Boost Insurance has secured over $130m in new reinsurance capacity to support its managing general agency (MGA), InsurTech, and embedded insurance programs. The investment will allow Boost to renew existing treaties and expand its reinsurance panel to partner with over a dozen industry-leading risk capital providers. It has formed strategic partnerships with RenaissanceRe and Canopius. Boost aims to enhance its platform’s capabilities and facilitate greater market penetration. The company offers compliance, capital, and technology solutions as an insurance infrastructure provider and offers white-label insurance products backed by reinsurers. Boost’s Portfolio Insights tool provides real-time data reporting for reinsurers to make informed decisions.
Boost’s MGA platform rockets with $130m+ boost of reinsurance capacity!
by 
PriyaPatel
PriyaPatel 
Latest from Blog
Your Daily InsurTech Briefing – 2024-09-07
Let’s see what’s in the news today. Closing the insurance talent gap: the role of technology and innovation The gap grows ever wider and needs a solution. Read the original article here
Kenyan insurers embrace AI to boost business development with shifts.
TLDR: Insurers in Kenya are embracing AI technology to improve their businesses, including assessing risks, combatting fraud, and offering personalized pricing. Companies like Prudential Insurance and M-Tiba are integrating AI into their
Tech revolutionizes employee perks. Uncover its impact on benefits now.
TLDR: Technology is revolutionizing the employee benefits space, making the experience more personalized, user-friendly, and proactive. AI is being used to streamline healthcare tasks and provide better insights. Benefits are becoming more
AI dominates healthcare technology rankings for fourth consecutive year.
TLDR: Artificial intelligence (AI) has been ranked as the top emerging technology in healthcare for four years in a row. 85% of executives see significant potential in AI for enhancing administration, operations,
Stay ahead in insurance industry with latest tech trends report.
TLDR: Insurers in Canada are employing new technology like generative artificial intelligence to address industry challenges. Reuters report indicates that insurers are investing in data analytics, automation, and planning to adopt AI
Closing the insurance talent gap with technology and innovation.
TLDR Key Points: The insurance industry faces a talent gap, with only 7% of young people viewing it as a viable career path. Technology and innovation play a crucial role in attracting
Your Daily InsurTech Briefing – 2024-09-06
Let’s see what’s in the news today. Flowcode and REIN join forces to revolutionise embedded insurance Flowcode has partnered with REIN, an embedded insurance technology company, to help consumers secure quotes and find
Insurance risk service plans play a crucial role in coverage options.
TLDR: In today’s insurance sector, managing the human side of risk is crucial for success. A well-structured risk service plan can lead to benefits for insurers and insureds. In today’s rapidly changing
IAT Insurance Group chooses CLARA Analytics to streamline claims operations.
TLDR: IAT Insurance Group partners with CLARA Analytics to implement Claims DocIntel Pro platform The partnership aims to streamline auto and general liability claims processes, reduce costs, and eliminate errors IAT Insurance
Health In Tech files for $10M IPO in stop-loss marketplace.
TLDR: Health In Tech, a stop-loss insurance marketplace, filed for a $10 million IPO offering 2.3 million shares at a price range of $4 to $5. Revenue for the company increased by