Praveen K. Reddy’s Post

What is the current state of investing in InsurTech? Is it dead? If not, what does the path ahead look like? What about IPOs and SPACs? I sat down with General Partner at AV8 Ventures and InsurTech investing veteran, Amir Kabir, to hear his take on where things are and where they’re headed while we were at InsurTech Insights USA 2024. Catch Amir in Season 6, Episode 3 of The Future of Insurance at https://lnkd.in/ejWiaZZ4 #insurtech #insurance #futureofinsurance #innovation

Seven years ago, FMIC - Frederick Mutual Insurance Company re-positioned itself as "a 174-year-old startup”, embracing product innovation and leaning into new technologies with practical business value. Now, they're using Federato to equip their underwriters with sophisticated data capabilities typically limited to larger carriers with larger budgets and headcounts. A tech-first approach to implementation will allow them to do so on a much shorter timeline than conventional digital transformation rollouts. Check out the link in the comments below to learn how Nancy Newmister, President and CEO and the team at Frederick Mutual are improving the client experience and their bottom line with Federato’s RiskOps Underwriting Platform. We’re thrilled to be on this business transformation journey with them! #underwriting #insurance #insuranceinnovation #digitaltransformation #commerciallines #commercialinsurance

If you’re heading to Accelerate 2023, here are sessions that you should definitely check out… #accelerate2023

Insurance fanatics (like me...) it is time to check out this week's edition of 3 Things We Learned for this week's #insuranceindustry headlines ... What companies are making big news? Find out... https://lnkd.in/epP2NnvF (PS... If you want to be in the know and receive this weekly, please go to the site and subscribe.)

As we digest the overwhelming information from all the sessions and meetings we had at InsureTech Connect Vegas, I'll share another sound bite from my conversation with Bobby Touran about continuous underwriting. #insurance #insurtech #VC #startups Rainbow

Hi 👋 Friends! Here is the latest edition of 'The 3 Things We Learned' our weekly post (👇 check comments for link to full post 👇 ) using the headlines of the #insuranceindustry to tell the story of the what happened tying to the major themes we all are seeing as we journey into 2024... Highlights Include: 1️⃣ Advancing specialization and control with news from HDI Global Specialty SE acquiring remaining stake in Falcon Risk Services and Rainbow Insurance receiving $12 m in funding from big named investors including Arch Capital Group Ltd. 2️⃣ Strategic expansion moves from Rokstone Underwriting forming a partnership with Allianz and Marsh launching an automated captive formation solution to allow any organization to rapidly form an 'insurance company' to cover special risks 3️⃣ 2024 remains active with insurtech solution providers making acquisitions and receiving other investments as seen with Riskonnect, Inc. acquiring Ventiv Technology and hyperexponential raising $73 m in Series B from major investors Thank you for reading, following and all of the positive feedback. If you aren't already, please subscribe at wikifri.com and / or follow Wikifri ... see you next week! #insurance #insurtech #investment

'''Top insurtech funding rounds, April 2024''' Exciting news in the insurtech world! Check out the latest funding rounds shaping the industry this month. Stay updated on the future of insurance. #Insurtech #FundingRound #Insurtech

Zala Insurtech News: Aspen Insurance, under the ownership of private equity firm Apollo, has officially submitted its paperwork for an initial public offering (IPO) in the United States, as per a regulatory filing on Wednesday. The post Apollo-Owned Aspen Insurance Files for IPO in the U.S. appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech

wefox, the German InsurTech is reported to have sent a letter to shareholders warning them that it could be insolvent by the summer. This is the same Wefox that was valued at $4.5bn less than two years ago, and which is reported to have raised $160m in 2023 alone. How can investors get it so wrong? It’s simple: not doing commercial and operational due diligence on InsurTechs. Read our latest article where we lay out some of the learnings we have made in diligences so far. https://lnkd.in/eaGPs8Gi #insurtech #duediligence #investestors #commercial #operations #diligence #governance