Insurtech Capital’s Post

Exploring what's ahead for insurtech by 2025: A forward look at the innovations shaping the industry. Dive into the future with insights from the article below. #Insurtech #FutureOfInsurance

Discover the top Insurtech companies in Chicago you need to know about. Stay informed with Built In Chicago. #Insurtech #ChicagoTech

Insurtech funding may be down, but innovation is alive and well! The industry is shifting towards more focused and sustainable growth, companies are gaining more touchpoints across the value chain and focusing on specific areas like specialty commercial work. Insurtechs are leveraging data and AI to improve decision-making and customer experiences. Partnerships between insurtechs, investors, and established insurers are driving innovation. As the industry continues to evolve, we can expect to see more exciting developments and innovative solutions. How can insurtechs leverage data analytics to improve risk assessment and underwriting processes? #InsurTech #Sustainable #Innovation

Justin Clarke from ManyPets is unpacking the evolution of pricing and how InsurTech is transforming the UK market. His fascinating insights shed light on the opportunities and challenges facing InsurTechs, making this a can't-miss discussion on innovation and change. #EarnixExcelerate #insurtech #insuranceindustry

Did 2024 start the "Age of Apathy" for #insurance? These are the discussions you get when you put Max Drucker on camera with Leading Change's Ema Roloff— A frank-but-fair assessment of the industry's obsession with the IDEA of technological transformation. Monetary investment in #insurtech solutions is just the first step on a long road to driving sustainable organizational change. What's important is that carriers keep taking the next step until the myth of "instant disruption" gives way to the (much better!) reality of making incremental progress. The Age of Apathy is preventable, and we're here to help! Check out the video below to listen to the full conversation: https://lnkd.in/gHbhrkVB #changemanagement #insurancedata #fraudetection #underwriting #digitaltransformation

I started working for itel over a year ago and much of what we do is driven by data, resulting in solutions that provide the source of certainty to our customers. Watch the video below to learn more about itel! #itel #insurtech

Thanks to AM Best TV and Lori Chordas for including me in their series of interviews at #itcvegas24! Some key points I discuss in the interview: The pressures and challenges of macroeconomic factors, increased cost, and combined ratios, operating performance, expanding risks, and technology advancements are compelling insurers to respond to the need to improve, both operationally and innovatively. The risk-averse nature of insurers and focus on underwriting margins, profitability, reserves, and solvency can restrain their ability to transform, optimize and innovate. Investing in both todays and tomorrow’s business is increasingly critical for carriers to elevate their operational excellence, innovate and create products that address new risks and protection gaps, and rethink the insurance value proposition—making the insurance more transparent, reliable, accessible, and resilient.   It requires rethinking the business model and technology foundation that will enable agility, speed and innovation in a new era of risk. Now is the time to reshape the business model and technology foundation.  The shift in focus for Insurtech is the core of the business and the use of key technologies like GenAI to drive improved productivity, efficiencies and positively impact the operational metrics for insurers -- making them more competitive in the market! https://lnkd.in/dFWJPjDE

We’ve once again been shortlisted for BusinessCloud’s InsurTech 50, which celebrates the UK’s most innovative insurtech companies. Support us by voting in the comments below and help us reach the top spot! #BusinessCloud #Insurwave #Insurtech #Specialtyinsurance

Q2 2024 InsurTech Insights: Funding Soars and Strategic Investments Lead the Way 🚀 The latest Financial Technology Partners / FT Partners Research Q2 2024 InsurTech #Insights #report highlights a significant rebound in the #InsurTech and #TechForInsurance sector: 💰 #Funding Surge: Private InsurTech company funding skyrocketed to $1.4 billion in Q2 2024, marking a 2x sequential increase over Q1's $698 million. This represents a modest 12% year-over-year growth. 📈 Large Financing #Rounds: Nine $50M+ financing rounds were completed, including Sidecar Health's $165M Series D, Transcarent's $126M Series D, and Honey Insurance's $108M Series A. 🌍 #European InsurTech Gains Momentum: The sector saw a 66% increase in deals in the first half of 2024 compared to H1 2023, with notable capital raises by ICEYE, Vitesse, and FintechOS. 📉 M&A Trends: M&A activity remained steady with 31 deals, but total dollar volume fell 68% YoY to $509M. Source: https://lnkd.in/e9xCXmVT ⏰ This is the right #time to invest: Excellent opportunities due to current favorable entry valuations & investor-friendly investment conditions. With Ensure Growth Capital, we are seizing this #opportunity - combining strategic advantages with high return potential as a European venture capital fund #optimized for the #insurance #industry. The InsurTech & Tech for Insurance landscape is evolving rapidly — Together we #EnsureGrowth! #InsurTech #Fintech #Investment #Innovation #Insurance #TechForInsurance

What is insurtech? And why is it growing so fast, attracting $4.5 billion in investment in 2023? The simple answer: Insurtech helps you focus on value, personalize, and create more efficiency.