BHMS Investments Backs Boost Insurance TLDR: BHMS Investments has backed insurtech company Boost Insurance to fuel growth. The funds will be used for customer expansion and enhancing technology products. Digital insurance platform

TLDR: Global funding for insurance tech firms increased by 40% in the second quarter to $1.27 billion, with a focus on AI. The use of AI in insurance presents challenges such as

AI boosts insurance tech financing, deepfakes a risk, report says TLDR: Global financing for insurance technology (insurtech) firms rose 40% to $1.27 billion in the second quarter from the previous three months.

Let’s see what’s in the news today. Delaware daily roundup: Apply for Fintech CAFE; Insurance tech startup launches; AirJoule gets $1M Plus, New Castle County’s industrial space vacancies are slightly down. Read the original

How Secure Are Systems in the Insurance Industry? TLDR: Key Points: Integrating technology is the most challenging aspect for insurers. Digital shift has led to a rise in data breaches and vulnerabilities.

RAFTRx Dominates Roofing Claims Service TLDR: RAFTRx aims to dominate roofing claims service by acting as the “Safelite of roof repair” Backed by Saw Mill Capital Partners, RAFTRx plans to expand its

TLDR: Private equity firm BHMS has made an equity investment in the InsurTech platform Boost. BHMS joins a group of Boost backers that includes Markel, Canopius US, and management. InsurTech Boost secures

TLDR: Insurance tech startup Sembley launches, consolidating questions from insurance forms into a user-friendly experience. CAFE Accelerator is seeking startups for its second cohort, offering resources and support for fintech startups. Key

Delaware Daily Roundup Summary TLDR: Key Points: Fintech CAFE accelerator opens applications for 2nd cohort on August 5 Insurance tech startup Sembley launched by founder of Docketwise The Delaware tech and entrepreneurship

Let’s see what’s in the news today. Faye secures $31m in Series B funding to elevate travel insurance technology Faye, the trailblazing travel platform, has successfully secured $31m in Series B funding,