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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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

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