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
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
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
Automating insurance verification holds transformative potential for healthcare payments. This article explores the impact of shifting from manual to automated methods, highlighting the benefits for both practices and patients. By addressing inefficiencies and errors in traditional processes,
In recent years, the increasing frequency and severity of natural disasters, driven by climate change, have exposed significant weaknesses in traditional insurance systems, highlighting the urgent need for more effective relief mechanisms. As homeowners face the devastating consequences of
