Some thoughts on AI aesthetics, the challenge of uninsurability, and how to pitch a biotech startup to non-experts. © 2024 TechCrunch. All rights reserved. For personal use only.
Allianz Direct, a digital-first German subsidiary of the insurance giant, has acquired the French home insurance business of ailing insurtech Luko for €4.3 million (around $4.65 million). © 2023 TechCrunch. All rights reserved. For personal use only.
While Luko could still sell itself, it seems less likely to receive a “very competitive offer.” © 2023 TechCrunch. All rights reserved. For personal use only.
Insurtech has had a rocky few years. Several startups in the space raised a lot of money and tried their luck on the public markets, but found that investors were unwilling to grant them valuations on par with other tech companies for just trying to ma…
German insurtech company Getsafe is still bullish about direct-to-consumer insurance, but others are moving away from this business model. © 2023 TechCrunch. All rights reserved. For personal use only.
It’s not all rosy for companies that put growth first back when it was sexy to reach for the skies, and now find themselves in a market that favors a quick, viable and visible path to profitability.
The value of the global cyber insurance market reached $13.33 billion in 2022 and is projected to soar to $84.62 billion by 2030.
If you only tracked American insurtech companies that went public recently, you might think insurtech is in its flop era. Thankfully, that’s not true.
Data for the year so far shows public insurtechs struggling and a sharp decline in venture capital flowing into the sector.
The rise of FinOps already fueled multiple acquisitions, including IBM’s plan to acquire Apptio for a whopping $4.6 billion, but there’s more to come. What do FinOps and parametric insurance have in common? by Anna Heim originally published on TechCrunch
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