Latest Developments in Global Insurtech Market

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Latest Developments in Global Insurtech Market

  • ICT
  • Sep 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In December 2024, Sure collaborated with CU Financial Group, LLC to introduce SimpleQuote, a cutting-edge digital insurance solution designed to provide credit union members with effortless access to insurance products, marking a key step toward digitalizing insurance services for the credit union sector. This initiative is expected to enhance member engagement and streamline the insurance purchasing process
  • In November 2024, Fedo.ai partnered with Canara HSBC Life Insurance to roll out AI-powered, non-invasive health assessments, aiming to transform the health insurance customer experience through advanced technology. This partnership underscores the growing role of AI in simplifying health assessments and enhancing service delivery
  • In March 2024, Zego, a U.K.-based insurtech firm, announced the expansion of its fleet insurance services to Southeast Asia, reflecting the increasing globalization of digital insurance solutions. This move highlights Zego's strategic efforts to tap into high-growth markets in the region
  • In March 2024, CNB Bank & Trust (CIBC) joined forces with Insuritas to integrate a full-scale digital insurance agency into CIBC's platform, leveraging Insuritas' BUNDLE platform to offer comprehensive insurance solutions for retail and commercial clients. This partnership strengthens CIBC’s position in providing embedded, seamless insurance experiences
  • In June 2023, Clover Health Investments Corp., known for its physician enablement services improving Medicare access, announced a preliminary settlement agreement to resolve seven derivative lawsuits pending across courts in Delaware, New York, and Tennessee. This resolution marks a significant legal milestone, helping Clover Health focus on its core mission of enhancing healthcare accessibility