Your Daily InsurTech Briefing – 2024-06-22

June 22, 2024
1 min read

Let’s see what’s in the news today.

How everybody wins in a digitized insurance market

The transformative shift to digitization enhances efficiency and collaboration for commercial lines insurance.

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Insurtech startup Kenko Health stares at shutdown: What went wrong?

Insurtech startup Kenko Health is facing closure due to a shareholder battle and funding issues. The company, backed by Peak XV Partners and Orios Venture Partners, struggled to raise capital from the Hero Group, leading to a stalemate. With no immediate funding prospects, the $39.7 million-valued firm is on the verge of shutdown, impacting its workforce and operations.

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GradGuard launches expanded renters insurance program for Rhode Island students

GradGuard has expanded its renters insurance program to include students coverage in Rhode Island.

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Vantage Risk introduces U.S. primary cyber insurance

Vantage, a prominent insurance provider, has unveiled it is underwriting U.S. primary cyber insurance through its U.S. insurance subsidiaries, offering up to $10m in capacity.

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Anterior nets $20m to accelerate health insurance approvals

Anterior, an InsurTech which specialises in leveraging AI to accelerate health insurance approvals, has finalised a $20m Series A round.

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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