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.

Read the original article here

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.

Read the original article here

GradGuard launches expanded renters insurance program for Rhode Island students

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

Read the original article here

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.

Read the original article here

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.

Read the original article here

Latest from Blog

Your Daily InsurTech Briefing – 2024-07-14

Let’s see what’s in the news today. Sapiens Launches New AI Powered Insurance Platform Stay ahead in the insurance industry with Sapiens Insurance Platform. Leverage digital engagement, ML, and GenAI capabilities for

Qover debuts new auto insurance in Ireland!

“`html TLDR: Qover, backed by Zurich, introduces motor insurance offering in Ireland. With the launch in Ireland, Qover is now live in ten countries in 36 months. Qover, an insurance technology company

Sapiens unveils cutting-edge AI insurance platform.

Summary of Sapiens Launches New AI Powered Insurance Platform TLDR: Sapiens Launches New AI Powered Insurance Platform Key Points: Sapiens International Corporation has launched an AI-powered, open, integrated, cloud-native platform for the

Your Daily InsurTech Briefing – 2024-07-13

Let’s see what’s in the news today. Everest bolsters leadership team to expand European footprint Everest, a global leader in insurance and reinsurance, has announced the appointments of two key leaders in

Get extra value with Plug and Play Insurance Solutions now!

TLDR: Key Points: The insurance industry is undergoing a major transformation driven by agile, technology-focused companies. Plug-and-play approach to innovation is reshaping the industry by integrating advanced technologies seamlessly into operations. This