Your Daily InsurTech Briefing – 2024-05-09
Let’s see what’s in the news today. UAE: Anoud Tech launches operations in the emirates Anoud Technologies (Anoud Tech), a global InsurTech group based in Qatar, launched its UAE branch last week
Aviva partners up to boost cyber insurance offerings.
TLDR: Aviva and RiskEye have teamed up to enhance Aviva’s cyber insurance offering, focusing on online risk and reputation support in the face of cyberattacks and negative online content. The partnership aims to provide businesses with round-the-clock support, crisis management,
Arbol secures $60 million to grow parametric insurance product.
TLDR: Arbol, a parametric insurance company, raised $60m in Series B funding led by Giant Ventures and Opera Tech Ventures. The funding will be
Simplifai debuts InsuranceGPT-powered claims solution for streamlined processing.
TLDR: Simplifai has launched a new claims processing solution powered by InsuranceGPT to streamline workflows for insurance companies. The solution offers features like accurate
Urban Jungle secures £11.2m to fuel growth.
Article Summary TLDR: Urban Jungle, an InsurTech startup, has raised £11.2 million in funding to continue its mission of making insurance fairer and more
News
Tech
Your Daily InsurTech Briefing – 2024-05-06
Let’s see what’s in the news today. FCA to explore big tech opportunities for insurance industry ‘Big tech’s growing emergence in financial services has already made life easier for consumers,’ says chief
TechTalk: Climate-focused insurtechs help insurers with environmental challenges.
“`html TLDR: Climate change poses challenges for insurers due to unpredictable risks Insurtechs are developing new technologies to help insurers manage climate-related risks The article discusses the impact of climate change on
Ariel Re teams up with Hiscox and Swiss Re for Gen AI cyber assistant.
Key Elements of Recent Insurtech News TLDR: Key Points: Ariel Re and Hiscox launch CyberShock consortium offering cyber catastrophe protection Swiss Re introduces Gen AI underwriting assistant for risk assessment Full Article:
Ensure AI ethics in Insurtech – best practices to follow.
TLDR: AI technology is becoming more prominent in the insurance industry, including generative AI. Insurance providers must navigate regulatory environments and ethical considerations when using AI. The article discusses the rise of
World
Owl.co: Revolutionizing The Insurance Game
Summary of Owl.co: Taking The Insurance Industry By Storm TLDR: – Owl.co is an insurtech company revolutionizing the insurance industry with its innovative approach to claims management. – With the application of advanced machine learning and AI, Owl.co streamlines claims processes, maximizes efficiency, and
by 
PriyaPatel
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FCA to dive into tech opportunities for insurance industry.
FCA to Explore Big Tech Opportunities for Insurance Industry TLDR: FCA chief executive plans to explore big tech firms’ datasets for opportunities in financial services and insurance sectors. Analysis will focus on
Your Daily InsurTech Briefing – 2024-05-05
Let’s see what’s in the news today. PeppercornAI raises more than £3m to develop AI platform ‘Technology, specifically AI, has the potential to completely change the way consumers buy and manage their insurance policies,’ says chief executive Read the original
HugHub’s top boss calls it a day.
TLDR: Key Points: HugHub chief executive, Jonathan Davey, announces retirement after 8 years with the company. Davey plans to explore new opportunities in the
Sayata introduces revolutionary AI platform for commercial insurance underwriting.
TLDR: Sayata has launched an AI-powered platform called the Sayata Risk Engine for commercial insurance underwriting. The platform utilizes AI algorithms to accurately identify
Business
Your Daily InsurTech Briefing – 2024-05-09
Let’s see what’s in the news today. UAE: Anoud Tech launches operations in the emirates Anoud Technologies (Anoud Tech), a global InsurTech group based in Qatar, launched its UAE branch last week
Aviva partners up to boost cyber insurance offerings.
TLDR: Aviva and RiskEye have teamed up to enhance Aviva’s cyber insurance offering, focusing on online risk and reputation support in the face of cyberattacks and negative online content. The partnership aims
Arbol secures $60 million to grow parametric insurance product.
TLDR: Arbol, a parametric insurance company, raised $60m in Series B funding led by Giant Ventures and Opera Tech Ventures. The funding will be used to scale Arbol’s innovative approach to climate
Simplifai debuts InsuranceGPT-powered claims solution for streamlined processing.
TLDR: Simplifai has launched a new claims processing solution powered by InsuranceGPT to streamline workflows for insurance companies. The solution offers features like accurate suggestions, increased processing capacity, and compliance with regulatory
Latest
Your Daily InsurTech Briefing – 2024-05-09
Let’s see what’s in the news today. UAE: Anoud Tech launches operations in the emirates Anoud Technologies (Anoud Tech), a global InsurTech group based in Qatar, launched its UAE branch last week
Aviva partners up to boost cyber insurance offerings.
TLDR: Aviva and RiskEye have teamed up to enhance Aviva’s cyber insurance offering, focusing on online risk and reputation support in the face of cyberattacks and negative online content. The partnership aims
Arbol secures $60 million to grow parametric insurance product.
TLDR: Arbol, a parametric insurance company, raised $60m in Series B funding led by Giant Ventures and Opera Tech Ventures. The funding will be used to scale Arbol’s innovative approach to climate
Simplifai debuts InsuranceGPT-powered claims solution for streamlined processing.
TLDR: Simplifai has launched a new claims processing solution powered by InsuranceGPT to streamline workflows for insurance companies. The solution offers features like accurate suggestions, increased processing capacity, and compliance with regulatory
Urban Jungle secures £11.2m to fuel growth.
Article Summary TLDR: Urban Jungle, an InsurTech startup, has raised £11.2 million in funding to continue its mission of making insurance fairer and more accessible. The company, founded in 2017, has helped
Anoud Tech’s grand debut in the UAE tech scene!
“`html TLDR: Anoud Tech, a global InsurTech group, has launched its UAE branch with the goal of becoming the IT platform provider of choice for the insurance industry in the MENA region.
Your Daily InsurTech Briefing – 2024-05-08
Let’s see what’s in the news today. Insurance group calls for Amazon and others to use more safety tech in delivery vans (CNN) — Researchers are pointing to a dangerous element of
Insurance group urges Amazon, FedEx to boost safety tech in vans
TLDR: Insurance group urges Amazon, FedEx, and other delivery companies to adopt more safety technology in their vans. Technologies like automatic emergency braking and blind-spot detection can help prevent accidents. Key Elements
Insurance group urges Amazon, FedEx to boost tech in delivery vans
Insurance group calls for Amazon, FedEx and others to use more safety tech in delivery vans | CNN Business TLDR: Researchers are calling for increased safety technology in delivery vans used by
Urban Jungle secures $14.4m investment for insurance startup launch.
TLDR: Urban Jungle, a London-based insurance startup, is set to announce a $14.4m funding round. The investment comes from existing backers including Sony Innovation Fund and will fuel the company’s expansion. Key