Paris-based startup Celest Science has successfully raised €2M in seed funding to advance its innovative approach to climate risk modeling. Spearheaded by prominent investors Astorya.vc and Plug and Play, the funding round saw participation from 16 business angels, including notable figures such as
The integration of artificial intelligence (AI) into the insurance industry is reshaping traditional underwriting, introducing innovative changes in risk assessment through advanced analytics and real-time data processing. The shift to AI-enabled systems offers a transformative approach that
Once a leader in the fitness tracker market, Fitbit is now undergoing significant transformations that highlight broader trends in wearable technology. Once the dominant player, Fitbit's recent decline reflects a shifting industry landscape and raises questions about the future of wearable
The Utah Department of Insurance has issued a warning about scammers selling fake auto insurance policies via WhatsApp. These fraudsters provide counterfeit proof of insurance using the names of real local agents, leading buyers to believe they have valid coverage when they do not. With the average
Increasingly frequent and severe climate-related disasters pose substantial challenges for recovery efforts, prompting the search for more efficient insurance solutions. New York's recent legislative move to incorporate parametric insurance aims to address this demand, providing quicker financial
The insurtech sector has experienced rapid growth, bringing innovative solutions to critical challenges in climate and cyber protection. As traditional insurance models struggle with affordability and accessibility, the rise of insurtech offers promising opportunities to bridge these gaps,
For the interview with Simon Glairy, a recognized expert in insurance and Insurtech, let's delve into the fascinating world of wearable technology and fitness tracking devices, specifically focusing on the latest offerings from Garmin. Having studied them extensively, Simon is poised to reveal deep
The air cargo industry is currently grappling with persistent challenges brought about by stringent regulations and an ever-changing global trade environment. Traditional compliance mechanisms that heavily depend on paper-based processes and fragmented systems are proving to be inadequate. This
Chainalysis is at the forefront of leveraging artificial intelligence to tackle the growing threats and complexities in the cryptocurrency landscape. The firm is making strategic investments in blockchain technology and enhancing its suite of products to stay ahead of AI-driven scams and
In a significant achievement for the financial technology industry, Green Check (GC), a leading fintech company that specializes in the cannabis market, has been honored with the title of "Best RegTech Company" at the FinTech Breakthrough Awards. This prominent recognition by FinTech Breakthrough,
