Bengaluru-based insurtech startup Onsurity Technologies recently secured $45 million in its Series B funding round, a significant milestone that promises to enhance healthcare benefits for small and medium-sized enterprises (SMEs) across India. This round was spearheaded by the private equity firm
Securing €50 million in funds amidst a cautious venture capital landscape is a significant achievement for any startup, particularly one navigating the complexities of a highly competitive industry. For Neat, a Paris-based insurtech venture, this accomplishment underscores not only its strong
The first half of 2024 has proven to be a challenging period for the Asian InsurTech sector. Facing a significant downturn in both deal volume and funding amounts, the industry is grappling with difficult economic conditions and shifting investor sentiments. With only 16 transactions recorded, a
The insurance industry, deeply rooted in traditional practices that date back to ancient times, is undergoing a significant transformation fueled by technology-driven startups known as InsurTech companies. These innovators are challenging and redefining the norms set by long-standing, conventional
The insurtech market has demonstrated a remarkable capacity for resilience in recent times. Following a rocky start to 2024 with an investment downturn, the sector has bounced back. The upswing in the second quarter reveals not only the market's determination to recover but also the dynamic
The first half of 2024 has witnessed a significant downturn in investments within the UK's InsurTech sector. Marked by the absence of high-value deals, this period stands in stark contrast to the investment patterns of previous years. The total investment during the first six months of 2024
