Categories insurance

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An insurtech startup exposed thousands of sensitive insurance applications

A security lapse at insurance technology startup BackNine exposed hundreds of thousands of insurance applications after one of its cloud servers was left unprotected on the internet. BackNine might be a company you’re not familiar with, but it might have processed your personal information if you applied for insurance in […]

Meet Super.mx, the Mexico City-based insurtech that raised $7.2M from VCs and unicorn CEOs

Super.mx, an insurtech startup based in Mexico City, has raised $7.2 million in a Series A round led by ALLVP. Co-founded in 2019 by a trio of former insurance industry executives, Super.mx’s self-proclaimed mission is to design insurance for “the emerging Latin American middle class,” according to CEO Sebastian Villarreal. […]

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Healthcare data sharing: How to improve patient care in the future

Paul Johnson Contributor Share on Twitter Paul Johnson is the CEO and co-founder of Redirect Health, a company that makes healthcare work end to end using technology and a passion for care. More posts by this contributor Moore’s Law And The 30-Year Rule Far too often, we see medical mixups […]

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Tractable raises $60M at a $1B valuation to make damage appraisals using AI

As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. Tractable, which works with automotive insurance companies to let users take and submit photos of damaged […]

Extra Crunch roundup: EU insurtech, 30 years of ‘Crossing the Chasm,’ embedded finance’s endgame

This morning, Anna Heim and Alex Wilhelm dug into the EU insurtech market, interviewing European VCs and collating the biggest recent rounds to take the temperature of the waters across the pond: Alex Timm, CEO, Root Dan Preston, CEO, MetroMile Luca Bocchio, partner, Accel Florian Graillot, investor, Astorya.vc Stephen Brittain, […]

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Embedded finance will help fill the life insurance coverage gap

Melbourne O’Banion Contributor Share on Twitter Melbourne O’Banion is co-founder and CEO of digital life insurance company Bestow. An estimated 41 million Americans say they need life insurance but have yet to purchase coverage. Despite this awareness among consumers, the Life Insurance Marketing and Research Association estimates a $12 trillion […]

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Planck, the insurance data analytics platform, raises $20M growth round

Planck co-founders (from left to right): David Schapiro, CEO Elad Tsur and CTO Amir Cohen Planck, the AI-based data platform for commercial insurance underwriting, announced today it has raised a $20 million growth round. The funding came from 3L Capital and Greenfield Partners, along with returning investors Team8, Viola Fintech, […]

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Longevity startup Gero AI has a mobile API for quantifying health changes

Sensor data from smartphones and wearables can meaningfully predict an individual’s ‘biological age’ and resilience to stress, according to Gero AI. The ‘longevity’ startup — which condenses its mission to the pithy goal of “hacking complex diseases and aging with Gero AI” — has developed an AI model to predict […]

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Hi Marley raises $25M to fund its AI-powered communication platform for the insurance industry

If you’ve ever had to file a claim with your insurance company, you know that it’s not exactly fun. Often, you’re on hold indefinitely waiting to speak to a live person. And if you’ve ever had to file an auto or home insurance claim, you know that all the back […]

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MetroMile says a website bug let a hacker obtain driver’s license numbers

Car insurance startup MetroMile said it has fixed a security flaw on its website that allowed a hacker to obtain driver’s license numbers. The San Francisco-based insurance startup disclosed the security breach in its latest 8-K filing with the U.S. Securities and Exchange Commission. MetroMile said a bug in the […]