Founded in 2019 by Fred Blumer, Mile Auto offers a unique approach to auto insurance within the insurtech industry. Unlike traditional telematics-based models that use high-tech tracking devices, Mile Auto operates on a simple and privacy-centric method where policyholders provide pictures of their
Cookies have become an integral part of the online user experience, serving a multitude of purposes from enabling website functionality to tracking user behavior for better service delivery. Norton Rose Fulbright's cookie policy is designed with transparency and user control at its core, providing
Feather, a German InsurTech startup, has recently secured €6 million in a successful funding round aimed at bolstering its mission to simplify insurance for expatriates in Europe. Esteemed investors such as Keen Venture Partners, Plural, and several notable angel investors have shown their support,
Cargo theft in the U.S. is escalating, with losses exceeding $130 million in 2023. Experts believe the actual figures could be even higher. Thieves have evolved their strategies, increasingly leveraging technology to execute fraud, particularly through load boards—digital platforms that connect
The recent strategic acquisition of Docomotion by Novidea marks a significant step in Novidea’s efforts to bolster its insurance management platform with innovative automated document generation capabilities. Novidea, known for its comprehensive cloud-based, data-driven insurance management
SeedBlink's recent introduction of the Rolling Facility on its SeedBlink Syndicates platform marks a significant advancement in the way startups can secure ongoing funding, addressing the growing difficulties they face in acquiring traditional venture capital, particularly in a volatile economic
The insurtech industry finds itself at a critical juncture, marked by increasing specialization that, while fostering innovative solutions, also limits the sector's allure to venture capital investors. AV8 Ventures' head of insurtech investing highlights an emerging trend within the industry:
IBISA, an insurtech company specializing in climate resilience through parametric insurance, has successfully raised $3 million in a funding round aimed at expanding its operations in Asia and Africa. This funding round was led by the Acumen Resilient Agriculture Fund (ARAF) and Equator, with
Automation is drastically transforming the insurance industry, bringing a wave of innovation that enhances operational efficiency, customer care, and strategic decision-making. In the modern insurance landscape, automation is becoming indispensable, revolutionizing traditional practices and
In a rapidly evolving financial landscape, the pressure for regulatory bodies to adapt to the needs of emerging sectors is greater than ever. Nowhere is this more apparent than in the insurtech industry, where Insurtech UK is calling for substantial changes. The trade body has put forth a detailed
