Your Daily InsurTech Briefing – 2024-08-09

August 9, 2024
1 min read

Let’s see what’s in the news today.

AI boosts insurance tech financing, deepfakes a risk, report says

LONDON (Reuters) – Global financing for insurance technology (insurtech) firms rose 40% to $1.27 billion in the second quarter from the previous three months, helped by money going into AI-focused businesses, reinsurance broker Gallagher Re said on…

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AI boosts insurance tech financing, deepfakes a risk, report says

LONDON (Reuters) – Global financing for insurance technology (insurtech) firms rose 40% to $1.27 billion in the second quarter from the previous three months, helped by money going into AI-focused

Read the original article here

BHMS Investments backs insurtech company Boost Insurance to fuel growth

Boost Insurance has announced an equity investment from BHMS Investments, a company specialising in middle market insurance.

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AsiaOne

LONDON – Global financing for insurance technology (insurtech) firms rose 40 per cent to US$1.27 billion (S$1.7 billion) in the second quarter from the previous three months, helped by money going into AI-focused businesses, reinsurance broker Gallagher Re said on Thursday (Aug 1). The use of artificial intelligence in insurance presents challenges, however, because of the risks of so-called “deepfakes”…

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Five startups are coming to Erie. Why are 2 local companies footing the bill?

This year marks the seventh edition of the Erie business accelerator program now led by the Erie Regional Chamber and Growth Partnership.

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