Your Daily InsurTech Briefing – 2024-02-11

February 11, 2024
1 min read

Let’s see what’s in the news today.

Collinson and Starr Insurance unite to provide real-time travel disruption cover

Collinson, a global leader in customer benefits and loyalty, and Starr Insurance have collaborated to distribute a real-time parametric travel disruption insurance product.

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Some Insurers Banned AI — Will Insurtech Bring It Back?

Insurtech enabled companies to reshape risk management strategies. Are AI and algorithmic underwriting the next frontier?

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The opportunities presented by the digital transformation of insurance

In an era defined by rapid technological strides, the insurance industry stands on the cusp of an extraordinary evolution, heralding a new dawn through the prospect of a digital transformation. Amidst this profound change, the sector has emerged as a haven of innovation, embracing a digital metamorphosis that promises a new beginning in the space.

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Kooperativa partners with Resistant AI to revolutionise fraud detection in insurance claims

Kooperativa, a leading insurer part of the Vienna Insurance Group, has embraced Resistant AI’s Document Forensics technology to combat fraudulent insurance claims.

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Insurtech Kin, the Digital Home Insurance Provider, Acquires Financing from Activate Capital

Kin, the digital, direct-to-consumer home insurance company, announced the closing of $15 million in financing from new investor Activate Capital, a growth-stage VC firm focused on the sustainable, resilient transformation of the global economy. Raising at an increased valuation, greater than $1 billion, is an achievement that’s becoming rare as other technology companies reportedly “continue to have trouble securing capital.” Kin has claimed that it maintained systematic, capital-efficient growth, “increasing revenue by more than 50%

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Your Daily InsurTech Briefing – 2024-09-24

Let’s see what’s in the news today. Insurers grapple with AI ethics and regulation USAA, MMG Insurance and Munich Re executives spoke about these insurers’ efforts to model risk and use data

Genius.AI teams up with ClickBank for AI digital marketing!

TLDR: Genius.AI partners with ClickBank to revolutionize digital marketing with AI-powered solutions. The collaboration introduces cutting-edge AI technology to ClickBank’s affiliate network, simplifying processes for new and experienced users. Genius.AI, a leader