InsurTech
Homeowners InsurTech Openly Raises $100M in Series D
Homeowners InsurTech Openly announced it has raised $100 million in Series D funding. The round was led by Eden Global Partners, a financial institution specializing in providing long term capital ...
Delos in California Raises $7.3M in Seed Extension Round Led by IA Capital Group
Delos Insurance Solutions in California announced a $7.3 million seed extension round, enabling the managing general agent's expansion in the California homeowners' insurance market. The seed ...
CLARA Analytics Raises $24M in Series C, Furthers AI Adoption
CLARA Analytics, a provider of artificial intelligence technology for insurance claims optimization, announced its $24 million Series C funding. This brings its total funding to $60 million. The ...
After Countrywide Pause, InsurTech Hippo Slowly Reemerging Next Week
A profitability problem that would have otherwise taken InsurTech Hippo half a year to correct is on the mend after just 30 days, the chief executive officer said at an investor conference Thursday. ...
New Lloyd’s Lab InsurTech Cohort to Focus on Climate, Cyber and Sustainability in Asia Pacific
Lloyd's has announced the 12 teams that will join the 11th cohort of the Lloyd's Lab, the InsurTech accelerator hub for developing innovative insurance products in the ...
Cyberwrite President Predicts an Avalanche. Are Cyber Underwriters Ready?
Harmut Mai, president of Cyberwrite, believes that in the future, insurance underwriters will see "an avalanche of businesses that are in need of a cybersecurity program." "There's no way the current ...
Grid-by-Grid: How One Tech Firm Dissects California Wildfire Risk to Sell Insurance and Reinsurance
There is general consensus among insurance and reinsurance underwriters about the safest property risks to accept in the California market, according to the co-founder of ...
Evacuation Policies and Cat Strips: Wildfire Insurance and Reinsurance Ideas That Failed
Sometimes, it takes a few tries to develop the right insurance or reinsurance product—one that will align well with the needs and wants of customers.
In their 1999 paean to California, the Red Hot Chili Peppers sang that "Destruction leads to a very rough road, but it also breeds creation." The rock band was referring ...
California Wildfires Dwindle as Premiums Surge