Startups

Alan Aims for Profitability by 2026 with AI and Automation Integration
Startups & Investments Alan Aims for Profitability by 2026 with AI and Automation Integration

Alan, a rapidly growing health insurance startup, has been making significant strides in becoming a formidable player in the insurance market. With an impressive customer base of 700,000 individuals across France, Spain, Belgium, and soon Canada, the company’s reach is expanding at a notable pace.

Weecover Secures €4.2M to Expand Embedded Insurance Globally
Startups & Investments Weecover Secures €4.2M to Expand Embedded Insurance Globally

Barcelona-based insurtech startup Weecover has successfully secured €4.2 million in a recent funding round aimed at bolstering its growth and steering its international expansion. The funding round witnessed participation from high-profile investors including Swanlaab Venture Factory and existing

How Can Moonrock and Hiscox Insurance Benefit Drone Enthusiasts?
Startups & Investments How Can Moonrock and Hiscox Insurance Benefit Drone Enthusiasts?

In the evolving landscape of recreational drone piloting, the necessity for proper protection has never been more pronounced. Moonrock Drone Insurance, recognizing this need, has partnered with Hiscox to extend its comprehensive insurance coverage to hobbyist and recreational drone pilots. This

How Will the Aviva and NatWest Partnership Benefit Customers?
Startups & Investments How Will the Aviva and NatWest Partnership Benefit Customers?

NatWest and Aviva's recent five-year partnership aims to significantly enhance the insurance offerings available to NatWest's customers, providing them with a wider array of protection services. This collaboration expands upon the existing relationship NatWest has with AIG Life, now incorporated

New WTW ResQ Tool Enhances Accuracy and Efficiency in P&C Reserving
Startups & Investments New WTW ResQ Tool Enhances Accuracy and Efficiency in P&C Reserving

The launch of WTW's ResQ Machine-led Reserving introduces a significant technological advancement designed to increase the precision and efficiency of property and casualty (P&C) loss reserving for insurers and reinsurers. This innovative tool leverages proprietary algorithms to enhance existing

MAPFRE RE Sees Strong Performance with 9.3% Net Result Growth
Startups & Investments MAPFRE RE Sees Strong Performance with 9.3% Net Result Growth

MAPFRE RE, the reinsurance arm of the Madrid-based insurer MAPFRE, reported robust financial performance for the first nine months of 2024, marking a notable milestone for the company. Premiums reached nearly €6.3 billion, indicating a 3.5% increase over the previous year. This figure includes €4.8

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