Foxquilt announces strategic collaboration with Markel
January 16, 20244 min
Foxquilt, North American digital MGA, will broaden distribution of their proprietary insurance products in the US through a key collaboration with Markel.
Sure introduces Quote Assistā¢
January 10, 20243 min
Quote Assistā¢ with generative AI capabilities is helping to bridge the gap between digital and physical insurance purchasing experiences
Landlord Studio expands its partnership with Sure
September 6, 20235 min
Growth of partnership includes integration of Sure's embedded home warranty solution for seamless property management
InsurTech Market Projected to Reach $49.78 Billion by 2027
September 4, 20239 min
TheĀ “InsurTech (Insurance Technology) Global Market Report 2023″Ā report has been added toĀ ResearchAndMarkets.com’sĀ offering. The global InsurTech (insurance technology) market is poised for substantial growth, projected to increase from $10.53 billion in 2022 to $14.37 billion in 2023 at a compound annual growth rate (CAGR) of 36.52%. Furthermore, the market is expected to reach $49.78 billion by 2027, with a CAGR of 36.42%. What is InsurTech? InsurTech, or insurance technology, refers to the integration of technological advancements to...
Alpha FMC announced new hire
August 24, 20233 min
Alpha FMC, the leading global consultancy to the asset management, wealth management and insurance industries, announces the hire of Keval Mehta to its North American insurance consulting team. Keval joins Alpha as an executive director and insurance technology leader, as part of Alphaās continued expansion into the North American insurance consulting market. Keval is a trusted technology executive joining from Accenture, where he was a managing director, insurance cloud and data practice lead, and was...
Quility announces Significant Investment from F&G
August 11, 20234 min
F&G's investment will expedite Quility's advancement of its proprietary insurance technology and automation platforms, as well as its products.
Insurtech startup Functional Finance raises $8 Mn in seed capital
August 4, 20237 min
Funding, led by NEA with the support of other premier investors including Hank Greenberg's C.V. Starr Insurance, will accelerate product development and marketing initiatives that focus on streamlining back-office functions for companies in the insurance industry
North American Digital MGA, Foxquilt, secured $12M Funding
July 27, 20234 min
Foxquilt, a leading North American insurance technology company specializing in small business and micro-enterprise markets, is pleased to announce a successful raise ofĀ $12M. The financing spanned two rounds with the initial closing at the end of 2022, led by ICM, and the latter in recent weeks with participation from both existing and new investors. This substantial investment underscores the confidence in Foxquilt’s innovative approach to insurance and its potential to transform the industry landscape. Founded...
Ennabl raised $8M In Series A fundraising round
July 27, 20233 min
Ennabl, a leading Insurtech data analytics platform, is proud to announce the successful completion of its Series A funding, which has raisedĀ $8M.Ā This funding will accelerate the company’s growth and expand its market reach. The Series A round was led by Brewer Lane Ventures, with participation from Altai Ventures and private investors.Ā The company will use the funds to invest in product development, expand the company’s sales and marketing efforts, and grow its team. “Ennabl’s...
Novidea hires Erez Nissim as Chief Technology Officer
June 29, 20234 min
Former Playtika, NICE, Amdocs, and SAP executive joins Novidea's senior leadership team to support its next phase of global growth