Your Daily InsurTech Briefing – 2024-05-26

May 26, 2024
1 min read

Let’s see what’s in the news today.

Cover Genius lands $80M to fund growth and technology investment

The company plans to put the funds toward further growth and technology investment, “including improved digital insurance distribution solutions, deploying artificial intelligence claims handling and expanding the protection solutions on the platform.”

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How Plum Is Bringing Fintech Innovation To Employee Health Insurance

The cofounder duo of Plum are brining fintech innovation to health insurance, and has already impacted over 500,000 people so far

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Climate-focused insurtech company Arbol just raised a Series B funding round. Here’s an exclusive look at the deck the startup used to land $60 million.

Arbol, a climate tech startup, closed a $60 million Series B funding for AI-driven parametric insurance that provides quick payouts for climate risks.

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Open Road to enter into collector vehicle insurance market

Open Road Insurance has announced its formation as a managing general agency (MGA) focusing on collector vehicle auto insurance.

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Upstox enters insurance distribution business

HDFC Life is among the first insurers to partner with Mumbai-based Upstox, featuring its term insurance plans on the platform

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