The insurance industry, long perceived as a slow-moving behemoth, is experiencing a seismic shift thanks to the emergence of InsurTech companies. These tech-driven firms are...
In the connected economy, there are simple business models (think subscriptions), complex business models (think platforms like Uber), and then there’s insurance. The insurance sector...
InsurTech Cover Genius has raised $80 million in Series E funding to grow its embedded protection offering. The company will use the fresh capital to...
InsurTech firm Cover Genius has formed a new partnership with Adyen, tapping the FinTech as its latest payment processing partner. Through the collaboration, Adyen aims...
Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company’s latest shareholder letter — while reporting a 25% increase in total revenues and a...
In the age of smartphones and instant access to information, it’s no surprise that even the most traditional industries are undergoing a digital makeover. The...
InsurTech Qoala has raised $47 million in a funding round led by PayPal Ventures and MassMutual Ventures. The Series C round, announced Wednesday (March 27), will let the Malaysia-based Qoala expand its...
InsureTech companies are showing financial resiliency. After a February that featured 40 funding deals in the category, Porch Group, a leader in the homeowners insurance...
Digital insurance firm Lemonade says predictions of its demise have been greatly exaggerated. The company’s stock has fallen more than 70% since it went public in 2020,...