Your Daily InsurTech Briefing – 2024-05-15

May 15, 2024
1 min read

Let’s see what’s in the news today.

Eleos raises €3.75M in Seed funding for digital life insurance solutions

Founded in 2022, Eleos is the UK’s only provider of fully digital life insurance and income protection products

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Do Safety Features In Cars Actually Reduce Car Accidents?

Do you need a car with an advanced safety system? I didn’t think I did—until I did.

I was backing up my Volvo XC90 in a grocery store parking lot in Reno, Nevada, last week when I heard a sudden alarm. The car screeched to a halt on its own. Another vehicle raced past me in the rearview camera. I

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Insurtech Funding in Q1 Drops to Lowest Level Since 2020

Despite a drop in overall insurtech funding to $912 million, its lowest since Q1 2020, early-stage funding and AI-centered insurtechs are attracting investment, Gallagher Re observed.

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Honeycomb Insurance grabs $36M Series B from solo VC-led Zeev Ventures

When Itai Ben-Zaken’s first startup failed in 2018, the former BCG consultant and Wharton MBA spent months trying to understand what he could have done

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Honeycomb raises $36M Series B for landlord insurance platform

The Israeli startup insures more than $21 billion worth of real estate assets and expects to triple that number in the next 12 months

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