The insurance industry, often criticized for its slow adoption of technology, is witnessing a remarkable transformation courtesy of Qantev, an insurtech startup leveraging artificial intelligence (AI) to revolutionize health and life insurance sectors. Founded in 2019, Qantev recently secured a
AXIAN Group's recent investment in WiASSUR, an Ivorian insurtech startup specializing in digital insurance solutions, signifies a pivotal development in Africa's insurance landscape. WiASSUR has quickly made a name for itself with its platform that aggregates various insurance offerings, allowing
The first half of 2024 saw an unprecedented decline in insurtech funding in Latin America. The region, known for its vibrant startup ecosystem and innovative spirit, experienced a sharp drop in venture capital investments. This article delves into the reasons behind this historic low, exploring the
The landscape of insurtech startups is evolving. While the first wave of these companies aimed to disrupt the traditional insurance industry with direct-to-consumer models and innovative technologies, many faced significant challenges and financial struggles. Today, a new generation of insurtech
The Southeast Asian insurtech sector is showing impressive growth and innovation, positioning itself as a potential future leader in the global insurance industry. Despite economic challenges, the sector has managed to attract substantial investment and introduce groundbreaking technologies. This
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