Saturday, March 2, 2024

InsurTech startup Lemonade touts 3 seconds claims payment

Lemonade has staked a claim on a “new world record” as its artificial intelligence allowed the InsurTech firm the ability to pay a claim in just 3 seconds. Read more:

Top 10 InsurTech Trends for 2016

What trends will shape the future of insurtech in 2016? Click here for 10 key insurtech predictions for this year, according to Ventureclash. Read more:

Slice Labs gets backing from Munich Re

Slice Labs is getting the thumbs up from German insurance heavyweight Munich Re with the firm’s venture arm investing in the InsurTech startup. Read more:

Tech startups bring innovation and risk to insurance industry

The global insurance industry is investing heavily in insurance technology start-ups with Gartner predicting that 80% of life, property and casualty insurers. Read more:

Insurers should claim recovery costs from manufacturers

Insurers should claim recovery costs from manufacturers of faulty driverless cars. Read more:

InsurTech startups can revolutionise the industry

InsurTech companies, the catch-all term for technology vendors targeting the re/insurance industry, have the potential to change the entire structure of the sector. Read more:

Usage-based insurance apps: Opportunity or obstacle?

It’s been almost a decade since Progressive launched its usage-based insurance (UBI) program, Snapshot. Read more:

Insurtech startup Quilt raises $3.25M

Quilt, a Boston, MA-based insurtech startup focused on renters, raised $3.25m in seed funding. Read more:

InsurTech opportunities could reinvigorate industry

Propositions stemming from the InsurTech space are designed to reinvigorate some of the most traditional methods and practices within the industry. Read more:

Simplesurance lands Rakuten backing as funding passes €30m

Japanese web giant Rakuten is making another investment through its $100m FinTech fund backing insurance e-commerce startup Simplesurance. Read more: