As technology continues to advance at a rapid pace, its impact on various sectors has been profound, none more so than the Delegated Underwriting Authority Enterprise (DUAE) segment within the insurance industry. Dawn Walker, AM Best's associate director for Industry Relations – DUAE, recently
October 23, 2024
In a significant stride toward transforming the insurance industry's handling of claims, Agentech, a Colorado-based startup, has successfully secured $3 million in a seed funding round completed in just 30 days. Co-founded by insurtech and fintech veterans Robin Roberson and Alex Pezold, the
October 21, 2024
The insurance industry is on the brink of a significant transformation, led by London-based startup Diesta. Founded in 2022 by Julian Schoemig and Christopher Davis, Diesta has recently secured $3.8 million (€3.49 million) in Seed funding, a major milestone for the burgeoning venture. This funding r
October 16, 2024
Data Science Wizards (DSW), an AI innovation company, recently announced securing $1.4 million in seed funding. This financial boost comes on the back of an earlier pre-seed round, lifting the company's valuation to $16.4 million. Under the leadership of CEO and Founder Sandeep Khuperkar, DSW
October 15, 2024
The global IoT (Internet of Things) insurance market is on the brink of experiencing explosive growth over the next decade. The market, valued at USD 37.0 billion in 2023, is projected to skyrocket to USD 430.1 billion by 2032, driven by a compound annual growth rate (CAGR) of 30.38% from 2024 to
October 15, 2024
Phinsys, a leading provider of finance automation software for the insurance and reinsurance sectors, has reached a significant milestone: its inclusion in the 2024 InsurTec#00 list. This annual compilation by FinTech Global recognizes the top 100 companies revolutionizing the insurance industry
October 11, 2024
