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

Read the original article here

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.

Read the original article here

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

Read the original article here

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.

Read the original article here

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

Read the original article here

Latest from Blog

Your Daily InsurTech Briefing – 2024-06-24

Let’s see what’s in the news today. Labor Insurance Supplies Market Latest Trends, Technological Advancement, Driving Factors and Forecast to 2030 The Labor Insurance Supplies Market has witnessed continuous growth in the

CRC Group boosts leadership team

TLDR: CRC Group, a leading wholesale specialty insurance distributor in North America, has appointed three new executives to its leadership team. Jessica Marshall is now the chief marketing officer, Mike Baeurle is

Your Daily InsurTech Briefing – 2024-06-23

Let’s see what’s in the news today. Why actuarial expertise is now key for insurers As the insurance sector undergoes a rapid evolution in regard to its pricing challenges, José María Castelo

Technology claims: industry adapts.

Claims Technology Adaptation in the Insurance Industry TLDR: Key Points: Rapid advancements in Insurtech and technology have disrupted the insurance industry, particularly in claims processing. The adoption of technology in claims processes,