In an era where the insurance industry grapples with persistent inefficiencies, a groundbreaking development has emerged to tackle these challenges head-on. Pibit AI, a promising InsurTech startup founded by Akash Agarwal, has recently raised $7 million in a funding round led by Stellaris Venture
Pioneering a Data Revolution in Insurance The insurance industry stands at a critical juncture, burdened by fragmented data systems that cost billions annually in inefficiencies and missed opportunities, and with the launch of the openIDL Homeowners Standard v.1.0 by openIDL, an initiative under
I’m thrilled to sit down with Simon Glairy, a leading expert in insurance and Insurtech, who brings a wealth of knowledge on risk management and AI-driven risk assessment. With years of experience in navigating the complexities of the insurance industry, Simon offers unique insights into pressing
The commercial greenhouse sector in North America is experiencing remarkable growth, with a market value pegged at $5.9 billion in 2024 and an expected surge to $11.4 billion by 2031, driven by an insatiable demand for year-round fresh produce and locally sourced plants. This rapid expansion
In a shadowy corner of the insurance industry, a devastating epidemic of fraud is unfolding, orchestrated by staged accident rings that siphon billions of dollars each year through cunning and ruthless schemes, exploiting the most vulnerable members of society. These criminal networks, often driven
Setting the Stage for Cyber Defense Insights In an era where digital breaches cost businesses billions annually, the cyber insurance market stands at a critical juncture, grappling with escalating threats and uneven adoption rates. Recent data reveals a staggering reality: over 60% of small and
