Technology & Analytics
Bolttech Raises $180M to Supercharge Insurance Company Matchmaker Platform
Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1 billion. The New York ...
U.S.-Based InsurTechs Grabbed Most of the Q1 2021 VC Dollars: Forrester
Approximately 94 percent of InsurTech venture capital financing went to U.S.-based startups during record fundraising for the sector in the 2021 first quarter, according to Forrester's latest sector ...
Universal Fire & Casualty Starts Accepting Cryptocurrency for Premium Payments
Universal Fire & Casualty Insurance Company has started accepting cryptocurrency for premium payments. The reason why: to increase its competitive market position as part of a broader innovation ...
MGA Honeycomb Launches With Bet on Multi-Family Property Insurance
An InsurTech MGA with a focus on multi-family property insurance has raised $3.3 million in initial venture capital insurance and formerly launched in North America. Honeycomb, formerly Agilius, drew ...
How to Value an InsurTech
Next year, Chubb (tracing its roots back to the birth of the Insurance Company of North America) will turn 230 years old, an extraordinary feat of longevity that partly explains why it's the world's ...
InsurTechs Help Carriers Bridge the Digital Divide in Multiple Ways
As the COVID-19 pandemic has pushed many insurers to embrace more technology, there has been some talk of how InsurTechs can step in and help insurers navigate the ever-changing digital space. "I ...
Tractable Attracts $60M to Fuel Further Expansion of AI-Focused Disaster Recovery Tech
The InsurTech Tractable has pulled in $60 million in fresh venture capital. Executives expect to use the money to further the company's artificial intelligence technology for accident and disaster ...
Forgotten Your Passwords? They Soon May Be Lost Altogether – With Insurers’ Help
The most popular password in 2020 was exposed almost 24 million times and took less than a second to crack. While a shocking statistic, when you learn that the most popular password of 2020 was ...