Insurtech Lemonade reported in-force premium of $1.33 bn, up 32%, extending a ten-quarter run of accelerating growth. Revenue climbed faster, rising 71% to $258 mn, driven by higher premium retention ...
New York Governor Kathy Hochul and legislative leaders are considering tighter controls on auto insurance rate increases, as budget talks remain stalled over broader reforms to the state’s insurance ...
Most U.S. personal auto insurers continue to report underwriting losses despite sharper improvement in premium rates, with the 2025 marked by continued unfavorable claims severity and higher ...
Paris-based Kulipa raised $6.2mn in seed funding to expand stablecoin-funded card issuing across regulated markets in Europe, Africa and the US Omniscient raises €3.5 mn in pre-seed to bring AI ...
The Beinsure Team is a group of experienced professionals with deep expertise in the insurance industry, InsurTech, digital media, and B2B communications. We combine decades of hands-on experience in ...
Founded in New York, insurtech WithCoverage, an AI-enabled risk management platform positioning itself as a replacement for traditional insurance brokers for fast-growing companies, has closed a $42 ...
Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...
The capital will accelerate product development and fuel global expansion, strengthening the firm’s position in the insurance technology space. Founded in 2016, DynaRisk builds cyber intelligence and ...
Auto insurance costs are adding to affordability pressures across California, even as rents in the Los Angeles metro area fall to a four-year low and homeownership remains out of reach for many ...
RockRose Risk, a climate-focused insurance brokerage and captive underwriting manager that specializes in wildfire-exposed commercial property insurance in the U.S., raised $9 mn in funding to expand ...
UK InsurTech Loxa has closed a £2.7 mn seed round completed across three tranches. The financing was backed mainly by angels and family offices, including the Lazaroo-Hood Group. Introductions came ...
California lawmakers introduced legislation designed to standardize how insurers handle wildfire smoke damage claims. The proposal follows major fires that contaminated thousands of homes across the ...
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