Startups & Investments

SEA Insurtech Market Surges: $2.35B Deals Fueled by Major Investments
Startups & Investments SEA Insurtech Market Surges: $2.35B Deals Fueled by Major Investments

In an impressive display of growth, the insurtech sector in Southeast Asia (SEA) experienced a significant surge in deal value, reaching USD 2.35 billion in 2023, according to a recent EY report. This fourfold increase has been driven largely by key transactions, bringing the sector into the

Southeast Asia Insurtech Sector Surges to $2.35B in 2023 Despite Fewer Deals
Startups & Investments Southeast Asia Insurtech Sector Surges to $2.35B in 2023 Despite Fewer Deals

In 2023, the Southeast Asia (SEA) insurtech sector experienced an astonishing boom in deal value, soaring to $2.35 billion. This surge is remarkable, especially when juxtaposed with the deal value in 2022, which was significantly lower at $538 million. These figures have materialized despite a drop

Can US InsurTech Overcome 2024's Major Funding and Deal Decline?
Startups & Investments Can US InsurTech Overcome 2024's Major Funding and Deal Decline?

The first half of 2024 has been daunting for the US InsurTech sector, starkly contrasting with its previously rapid growth. A significant dip in both funding and deal activities marks this downturn. How are industry players navigating these choppy waters, and can innovation and regional strengths

Is California Leading the Way Amidst InsurTech Market Decline in 2024?
Startups & Investments Is California Leading the Way Amidst InsurTech Market Decline in 2024?

The U.S. InsurTech market has faced turbulent times in the first half of 2024, marked by a noteworthy decline in both funding and deal activity. Despite these setbacks, certain regions and companies have shown resilience and adaptability, raising questions around the role of key players in

RB Ventures Launches in Dubai to Innovate Re/Insurance Sector
Startups & Investments RB Ventures Launches in Dubai to Innovate Re/Insurance Sector

The launch of RB Ventures in Dubai marks a significant development in the re/insurance and insurtech sectors, led by Rohit Boda, the Managing Director at J.B. Boda Group. This new venture capital firm aims to bridge the capital gap in these industries by offering investment opportunities to global

How Is QuickFacts Transforming the Insurance Industry with Tech?
Startups & Investments How Is QuickFacts Transforming the Insurance Industry with Tech?

QuickFacts, an InsurTech startup founded in 2020 by Christy Barsalou and Jeff Barsalou, has been making significant strides in revolutionizing the insurance industry. Using cutting-edge technology, the company aims to streamline operations, enhance efficiency, and improve the overall workflow for

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