, such as safe driving practices or
In a significant stride within the InsurTech industry, Quandri, a Canadian startup, has carved out a remarkable journey, spotlighted by a $12 million Series A funding announcement. This accomplishment underscores Quandri’s commitment to transforming the insurance sector through advanced AI
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The insurtech company Jove has recently made headlines by securing £3.6 million in a seed funding round, aiming to revolutionize contractor insurance with advanced solutions tailored for contractors and small businesses. The seed round was spearheaded by Explorer Investments and
Imagine booking an outdoor event or excursion, only for it to be dampened or canceled by unforeseen weather conditions. Poncho, a Swiss InsurTech startup founded in 2023, aims to transform this often frustrating scenario with its innovative approach to weather-based
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The insurtech company Jove has recently made headlines by securing £3.6 million in a seed funding round, aiming to revolutionize contractor insurance with advanced solutions tailored for contractors and small businesses. The seed round was spearheaded by Explorer Investments and
In Australia, a significant issue is coming to the forefront regarding financial security and the accessibility of financial advice. Recent research paints a troubling picture of the disparity between the insurance coverage of material possessions, such as cars and homes,
Arthur J. Gallagher & Co.’s recent acquisition of Shepard Insurance Group marks a significant expansion in the high-net-worth insurance market. This strategic move not only broadens Gallagher’s geographic presence but also enhances its ability to deliver personalized, high-quality solutions to
Akur8, a leading provider of AI-powered pricing and reserving software, has recently announced a strategic move set to strengthen its presence in the German insurance market. Michael Kraus has joined the company as a strategic advisor, a decision aligning with
In a strategic move to enhance its technological capabilities, CoverGo, an InsurTech company known for providing comprehensive digital solutions to the insurance industry, has appointed Louis Lee as the managing director for the Asia-Pacific (APAC) region. With over 20 years
Imagine booking an outdoor event or excursion, only for it to be dampened or canceled by unforeseen weather conditions. Poncho, a Swiss InsurTech startup founded in 2023, aims to transform this often frustrating scenario with its innovative approach to weather-based
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