Thursday, June 13, 2024
Outlook.com
Outlook India
Outlook Business

Insurtech

This takes the total funding raised by the start-up to $6 million

Insurtech firms in India are adopting cutting-edge technologies like AI and ML to combat insurance fraud. However, they face unique challenges in a diverse linguistic environment and the quest for high-quality data

Alwrite offers an all-in-one quote procurement and placement, underwriting, and user management, along with knowledge and risk management solutions

Mitsubishi UFJ Financial Group, Inc, BNP Paribas Cardif through its Insurtech fund managed by Eurazeo and Beams Fintech Fund join the cap table

Ethos started business in India last year by establishing a full-stack office in Bengaluru

Brazil can simplify bureaucratic procedures to reduce barriers faced by start-ups during its presidency of the Start-up20 Engagement group next year

Her expertise lies in change management, developing and managing a diverse workforce, leadership development, organisation effectiveness, and total rewards

This is part of the insurtech's ongoing Series D fundraising, which is expected to close soon

3 in 5 investors expect deal activities to rise in the next three years, with most stating that over 75 per cent of their funds’ allocation will be towards digital investments in the next seven years

Technologies like AI, ML and data analytics offer insure-techs real time visibility into customer lifecycles, helping them identify potential risks and devise customised offerings based on a user's policy history