The ability to manage and mitigate risks effectively is paramount for the survival and growth of insurance firms. These companies undertake the risks of individuals and businesses in exchange for premiums, promising financial protection against potential losses. The nature of risk in the insurance
The recent announcement from Zurich Insurance Group about its substantial investment in Cowbell Cyber marks a significant development for both the insurance and insurtech sectors, highlighting the growing importance of cutting-edge cybersecurity solutions within the industry. This move not only
Covrzy, a Bengaluru-based insurtech startup, has been making waves in the Indian insurance landscape. Founded by Ankit Kamra and Veera Thota, the company has achieved a significant milestone by securing a direct broking (general) license from the Insurance Regulatory and Development Authority of
The rising prevalence of wearable devices, particularly smartwatches, offers remarkable potential for continuous health monitoring. However, a recent study spearheaded by Dr. Lindsey Rosman from UNC School of Medicine highlights an unexpected downside: increased health anxiety amongst patients with
Wearable technology has dramatically transformed how we monitor our health, granting us deeper insights into our physical well-being. Among the leading devices in this space are the Apple Watch and the Oura Ring, each embodying unique philosophies in health tracking. This article delves into the
Wearable health sensors have emerged as a captivating frontier in modern healthcare, especially given their potential to revolutionize early detection and preventive care for viral infections such as COVID-19 and RSV. However, a critical question remains regarding the efficacy of these devices in
The world of insurance technology, or InsurTech, is quickly expanding, with Chinese companies at the forefront of this digital revolution. One of the standout players in this dynamic field is Iyunbao Technology Ltd., a Shanghai-based technology service platform. Founded in 2015, Iyunbao leverages
In an era where technological advancements are revolutionizing various sectors, the insurance industry has been steadily embracing Artificial Intelligence (AI) to enhance its operations. According to a survey conducted by Gallagher Bassett, a claims-services provider, the use of AI chatbots and
The Agencia Española de Cooperación Internacional para el Desarrollo (AECID) has made a significant investment in Mundi Ventures, a management firm specializing in InsurTech startups and related sectors. This pivotal investment, approved by the Fondo para la Promoción del Desarrollo (FONPRODE),
As we step into the first half of 2024, the insurtech sector in Latin America is facing unprecedented challenges and opportunities. Venture capital funding has plummeted to historic lows, yet the sector continues to display remarkable organic growth and resilience. This article delves into the
