InsurTech Gateway sets out to close InsurTech funding gap with Seed Fund II
Insurtech Gateway, a champion of early-stage InsurTech startups, has completed the first close of its Seed Fund II which will support 20 teams over the next four years from pre-seed to Series A.
Insuretech Way Forward for Insurance Advisors| Mr. Rajiv Gupta, President, Policy Bazaar
Insurtech means the use of technological innovations designed to increase the efficiency and reach of the insurance industry. Insurtech is a combination of the word’s “insurance” and “technology,” just like the term fintech.
In addition to better pricing models, insurtech startups are testing the waters on a host of potential game-changers. These include using deep learning trained artificial intelligence (AI) to handle the tasks of brokers and find the right mix of policies to complete an individual’s coverage.
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the rise of insurtech startup sector in india | policybazaar | digit insurance | nbb news.
as per the inc42 report fintech startups are the most funded among all during q1 2021.
star tech: how this abu-dhabi insurance startup secured $5 million in funding.
technology startup insurance: everything you need to know.
why should insurers work with insurtech startups?
03:45 strengths of the insurtech start ups.
Insurtech Gateway Introduce FloodFlash
FloodFlash provide event-based flood insurance, available everywhere.
Event-based flood insurance is the best way to provide affordable protection to those who need it most.
FloodFlash policies pay out as soon as flood water reaches a pre-agreed depth. This cutting-edge technology provides bespoke, fair premiums, for everyone, everywhere.
Insurtech Gateway Introduce By Miles
By Miles provides pay-by-mile car insurance for savvy drivers. A simple, straightforward policy that better fits the way you live.
Traditional insurance doesn’t make sense if you don’t drive much. With By Miles, a fixed annual cost covers your car while it’s parked, then you just pay for the miles you drive each month.
The future of the insurance industry: A capabilities perspective
The insurance industry is undergoing fundamental transformation. Several disruptive factors have given rise to new players with disruptive business models. This short video by Strategy & (PwC’s strategy consulting team) looks at how insurance players should react to this major shift. The future of the insurance industry will be shaped by players who have the courage to commit to an identity based on how they create value for their customers and build the few differentiating capabilities that will allow them to deliver on that value better than anyone else.