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Global funding to startups fell 23% in the the second quarter from the first, to $108.5 billion, according to a recent report from CB Insights.

Workers may unintentionally cause many data leaks, but they shouldn’t carry all the blame, according to this cybersecurity specialist.

The push comes from the available technology and customer desire. Younger customers, especially, want services via digital platforms.

Ranger, a personal insurance startup, is promising to revolutionize the way agents connect with consumers by creating a digital platform for agents to advise and connect with clients.

By taking the manual labor out of data management and upkeep, experts can reach new clients and better serve their existing ones.

New products can help insurtechs stand out from the competition and boost profit margins. Successful distribution, though, requires a strategy.

The funds will be put toward expanding into new markets -- including the Netherlands, France, Spain and the UK -- and building out the platform, Wefox said.

Quantstamp incubated the new insurtech with backing from Munich Re and SOMPO Light Vortex. 

The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help. 

The industry’s reliance on historical loss data and traditional catastrophe models is limiting its understanding of future climate risks.