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
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
Investors in Wefox, a significant European insurtech company, have orchestrated a crucial financial intervention aimed at navigating the company through its present financial and operational difficulties. This decisive maneuver centers on a proposed injection of €25 million by leading investors
In a noteworthy development that underscores the growing confidence of investors in InsurTech companies, Amplify Life Insurance has successfully closed its Series B funding round, raising $20 million. The San Francisco-based firm, founded in 2019, aims to revolutionize the life insurance landscape
India's pulsating startup ecosystem is once again in the global spotlight as Zepto, a burgeoning quick commerce startup, navigates through a transformative phase. This phase is not just a critical juncture for the company itself but also reflective of the collective hopes and tenacity of Indian
In response to the mounting complexity of regulatory requirements within the investment sector, M&G Investments, a distinguished asset management firm and an integral part of M&G plc, has cemented a partnership with Clearwater Analytics. This strategic collaboration is aimed squarely at modernizing
