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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...
IRDAI approves 8 new insurance players, final licenses soon: Chairman

IRDAI approves 8 new insurance players, final licenses soon: Chairman

by AIP Online Bureau | May 30, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance

`Debasish Panda, chiarman, IRDAI The industry has now 56 primary players and 12 foreign reinsurers “We would like to have many more players including micro insurers, insurtechs, niche and differentiated players who can operate with a much smaller capital and...

Decentro starts empowering Insurtech via banking APIs

by AIP Online Bureau | May 18, 2022 | Health, Indian News, Non-Life, Technology

Rohit Taneja, Co-founder & CEO, Decentro, said, “The Indian Insurance landscape is evolving well, and technology is playing a major role in its transformation. From managing the problems related to the complex money movement frameworks to ironing out...

Insurtech: HealthySure raises $1.2 mn in Pre-Series A led by Inflection Point Ventures

by AIP Online Bureau | Feb 16, 2022 | Health, Indian News, Non-Life, Technology

The round also saw participation from We Founder Circle, Dexter Angels, Campus Fund, HEM Angels and other private investors, according to a release by HealthySure Mumbai: Insurtech HealthySure has raised $1.2 million (Rs 9crore approx.) in a Pre-Series A round led by...
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