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Zala Insurtech News: Root Platform (Root), the end-to-end insurance technology platform known for its low-code and API-first approach, welcomes Alex Astengo as the UK Country Manager, based in London.  The post Alex Astengo Takes Helm at Root to Spearhead UK Expansion appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech

Insurtech companies like Sigo Seguros have to walk a dangerous tightrope. We’re tech companies, so it’s important to innovate and push the envelope. But we’re also insurance companies, boxed in by regulations and legal liability. So where Silicon Valley likes to “Move fast and break things,” we at Sigo Seguros prefer to “Move fast and DON’T break things.” It’s about merging rapid innovation with the meticulous nature of insurance. Moving fast and not breaking things is about - the urgency of a startup to accelerate progress - acute awareness of the regulations and the real-life implications on customers' welfare - balancing the need for speed with the responsibility of care. At Sigo Seguros, we aim to strike a balance between agility and reliability. We walk the tightrope of innovation with a commitment to both technological advancement and consumer protection. Follow me Nestor Hugo Solari to learn more about our values at Sigo Seguros.

Embarking on the journey of creating a new insurance product involves a strategic process. From understanding market needs to crafting the product and navigating regulatory approvals, each step is crucial. Check out the carousel for a detailed walkthrough of the key stages in bringing an insurance product from conception to market success. 🚀💼 #InsuranceInnovation #ProductDevelopment #Actuary #FreelanceActuary InsurTech NY Insurtech Circle Insurtech France Insurtech UK Community of Insurance InsurteChile Global InsurTech Summit Insurtech Labs Latam MENA InsurTech Association

Anyone who attended ANZIIF’s Australian Insurance Industry Awards last year will already be familiar with SyncTechnologies since the company bagged the InsurTech Startup of the Year for 2023 award. We caught up with the InsurTech’s Ms. Carolina Dreifuss to find out more. ✍️ Article written by: Paul McNamara #Australia #InsuranceIndustry #InsurTech #Business #Technology

Congratulations to London-based hyperexponential on its $73m Series B funding round led by Battery Ventures, with participation from Andreessen Horowitz and Highland Europe! hyperexponential - the global leader in pricing decision intelligence (PDI) software - serves insurance and reinsurance companies in the multi-trillion-dollar global property-casualty insurance industry. hyperexponential’s PDI platform, hx Renew, enables insurers to leverage large and alternative datasets, develop and refine rating tools rapidly, and employ sophisticated machine learning approaches to price risk and make data-driven pricing decisions at the portfolio and individual level. Read more about hyperexponential and its Series B round here: https://lnkd.in/dNb9Rb9D Wilson Sonsini Goodrich & Rosati is proud to support hyperexponential on the transaction and wishes Amrit Santhirasenan and the hyperexponential team well for this next stage of their journey. https://lnkd.in/dMSH8g7t

🚨: Check out this article from Digital Insurance, covering how Centinel’s focus on power outage coverage addresses a critical risk for small businesses. Many thanks to Michael Shashoua for highlighting how Centinel's parametric approach will empower more resilient SMEs and communities! #RiskManagement #SME #Innovation #UtilityInterruptions

In this interview, Yuri Poletto spoke with Gil Arazi, Managing Partner at FinTLV Ventures. Gil provided advice based on his investments in major embedded insurtechs like bolttech and Next Insurance. On launching new embedded insurance companies, Gil recommended: "Relentlessly focus on the customer experience. Embedded insurance should be seamless and intuitive, providing coverage precisely when and where needed without burdensome processes." He emphasised understanding the customer journey to identify and solve underserved needs. Gil commented on economic impacts, seeing insurtech as resilient but the higher capital costs may favor capital-light models currently. Full interview: https://lnkd.in/d2PxDgvD #Insurance #Insurtech #Embeddedinsurance #Openinsurance #venturecapital

Congratulations to London-based hyperexponential on its $73m Series B funding round led by Battery Ventures, with participation from Andreessen Horowitz and Highland Europe! hyperexponential - the global leader in pricing decision intelligence (PDI) software - serves insurance and reinsurance companies in the multi-trillion-dollar global property-casualty insurance industry. hyperexponential’s PDI platform, hx Renew, enables insurers to leverage large and alternative datasets, develop and refine rating tools rapidly, and employ sophisticated machine learning approaches to price risk and make data-driven pricing decisions at the portfolio and individual level. Read more about hyperexponential and its Series B round here: https://lnkd.in/dNb9Rb9D Wilson Sonsini Goodrich & Rosati is proud to support hyperexponential on the transaction and wishes Amrit Santhirasenan and the hyperexponential team well for this next stage of their journey. https://lnkd.in/dC3RQ29F

Transforming Insurance: B4E Insurtech's Visionary Stride. B4E Insurtech is a transformative force, reshaping the landscape of Insurance Infrastructure-as-a-Service. Our strategic focus on reinsurers, insurers, MGAs, and intermediaries reflects a bold commitment to driving industry-wide innovation. 💡 At the heart of our philosophy is the unwavering dedication to dismantling complexity. By simplifying intricate processes, we empowers the insurance sector to navigate the complexities of the modern world. It's not just about products; it's about reimagining the entire experience, ensuring that rule-based, inclusive insurance products become a necessity for the vast underserved and uninsured population globally. 🌍 We believe that the industry is at the cusp of transformative change, and B4E Insurtech is leading the charge. Our commitment to transformative solutions sets new standards, anticipating the demands of tomorrow and reshaping the future of insurance. 🚀 To immerse yourself in the profound impact of B4E Insurtech or to schedule an insightful demo that unveils the future of insurance solutions, connect with us at [email protected]. Join us on the journey of navigating the future of insurance, where every innovation echoes the inclusive ethos that defines B4E Insurtech's pioneering spirit. #Insurtech #Innovation #InsuranceRevolution 🌐✨ Aman Pal Singh Shivani Singh Raxon D'Souza

Over the last decade, insurtechs have disrupted traditional insurance models. Yet, many insurtechs remain reliant on established insurers to actually underwrite their policies. FinanceMalta offers an alternative pathway for insurtechs seeking to become carriers. This pathway enables insurtechs to expand their operations or test new markets without relying on insurance or fronting partners. By leveraging Malta’s protected cell company (PCC) framework, insurtechs can directly access the European Economic Area (EEA) single market. Learn more right here: https://lnkd.in/eH2aAtgS #insurtech #insurance #innovation #ITCDIAAMS Ian-Edward Stafrace