April 2024 - Page 10

World Health Day 2024: The Importance of Health Insurance: Staying Secure in Uncertain Times TLDR: Health insurance is crucial for financial security in uncertain times. Approximately 70% of the population is covered

TLDR: Israeli insurance software maker Sapiens, with a market value of nearly $2 billion, is exploring a potential sale. They are working with investment bank William Blair to gauge interest from potential

TLDR: Regulatory scrutiny on insurtech startups is increasing, with IRDAI imposing strict conditions for insurance manufacturing licences. Startups may need to change their corporate structures to qualify. Fintechs are being encouraged for

Let’s see what’s in the news today. The Future of Car Ownership: Navigating Insurance With Lemonade in the Age of Smart Cars The automotive industry is on the cusp of a revolution,

“`html TLDR: Irdai is increasing its scrutiny of venture-funded startups seeking insurance licences. Key requirements include backing of a large local investor and considerable net worth of promoters. Startups in queue for

“`html Regulatory Compliance in Insurtech Startups TLDR: IRDAI has issued guidelines for insurtech startups and digital insurance platforms to ensure regulatory compliance in the evolving digital insurance space. The guidelines cover licensing,

TLDR: Key Points: Healthcare startups are innovating the industry with technologically advanced products and services. Regulations can slow down innovation, making it essential for startups to reimagine healthcare processes. Key Elements: Healthcare

TLDR: Key Points: Technology is essential for improving the insurance journey for consumers. Building digital platforms inhouse with open-source technologies and diverse skill sets can benefit brokers and insurers. In the article

TLDR: In the age of smart cars, traditional car insurance models are being reevaluated to adapt to the new risks and realities. Lemonade is pioneering innovative approaches to car insurance, utilizing technology

Let’s see what’s in the news today. Inside the Cloud’s Transformative Impact on Finserv Without the power of cloud computing, major fintech and insurtech players may never have become the pioneers they