Article Summary TLDR: Climate-related disasters caused $250 billion in damages worldwide last year Parametric insurance is gaining popularity for vulnerable farmers The increasing frequency of extreme weather events is hitting low-income and

TLDR: Bondaval, a London-based InsurTech company, has launched a new trade credit insurance product. The product aims to simplify credit risk management for businesses by providing intelligent tools and guidance integrated into

TLDR: AI is transforming the insurance industry by streamlining processes, improving risk assessment, and enhancing customer experience. However, AI is not replacing humans, but rather augmenting and enhancing their capabilities. Human oversight

TLDR: Slide Insurance, a homeowners InsurTech company, secured a $175m senior credit facility led by Regions Bank. The funds will be used to boost hurricane preparedness and support growth initiatives. Slide Insurance

Let’s see what’s in the news today. Insurtech enters trade credit market with policy launch ‘We’re looking forward to working closely alongside both new and existing broker partners to discover opportunities to

TLDR: Modernising insurance through an InsurTech ecosystem Key points: InsurTech is modernizing the insurance industry through technology innovations Key elements include onboarding, claims processing, telematics, low code, compliance, and customer retention In

TLDR: APOLLO Insurance partners with Rhapsody Property Management to simplify tenant insurance in Canada. Rhapsody property managers will have access to digital tenant insurance solutions integrated into leasing and renewal processes, reducing

“`html TLDR: US health insurance technology company Sidecar Health has secured $165m in a Series D funding round led by Koch Disruptive Technologies. Established in 2018, Sidecar Health provides major medical coverage

TLDR: Insurance industry must focus on customer satisfaction Digital transformation is essential for staying competitive Insurance companies need to adapt to the evolving digital landscape to meet the expectations of the new

TLDR: Insurtech Bondaval enters trade credit market with launch of first product. Product aims to offer simplified policy compliance and enhanced portfolio insights. London-based insurtech Bondaval has recently entered the trade credit