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.

Read the original article here

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.

Read the original article here

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

Read the original article here

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 …

Read the original article here

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.

Read the original article here

Latest from Blog

Your Daily InsurTech Briefing – 2024-05-24

Let’s see what’s in the news today. Briefing: Two Insurtech 50 firms collapse amid continued investor … ‘Investors are becoming more democratic in their funding allocations,’ says global head of insurtech Read

Clara Analytics broadens insurance lineup.

CLARA Analytics Article Summary TLDR: CLARA Analytics, a leading AI technology provider for insurance claims optimization, has appointed Wayne Chung as CTO and Mark Tainton as Chief Customer Officer. Chung brings cybersecurity

Your Daily InsurTech Briefing – 2024-05-23

Let’s see what’s in the news today. Earnix and Exavalu partner to revolutionise property & casualty insurance pricing Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial