US auto insurers are racing to increase premium rates as they seek to offset historically poor underwriting results. The year-to-date nationwide average increase for private auto insurance is 32% in ...

For private businesses, Bloomberg applies comparisons with similar publicly listed companies using enterprise value-to-Ebitda or price-to-earnings ratios. If net debt is unknown, the valuation assumes ...

London-based insurtech INSTANDA has closed a $20 mn round, a push that lifts total capital raised to more than $85 mn. CommerzVentures led the deal, adding its weight as a specialist investor focused ...

Omnix Medical, a Jerusalem biotech working on anti-infective drugs, closed a $25 mn Series C funding round co-led by Harel Insurance & Finance and the European Innovation Council (EIC) Fund. Existing ...

Previsico, the UK-based InsurTech specializing in live flood alerts, has closed its Series A funding round, setting the stage for a major expansion push. Investors included Connecticut Innovations, ...

SehaTech, an Egyptian InsurTech building AI-driven tools for health insurance administration, closed a $1.1 mn seed round. Ingressive Capital led the raise with Plus VC, strategic angels, and existing ...

State Farm Insurance Co. is under fire in federal court over claims it denied or canceled policies using what the plaintiffs call “cheat-and-defeat AI algorithms.” The lawsuit, filed in the U.S.

Studying the digital world on top of the latest metaverse trends can provide a significant advantage. Many big technology companies in the world are now investing in blockchain projects. Through this, ...

Norwegian’s startup and venture capital landscape in 2025 reflects both resilience and transformation, driven by global capital flows and the country’s strong tradition of innovation. Norway has more ...

Germany’s startup ecosystem in 2025 is consolidating its role as Europe’s second-largest innovation hub after the UK, driven by a combination of fintech, deep tech, AI, and climate-focused ventures.

InsurTech unicorn describes startups that are valued at more than $1 bn. Global InsurTech funding stabilizes and is expected to reach $4.2 bn by the end of 2024 after insurtech funding fell to $1 bn ...

The NAIC overhauled the cyber supplement to the annual statement for 2024 filings, changing from a two-way standalone/packaged split to a there-way primary / excess / endorsement split, according to ...