Your Daily InsurTech Briefing – 2024-03-31

March 31, 2024
1 min read

Let’s see what’s in the news today.

How Integrated Real-World Data Leads to More Meaningful Results

In order to understand the current state of the healthcare system it is essential to have comprehensive sources of real-world and integrated data linked with data from across the healthcare ecosystem.

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Transactional Risk Insurance Remains Robust Amid M&A Downtrend

Despite a dip in M&A activity in 2023, transactional risk insurance thrived, with tech leading the pack in deal value, reveals a Marsh report.

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Coterie secures $27m to simplify small business insurance

Coterie, an InsurTech MGA simplifying small business insurance, has secured a significant boost in funding, announcing a raise of $27m.

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Chaucer Insurance partners with Israeli tech firm to introduce pioneering insurance offering

Chaucer Insurance, a specialty insurer and reinsurer, has joined forces with Gabriel, a Tel Aviv-based technology company, to introduce a pioneering insurance product designed specifically for mass shooting events.

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Kenyan InsurTech mTek raises $1.25m to aid East African expansion plans

mTek, a Kenyan-based InsurTech firm, has secured an investment of $1.25m (KSh 167.8m) to advance its expansion plans within the Kenyan and East African insurance markets.

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Your Daily InsurTech Briefing – 2024-05-20

Let’s see what’s in the news today. Shallow, deepfakes could impact insurance claims Are deepfakes threatening the insurance industry? Some experts suggest a second layer of verification may be needed to combat

Faye: A passport essential for Americans.

TLDR: Faye is disrupting the American travel insurance market Most Americans only realized the need for travel insurance following the COVID-19 pandemic Insurtech company Faye is making waves in the American travel

Unleash the power of smart-home insurance solutions.

Untapped Potential of Smart-Home Insurance Solutions TLDR: Smart home insurance solutions are improving customer experiences. A recent panel discussed how to make these solutions more mainstream. The untapped potential of smart-home insurance

Beware: deepfakes may affect insurance settlements

TLDR: The insurance industry is facing challenges with shallow and deepfakes created using AI. AI can help identify fake materials, but insurance carriers still need to verify documents for inconsistencies. The article

Your Daily InsurTech Briefing – 2024-05-19

Let’s see what’s in the news today. Ant Insurance unveils privacy-preserving auto insurance tech Providers like PICC, Ping An, and CPIC have already adopted this type of tech. China-based online insurance brokerage

Jonathan Davey: Insurance chose me.

“`html TLDR: Jonathan Davey announced his retirement as the CEO of HugHub after eight years. His career spanned 38 years in the insurance and technology markets, with notable achievements in setting up