As we step into the first half of 2024, the insurtech sector in Latin America is facing unprecedented challenges and opportunities. Venture capital funding has plummeted to historic lows, yet the sector continues to display remarkable organic growth and resilience. This article delves into the
Janover Inc., an AI-enabled platform renowned for its specialization in commercial real estate transactions, has introduced a Directors and Officers (D&O) liability insurance product, signifying a substantial expansion of its service offerings. This strategic decision aligns perfectly with their
Lloyd's, a historical cornerstone of the global insurance market, has once again demonstrated its innovative prowess by launching the Canadian Core Fixed Income Solution on its investment platform. This move highlights Lloyd's ongoing commitment to providing enhanced investment opportunities for
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
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
