Startup

Cota Capital developed a framework of six pillars to evaluate the viability of embedded insurance opportunities.

A committee of Vesttoo creditors said the company is "viewed as the Madoff of insurance" and that its remaining cash should be preserved so it can pursue potential litigation against former corporate insiders and other parties involved in the alleged fraud, according to a court filing Sunday.

Insurtech founded in 2018 uses AI to evaluate small businesses' risk, making it possible for them to get coverage from top carriers.

A representative for Bolttech declined to comment.

Digital Insurance is fielding its 2024 Predictions survey about technology and issues affecting insurance.

Having recently increased its market, Roadzen is turning to a SPAC arrangement to fund further expansion plans.

Today, when life insurtechs start fundraising, VCs ask them about their loss ratios—an impact of the insurtech 1.0 market crashes. But this question signals that venture capitalists still have a nascent understanding of the overall insurtech ecosystem and the various business models within.

Hi.Q Inc. filed for Chapter 7 liquidation listing estimated assets of no more than $10 million and estimated liabilities of at least $100 million, according to a bankruptcy petition filed Wednesday in Delaware.

White Rock accused Vesttoo of pocketing millions of dollars in ill-gotten insurance premiums.

Kim shares with Digital Insurance her take on what is happening in the insurtech space in terms of venture capital funding and the impact of the climate crisis on digital solutions.