Technology & Trends

ETAP and Hollard Drive Ghana's Insurtech Revolution with New License
Technology & Trends ETAP and Hollard Drive Ghana's Insurtech Revolution with New License

A groundbreaking development in Ghana's insurance sector has been catalyzed by ETAP, Africa's leading insurtech startup, gaining the country's first operational insurtech license from the National Insurance Commission (NIC). This unprecedented license empowers ETAP to process claims,

November 18, 2024
How Is AI Transforming the Future of the DUAE Insurance Market?
Technology & Trends How Is AI Transforming the Future of the DUAE Insurance Market?

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
Agentech Raises $3M to Revolutionize Insurance Claims with AI Solutions
Technology & Trends Agentech Raises $3M to Revolutionize Insurance Claims with AI Solutions

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
Can Diesta Revolutionize Insurance Payments with $3.8M Seed Funding?
Technology & Trends Can Diesta Revolutionize Insurance Payments with $3.8M Seed Funding?

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 Raises $1.4M, Enhances UnifyAI for Insurance Sector
Technology & Trends Data Science Wizards Raises $1.4M, Enhances UnifyAI for Insurance Sector

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
Explosive Growth in Global IoT Insurance Market Predicted by 2032
Technology & Trends Explosive Growth in Global IoT Insurance Market Predicted by 2032

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
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