InsurTech
AI-Driven Embedded Platform Mulberri Announces $6.75M Series A
Mulberri, an artificial intelligence-driven embedded business insurance platform for small and medium enterprises, announced its $6.75 million Series A led by Eos Venture Partners, with participation ...
Tech Bytes: New Partnerships at Verisk, INSTANDA, bolttech
Verisk, a global data analytics and technology provider, has expanded its collaboration with the National Fire Protection Association to provide wildfire risk and mitigation data from its Firewise ...
Insurity Reports AI Resolves 75% of Policyholder Needs
Cloud software provider for insurance carriers, brokers and MGAs, Insurity reported it's AI resolves 75 percent of policyholder needs, effectively reducing live agent interactions during times of ...
Nearmap Announces Agreement to Acquire Betterview
Nearmap, a location intelligence and aerial imagery solutions provider, has signed an agreement to acquire Betterview, a property intelligence and risk management platform in the insurance industry. ...
Former Root Marketing Exec Pleads Guilty to Taking Over $10 Million From the Insurer
Brinson Caleb "BC" Silver, former chief marketing officer for InsurTech Root, has pleaded guilty to stealing more than $10 million from his former employer and violating court orders. According to ...
Several InsurTechs Unite to Launch InsurTech Coalition
Members from several InsurTechs, including Boost, Branch, Clearcover, Lemonade and Root Insurance, published an open letter to the insurance industry announcing the launch of the InsurTech Coalition, ...
What to Expect: 8 InsurTech Predictions for 2024
2023 has been a tough year for InsurTechs to raise the Venture Capital they need to grow. Investors turned their backs on whole categories like full-stack carriers and direct-to-consumer startups. ...
Up and Down: InsurTech Funding Headed for Six-Year Low
Trackers of InsurTech deals revealed a 19-20 percent uptick in InsurTech funding for the third-quarter of 2023,compared to second-quarter totals, but year-to-date deal volume is less than half of ...