Top insurtech funding rounds, May 2025
There were about 48 funding events in the insurtech sector in May, according to a review by Digital Insurance.
There were about 48 funding events in the insurtech sector in May, according to a review by Digital Insurance.
In an interview following remarks at Insurtech Insights, Lucy Pilko, CEO of AXA XL Americas, elaborated on what the insurance industry needs to benefit from AI in its operations.
Tech isn’t a replacement for strategy or a substitute for process design. And it won’t deliver results without the right people behind it.
Uber sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida.
The rise of autonomous vehicles will force a reconfiguration of the $400 billion U.S. auto-insurance industry, according to Goldman Sachs.
Brown & Brown to acquire Accession for $9.8B and bolttech’s $147 million Series C funding plus more insurance news.
The insurance industry can embrace sustainability as a path to meaningful growth, ethical leadership and long-term success.
Bestow launched its first product in 2017 and has grown its platform into a tech solution for life insurance.
Leaders in insurance will succeed by integrating AI with clear goals, strong rules and forward-thinking strategies.
Several recent studies have found that 78% of global life insurance carriers believe data readiness is the biggest challenge in getting value from AI.