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Global InsurTech funding reaches in $1.63 billion in Q1:Gallagher Re

Global InsurTech funding reaches in $1.63 billion in Q1:Gallagher Re

by AIP Online Bureau | May 8, 2026 | International News, Non-Life, Reinsurance, Technology

AI-focused companies dominated the quarter, accounting for 95.2% of total funding — a record share. These firms raised USD 1.55 billion across 68 deals, with all of the ten largest funding rounds going to AI-led businesses. Global InsurTech funding remained resilient...
Insurtech startup Plum nets $20 million in Peak XV-led Series B round

Insurtech startup Plum nets $20 million in Peak XV-led Series B round

by AIP Online Bureau | Mar 26, 2026 | Health, Indian News, Technology

The Bengaluru-based company plans to use the ​fresh capital to scale marketing and sales efforts to expand its ⁠presence in India’s corporate insurance market, deepen technology investments – particularly in AI-driven claims ​operations – and expand...
Odisha announces launch of financial tech capability hub

Odisha announces launch of financial tech capability hub

by AIP Online Bureau | Jul 31, 2025 | Indian News, Policy, Risk Management, Technology

Over the next five years, more than 7,000 students from every district of Odisha will gain “futuristic and job-ready skills in AI, blockchain, InsurTech and digital finance”, an official release said. Bhubaneswar: The Odisha government on Thursday announced the launch...
Florida focused insurtech Slide plans to $340 million US IPO

Florida focused insurtech Slide plans to $340 million US IPO

by AIP Online Bureau | Jun 18, 2025 | International News, Non-Life, Technology, Wealth Management/ Philanthropy

Slide and some of its existing stakeholders are looking to raise up to $340 million by offering 20 million shares priced between $15 and $17 each, the company revealed in a filing on Monday. Insurance tech company Slide is aiming for a valuation of up to $2.12 billion...
Insurtech- For Quick & Seamless Customer Service

Insurtech- For Quick & Seamless Customer Service

by AIP Online Bureau | Dec 29, 2024 | Articles, Intermediaries, Non-Life, Technology

Amit Bhandari, Chief Technical Officer at Magma HDI General Insurance The integration of technology in the insurance claims process is not just a trend, it’s evolution. With the combined efforts of insurers, regulator, and government bodies like the National Health...
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