Your Daily InsurTech Briefing – 2024-07-01

July 1, 2024
1 min read

Let’s see what’s in the news today.

Insurtech UK demands government support for sector

Insurtech UK has released its UK policy manifesto which outlines recommendations for the government in supporting the insurtech sector.

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IBISA secures $3m to expand parametric climate insurance in Asia and Africa

IBISA, a global leader in the Climate InsurTech sector, has successfully raised $3m to enhance its parametric insurance offerings aimed at mitigating weather-related risks across Asia and Africa.

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Insurtech Body Calls For Regulatory Shakeup To Fuel Growth

The next government must create a “positive, enabling policy environment” that allows more insurance technology firms to enter the market and facilitates better funding to drive growth in the sector, a trade body said Tuesday.

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To transform Kenya’s insurance industry, invest in tech and talent

In Kenya, as in many parts of the world, the insurance sector is fundamentally a provider of financial security and stability to individuals and businesses alike.

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Indonesian insurtechs funding lead despite 79% industry nosedive

Indonesia’s insurance technology (insurtech) sector saw the largest funding in H1 2024 with $47m.

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