Your Daily InsurTech Briefing – 2024-05-22

May 22, 2024
1 min read

Let’s see what’s in the news today.

Why is embedded insurance so popular right now?

Charles Orton-Jones asks five industry experts how embedded insurance could transform the sector and whether it offers value for consumers

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SageSure expands product portfolio with launch of expanded markets dwelling fire insurance

SageSure, a managing general underwriters focused on catastrophe-exposed markets, has launched its first Expanded Markets surplus lines dwelling fire product in Louisiana, New Jersey, South Carolina, and Texas.

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BimaPay Secures $2 Million Funding to Expand Tech-Driven Insurance Solutions

Insurtech startup BimaPay has successfully secured $2 million (approximately INR 16.7 crore) in funding led by LC Nueva Investment Partners. This capital

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Digit Insurance IPO’s retail portion fully subscribed; key highlights of the offering

The retail portion of Digit Insurance’s IPO was fully subscribed at 1.45pm. The company had reserved 9.6 million shares for retail investors in the issue that opened on Wednesday. The Rs 2,615-crore IPO comprises a fresh issue of Rs 1,125 crore and an offer for sale component of up to 54.7 million shares.

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How technology is transforming the insurance ecosystem

Jess Keaney, chief product & technology officer of Duck Creek, discusses how technology is making the insurance process more transparent and even more empathetic for policyholders

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Your Daily InsurTech Briefing – 2024-09-24

Let’s see what’s in the news today. Insurers grapple with AI ethics and regulation USAA, MMG Insurance and Munich Re executives spoke about these insurers’ efforts to model risk and use data

Genius.AI teams up with ClickBank for AI digital marketing!

TLDR: Genius.AI partners with ClickBank to revolutionize digital marketing with AI-powered solutions. The collaboration introduces cutting-edge AI technology to ClickBank’s affiliate network, simplifying processes for new and experienced users. Genius.AI, a leader