Your Daily InsurTech Briefing – 2024-04-15

April 15, 2024
1 min read

Let’s see what’s in the news today.

Regulatory scrutiny may queer the pitch for insurtech; and other top startup & tech stories this week

Multiple people in the know have told me that the insurance regulator is not comfortable with the typical corporate structures of startups, and may not be in favour of granting them an insurance manufacturing licence. The regulator wants these firms to get rid of any holding company structures, onboard investors directly into the applying entity, and have founders bring in sufficient amount of net worth before applying.

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Israeli insurance software maker Sapiens explores sale

Sapiens is working with investment bank William Blair to gauge interest from potential buyers that could include private equity firms, the sources said.

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World Health Day 2024: The Importance of Health Insurance: Staying Secure in Uncertain Times

Amidst the uncertainties of today’s world, health insurance emerges as a crucial safeguard against financial instability in the face of healthcare expenses

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Relm Insurance Launches Web3 Product Suite

Relm Insurance introduced a new product suite customized for clients in Web3 technologies. A spokesperson said, “Relm Insurance [Relm], a leading specialty insurance carrier supporting emerging and innovative industries, today announced the release of a novel product suite, providing tailored, end-to-end insurance coverage for clients immersed in Web3 technologies. “With an established global risk portfolio …

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Travelers’ 2024 Insurance Agent of the Year honorees share industry insight

Award-winning agencies elaborate on their technology integration and methods for staying informed about evolving policyholder needs.

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