InsurTech
China-Based InsurTech Waterdrop Hopes to Raise $360M in New York IPO
Chinese online insurance technology firm Waterdrop Inc aims to raise up to $360 million in an initial public offering on the New York Stock Exchange, company filings show. Waterdrop, which is backed ...
Executives On The Move at Buckle, Hippo and AXIS Insurance
The InsurTech Buckle hired a former Farmers Insurance executive in a leadership role. Hippo appointed a number of new executives to its technology team. AXIS Insurance is bringing on a new executive ...
MGA Startups During COVID Helped Accelerate Digitization: InsurTech Forum Preview
One of the more intriguing InsurTech trends over the last year has been an accelerated push by MGA startups to make insurance easier for consumers in a variety of ways. COVID-19 propelled that ...
Insurance, Tech Stocks Outpace InsurTechs in 2021: New HSCM Index
Stock prices of 18 U.S. InsurTechs that went public in the last decade soared as a group in 2020. But so far in 2021, large non-insurance technology companies and traditional insurance stocks both ...
The Latest Launches From USAA and Neptune Flood
USAA expanded its safe driving app into 10 additional states. Neptune Flood has launched its latest capacity program, which is designed to help provide a private flood insurance alternative to the ...
SEC Mulls New Guidance to Rein in Growth Projections for Reverse Merger Companies
U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when they qualify for certain legal protections, according to ...
Q1 InsurTech Funding Reaches New Global High: Willis Towers Watson
InsurTech venture capital funding reached more than $2.5 billion in the first quarter – a new global high. But just eight companies accounted for close to half of the total, according to a new ...
Insurance Fraud Bureau, Shift Technology to Develop AI-Based Fraud Detection System
The Insurance Fraud Bureau and Shift Technology will partner on developing a new fraud detection system for the UK insurance sector. Expectations are that the new platform will be in play by early ...