
What happens when a global InsurTech titan teams up with a local innovator in one of Africa’s most dynamic markets? The answer lies in the groundbreaking partnership between bolttech and mTek, a Kenyan digital insurance platform. This isn’t just a

What happens when a global InsurTech titan teams up with a local innovator in one of Africa’s most dynamic markets? The answer lies in the groundbreaking partnership between bolttech and mTek, a Kenyan digital insurance platform. This isn’t just a

Imagine a world where an insurance claim is processed in minutes, tailored precisely to a customer’s unique situation, all while navigating complex regulations seamlessly. This isn’t a distant fantasy but a reality insurers are racing toward as they grapple with
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The study underscores the critical need for traditional insurers and emerging insurtech companies to collaborate amid a landscape characterized by rising global investments in insurtech, totaling $3.2 billion in the first three quarters of the surveyed year alone. This synthesis

Water damage remains a significant concern for home insurers, accounting for 24% of all property and casualty losses. The average claim for such damage can exceed $10,000, making it crucial for insurers to find effective preventative solutions. Addressing this issue
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The study underscores the critical need for traditional insurers and emerging insurtech companies to collaborate amid a landscape characterized by rising global investments in insurtech, totaling $3.2 billion in the first three quarters of the surveyed year alone. This synthesis

In a recent development that highlights the growing integration of technology in traditional industries, Foliume, a company dedicated to automating insurance processes, has successfully secured $1 million in seed funding.The funding round was led by Belgium-based venture fund Pitchdrive and

The insurance industry is experiencing a transformative shift fueled by the integration of advanced technologies known as insurtech. Central to this revolution are Artificial Intelligence (AI) and the Internet of Things (IoT), which are redefining how auto insurance claims are

In an era where artificial intelligence (AI) is radically transforming various industries, FurtherAI has successfully secured $5 million in new funding. This capital injection comes from a funding round led by Nexus Venture Partners’ $700 million AI-dedicated fund, with contributions

Workplace injuries remain a significant concern for businesses, as employees can incur harm while performing various tasks. For instance, the United States Bureau of Labor Statistics reported millions of nonfatal workplace injuries annually, indicating the persistent risk of workplace accidents.

Water damage remains a significant concern for home insurers, accounting for 24% of all property and casualty losses. The average claim for such damage can exceed $10,000, making it crucial for insurers to find effective preventative solutions. Addressing this issue
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