Capital markets

The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market in a very short space of time, and that has implications for tech-heavy ESG funds.

New loan acquisitions fell to their lowest level since 2020, but companies also grew shares of residential securities noticeably over the past three years, S&P Global Market Intelligence said.

Longtime industry executive Henna Karna joins as entrepreneur-in-residence

Austin-based Vista bought insurance technology provider Duck Creek Technologies Inc. earlier this year.

Fintech VC funding flooded into consumer-focused companies in 2021. Now, the tides are changing direction.

bolttech lands $196 million; Wefox added $110 million to a $400 million Series D.

Growth alone is not enough to sustain a business in the long term.

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.

The Global Insurtech Report highlights sector investments, which are up from the last quarter of 2022.

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.

As funding realities change for insurtechs, new emphasis areas are likely to emerge.

The insurer is investing in startups, including insurtech Surround Insurance, to generate positive social impact alongside financial returns.

Inshur led the way with a big round and an acqusition.

Joyn Insurance's partnership with Commit allowed the company to launch its platform amidst a downturn of insurtech investments.

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.

There were more than 30 funding events in the insurtech sector.

The startups will receive $50,000 in seed funding.

In an all-cash transaction valued at approximately $2.6 billion.

Digital Insurance spoke with Joel Albarella, founder and head of New York Life Ventures

The collapse of Silicon Valley Bank ratcheted up the financial pressure on startup companies that was already building. How can new entrants adapt?