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The company, which currently operates in six countries, is planning to use some of the funding to develop a platform for other insurers to build insurance products via Wefox's technology.
May 17 -
The Global Insurtech Report highlights sector investments, which are up from the last quarter of 2022.
May 12 -
The nonprofit will work with the New York State Energy Research and Development Authority to fund innovators for insurance products that tackle climate-related risks.
May 10 -
As funding realities change for insurtechs, new emphasis areas are likely to emerge.
May 9 -
The insurer is investing in startups, including insurtech Surround Insurance, to generate positive social impact alongside financial returns.
May 4 -
Inshur led the way with a big round and an acqusition.
May 2 -
Joyn Insurance's partnership with Commit allowed the company to launch its platform amidst a downturn of insurtech investments.
April 25 -
Fintechs were already clustered in New York and San Francisco. Now that most startups work with the four largest banks, it's even harder to create new technology in the heartland.
April 10 -
There were more than 30 funding events in the insurtech sector.
April 5 -
The startups will receive $50,000 in seed funding.
March 30