The first half of 2024 witnessed a significant downturn in the InsurTech investment landscape, a sector once celebrated for its rapid growth and innovative potential. Funding plunged by a striking 52% compared to the same period in 2023. This sharp decline has raised questions about the factors
CarePay International, an Amsterdam-based health insurance platform, has recently made headlines by raising €10 million in a funding round aimed at making healthcare more affordable and accessible worldwide. This significant milestone highlights the growing interest in technology-driven healthcare
The UK Government and the Financial Conduct Authority (FCA) have announced significant changes to retail financial disclosure regulations. These changes are part of a strategic move to replace outdated EU-inherited rules with a more fitting framework for the UK's unique market conditions. Notably,
The insurtech sector has had a rollercoaster journey in recent years. Gaining substantial traction and investor interest in the late 2010s, it experienced a stark downturn in the early 2020s. The landscape for technology-driven insurance startups has dramatically shifted and seen highs and
Global insurtech funding experienced a significant 39.7% increase quarter-on-quarter, driven by larger average deal sizes and an emphasis on advanced technologies. The latest report from Gallagher Re highlights this financial surge, which mainly benefited property and casualty (P&C) insurtechs,
Redalpine, a venture capital firm based in Switzerland, has made headlines with the closure of its largest fund to date, Redalpine Capital VII (RAC VII), amassing $200 million. This milestone underscores the firm's strategic vision and unwavering commitment to backing transformative technologies
