Your Daily InsurTech Briefing - 2024-04-17

Let’s see what’s in the news today.

Startup Sprout Offers Tech-Backed Climate Insurance for Smallholder Farmers

Ashley King-Bischof founded a company called Sprout in 2021 with a multifaceted approach to building climate resilience for smallholder coffee farmers.

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Australian FinTech startup, Honey Insurance, raises $108m to enhance smart home safety

Honey Insurance, an Australian home insurance startup, has just announced a significant boost in its journey to redefine the home insurance landscape.

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American Family Life Insurance embraces Munich Re automation solutions

Munich Re Automation Solutions Ltd has entered into a significant business relationship with American Family Life Insurance Company, marking a pivotal shift towards cloud-based solutions within the insurance sector.

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The Labor Department wants Congress to help to fix unemployment insurance tech, delivery

Among the asks: fund the program adequately, the Labor Department says.

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Irish drivers in line for cash refunds following car insurance tech blunder

An MEP says insurance companies need to be more vigilant.

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Macquarie teams up with Mosaic for Lloyd’s coverholder status.

TLDR: Macquarie Insurance Facility has gained Lloyd’s coverholder status and partnered with Mosaic Insurance to enhance its insurance offerings. The move aligns with Macquarie’s strategy to expand its premium volume and provide

Zywave revolutionizes insurance distribution with Cyber Quoting platform launch.

Key Elements of Zywave Article TLDR: Key Points: Zywave launches Cyber Quoting platform to simplify insurance distribution processes The platform connects global cyber insurers and U.S. distributors, streamlining data collection and offering

Introducing Prime Tech: Cowbell Co-Pilot boosts underwriting workflows with AI.

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Your Daily InsurTech Briefing – 2024-04-28

Let’s see what’s in the news today. Insurtech startups capitalise on soaring cybersecurity risks Experts say that today many companies are allocating a budget for both cybersecurity and cyber insurance. Read the

California homeowners face crisis as insurers Tokio Marine, Trans Pacific exit

California Homeowners Insurance Crisis TLDR: California homeowners face a crisis as major insurers, Tokio Marine and Trans Pacific, exit the state, leaving many without coverage options and forcing them to turn to

Unveiling the pain points of claims handling

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Introducing Insurance Tech Solutions – modernizing your coverage experience.

“`html Deloitte Launches Insurance Growth Suite Technology Solutions TLDR: Deloitte launches Insurance Growth Suite technology solutions to address challenges in the insurance industry. The platform is designed to help insurance companies future-proof

mTek Secures $1.25M for Tech Revolution in African Insurance Industry

TLDR: Key Points: mTek, a Kenyan InsurTech firm, has secured a significant investment of $1.25 million to revolutionize the insurance industry in Africa. The company’s focus on technology, including AI and machine

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Your Daily InsurTech Briefing – 2024-04-17

Startup Sprout Offers Tech-Backed Climate Insurance for Smallholder Farmers

Australian FinTech startup, Honey Insurance, raises $108m to enhance smart home safety

American Family Life Insurance embraces Munich Re automation solutions

The Labor Department wants Congress to help to fix unemployment insurance tech, delivery

Irish drivers in line for cash refunds following car insurance tech blunder

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