June 2024 - Page 17

Summary of Insurance Tech Startup CoverSure Funding TLDR: Insurance tech startup CoverSure has raised $4 million in pre-series A funding round led by Enam Holdings. The company plans to invest in building

TLDR: Technology and Artificial Intelligence (AI) are essential in making health insurance more affordable and accessible. Insurers are facing challenges with the increase in claims frequency and rising healthcare costs. By leveraging

Insurance funds boosting tech – Summary TLDR: Insurance funds are playing a crucial role in boosting technology and innovation in China. Companies like Advanced Micro-Fabrication Equipment Inc China are benefiting from investments

TLDR: – Covrzy is revolutionizing business insurance for SMEs and startups – Founded by Veera Thota and Ankit Kamra Innovation is the key today and Covrzy is making waves in the business

Let’s see what’s in the news today. The Biggest Tech Trends in Asia’s Insurance Sector In 2024, the insurance industry faces challenges caused by the rise in property and auto rates due

TLDR: Paytm has withdrawn its application for a general insurance license and will focus on a distribution-only model for small-ticket insurance products. This move will allow the company to conserve cash and

Key Elements of Evolving Insurance with Digital Efficiency TLDR: Raghav Tanna emphasizes the importance of digital efficiency in the insurance industry. Applied Systems aims to streamline commercial lines by building a digital

TLDR: Aflac has partnered with Nayya to improve access to supplemental health benefits for employees. The collaboration aims to enhance the claims experience for insured individuals by proactively informing them about their

TLDR: QuoteWell and IIAT have partnered to enhance the insurance brokerage experience for IIAT’s members. The partnership aims to revolutionize the insurance landscape by offering cutting-edge technology and expert support to agents.

TLDR: Insurance industry in Asia facing challenges due to rising rates, geopolitical uncertainties, and regulatory scrutiny. Technology, including AI, ML, NLP, and cloud-based services, driving innovation and efficiency in the sector. In