Insurtech

perils-third-industry-loss-estimate-for-nzs-cyclone-gabrielle-surpasses-nz-2bn

PERILS releases third loss estimate for Cyclone Gabrielle, surpassing NZ$2bn

August 17 2023

The industry loss estimate for the February Nat Cat has increased to NZ$2.018bn (US$1.19bn).

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Vesttoo files for Chapter 11, Interim CEO pledges to fight scandal

August 15 2023

The insurtech has pledged to preserve the company and pursue legal action relating to its fraudulent letters of credit scandal.

Ami Barlev steps in as Interim CEO at Vesttoo in an attempt to avert crisis and lead recovery

August 10 2023

Interim CEO signals that the company is determination to navigate through fraudulent collateral scandal.

korean-insurtech-carrot-general-insurance-appoints-ex-apple-ai-expert-as-cto-report

Korean Insurtech Carrot Insurance appoints ex-Apple AI expert as CTO: report

August 8 2023

The Korea Herald reports that Jinho Lee has joined with the firm looking to expand beyond vehicle insurance using data-driven solutions.

PERILS releases third loss estimate for Auckland Anniversary floods

August 4 2023

PERILS's latest estimate puts the New Zealand flood loss figure at NZ$2bn.

Insurtech Qoala trims 80 jobs four months after US$7.5m Series B round: report

August 3 2023

The Indonesian insurtech said that the lays offs were made following a post-funding assessment, citing the need to improve internal synergies for better future sustainability.

Insurtech Vesttoo cuts staff by 75%, shuts down Asian operations following fake letters of credit crisis: report

August 2 2023

In the wake of the US$4bn credit letter scandal, the insurtech said it was taking measures to reduce costs and focus on core services.

Taiwan's MSIG Mingtai to use Moody's RMS solutions to enhance disaster risk analytics

July 31 2023

MSIG Mingtai has adopted Moody's RMS solutions to enhance their earthquake and typhoon risk analytics models,.

bolttech appoints Stuart Watson as Director for Insurance Exchange in Asia

July 28 2023

With over 18 years of experience, Watson takes on the role to help drive growth and innovation at bolttech.

insurtech-startup-renewbuy-secures-us40m-from-dai-ichi-life-as-part-of-series-d-funding-round

Insurtech RenewBuy secures US$40m from Dai-ichi Life as part of Series D funding round

July 19 2023

The company said it plans to use the funds to expand across Asian markets and improve its product offerings and technology capabilities.

Hailstone Labs invests in OneDegree to spearhead digital asset growth

July 18 2023

The investment aims to promote the advancement of blockchain technology and to streamline the proces of digital asset legalisation.

is-insurtechs-sluggish-growth-a-veiled-treasure-trove-of-future-opportunity2

Does insurtech's modest investment hide a wealth of future opportunity?

July 12 2023

New approaches to assessing risk could drive growth and offer better protection.

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