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Indian Insurtech sector attracted $ 2.5 bn funding, more investment to flow: Report

Indian Insurtech sector attracted $ 2.5 bn funding, more investment to flow: Report

by AIP Online Bureau | Nov 20, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Technology

(Lto R) Vivek Mandhata, managing director & partner, Boston Consulting Group (BCG) and Arvind Virmani, member, NITI Aayog releasing a report on Indian Insurtech Sector on Wednesday in Mumbai According to report, released by Arvind Virmani, member, NITI Aayog at...
Southeast Asia’s InsurTech sector: Needs profitability, customer-centricity and innovation

Southeast Asia’s InsurTech sector: Needs profitability, customer-centricity and innovation

by AIP Online Bureau | Aug 25, 2024 | Articles, Eco/Invest/Demography, Non-Life, Technology, Workplace/Employee Benefits

“To optimize their capabilities and sharpen their customer value proposition, InsurTech firms are exploring innovations across three areas, namely in technology, such as using AI for dynamic pricing and claims management; in product so as to serve emerging, new...
Wipro invests $66 million in US insurtech Aggne

Wipro invests $66 million in US insurtech Aggne

by AIP Online Bureau | Feb 14, 2024 | International News, Non-Life, Technology

EAST BRUNSWICK, N.J/TAMPA, Fla/ BENGALURU:  “The Aggne team has a deep and well-established experience in the P&C insurance space. Their unique IP and modular approach to implementations significantly accelerate time-to-market, driving faster business outcomes and...
Q3 InsurTech investment surpasses USD1 billion on P&C surge

Q3 InsurTech investment surpasses USD1 billion on P&C surge

by AIP Online Bureau | Nov 3, 2023 | Intermediaries, International News, Life, Non-Life, Technology

With wealthy backers writing enormous checks, InsurTechs could ignore the importance of loss ratios or customer retention. They – and their investors – could instead focus on metrics like growth and divergence and miss the extremely important lessons that ultimately...

Global investment in InsurTech at $2.41 billion in Q2 2022, drops 50% over Q2 2021:Gallagher Re

by AIP Online Bureau | Aug 4, 2022 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance, Technology

Q2 saw 40 L&H(Life & Health) investments of $918 million, up 12.4%, and 92 P&C InsurTech deals worth $1.49 billion in total. P&C deal flow was down 13.2%, but total investment was up 5.9% on Q1, while average deal size was $20.73 million London: Global...
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