Indian insurtech start-up InsuranceDekho has garnered attention with its successful procuring of $70 million in a significant funding round spearheaded by influential investors MUFG, BNP Paribas Cardif, and Beams Fintech Fund. Since its establishment in 2017, the company has leveraged AI technology
The global cargo transportation insurance market is a vital aspect of the logistics industry, providing essential financial protection against risks such as damage, loss, and theft during transit via various modes including sea, air, or land. In 2023, the market was valued at USD 53.99 billion, and
Amid growing concerns about the resilience of the U.S. power grid and the financial toll of power outages on businesses, Adaptive Insurance, a Texas-based firm specializing in climate resiliency, has recently announced a significant milestone. The company has secured $5 million in seed funding to
The global mobile phone insurance market is primed for remarkable expansion, driven by the increasing penetration of smartphones, rising device costs, and a growing need for device protection against accidental damage, theft, and other risks. As smartphones become an integral part of daily life,
As we continue to navigate the rapidly evolving landscape of homeowners insurance in 2025, understanding the transformation occurring within the industry is vital for both borrowers and mortgage servicers. Over recent years, unprecedented challenges have emerged in this sector, creating a need for
Artificial intelligence (AI) has long been heralded as a game-changer for various industries, and insurance is no exception. Recent insights from a survey conducted by insurance technology provider RDT highlight the enthusiasm for AI's potential. According to the survey, a striking 85% of insurers
