July 2024 - Page 16

TLDR: Insurers should stop looking at AI as a cost-saver. Eddie Longworth, the founder of JEL Consulting, emphasizes the importance of talent in operating AI in the insurance industry. Using AI for

Feather raises €6M to build pan-European insurance platform for expats TLDR: Feather, a Berlin-based insurance provider for expats, has raised €6 million in funding to accelerate its expansion into new European markets.

Let’s see what’s in the news today. Slide Insurance raises $175m to boost hurricane preparedness and growth Slide Insurance, an InsurTech company specialising in homeowners insurance, has secured a $175m senior credit

Feather Raises €6M to Simplify Insurance for Expats in Europe TLDR: Feather, an expat insurance startup, has raised €6 million in funding to simplify insurance for over 50 million expats in Europe.

Article Summary TLDR: Climate-related disasters caused $250 billion in damages worldwide last year Parametric insurance is gaining popularity for vulnerable farmers The increasing frequency of extreme weather events is hitting low-income and

TLDR: Bondaval, a London-based InsurTech company, has launched a new trade credit insurance product. The product aims to simplify credit risk management for businesses by providing intelligent tools and guidance integrated into

TLDR: AI is transforming the insurance industry by streamlining processes, improving risk assessment, and enhancing customer experience. However, AI is not replacing humans, but rather augmenting and enhancing their capabilities. Human oversight

TLDR: Slide Insurance, a homeowners InsurTech company, secured a $175m senior credit facility led by Regions Bank. The funds will be used to boost hurricane preparedness and support growth initiatives. Slide Insurance

Let’s see what’s in the news today. Insurtech enters trade credit market with policy launch ‘We’re looking forward to working closely alongside both new and existing broker partners to discover opportunities to

TLDR: Modernising insurance through an InsurTech ecosystem Key points: InsurTech is modernizing the insurance industry through technology innovations Key elements include onboarding, claims processing, telematics, low code, compliance, and customer retention In