Zala for Insurtech Innovation的动态

Zala Insurtech News: The Demex Group, a risk analytics and intelligence firm specialising in stop-loss reinsurance protection, has raised $10.25 million through a Series A and previous SAFE funding round, led by Congruent Ventures. Moxxie Ventures, MetaProp, and existing investor Blue Bear Capital also participated. The post Demex Group Closes Succesful $10.25million Series A appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech

?? arqu Raises $10 Million in Series A Funding ?? arqu, a tech-enabled wholesale insurance brokerage based in San Francisco, has secured $10 million in a Series A round led by Crosslink Capital, with participation from Intact Ventures. This funding will facilitate expansion into new industry verticals and accelerate product development, particularly in the Excess & Surplus (E&S) market. By enhancing its portfolio-level analytics, arqu aims to tackle larger, more complex risks, already collaborating with 20 of the largest retail brokerages in the U.S. The company plans to diversify its offerings into sectors such as Real Estate, Energy, and Environmental. Co-founder and CEO Chi Lee emphasized that their technology empowers broker teams to deliver exceptional service and effectively manage large-scale commercial risks. #Insurtech #Funding #Innovation #Insurance #Arqu https://lnkd.in/gC9RgzEx

?? VERITUITY raises $18.8M to transform verified payments! ???? Verituity, a leader in verified and intelligent payments, has closed an $18.8M funding round led by Sandbox Industries and Forgepoint Capital, with participation from Ardent Venture Partners and MTech Capital. Christopher Zock, Co-CEO of Sandbox Industries, joins Verituity’s board. The funds will accelerate Verituity’s expansion into new domains such as mortgage servicing and the energy sector, enhancing their machine learning and AI capabilities. Their Zero Trust Payout Verification? system aims to modernize disbursements and remittances, ensuring secure, near-instantaneous payments. CEO Ben Turner highlighted Verituity’s role in orchestrating billions in verified payouts, empowering businesses to deliver trusted, on-time payments. Chris Zock praised Verituity’s innovative approach to embedding verification into payouts, crucial for insurers and healthcare companies. Don Dixon from Forgepoint Capital emphasized the company’s potential in the rapid digital transformation of disbursements, particularly through AI investments. #Fintech #Investment #VerifiedPayments #DigitalTransformation #AI #MachineLearning #Innovation #B2B #B2C Read more: https://lnkd.in/d9AqdnFE

AI Unlimited Group Enters Binding Agreement to Acquire BeyondTrade Securities at $2.95, Enhancing Nest Egg’s Regulated Financial Services Capabilities ? AI Unlimited Group Inc. (#OTCQB: #AIUG), a leader in AI-powered solutions across fintech, investment, and travel sectors, is pleased to announce a binding agreement to acquire BeyondTrade Securities, a licensed broker-dealer, at $2.95 per share. This strategic acquisition strengthens AI Unlimited Group’s Nest Egg platform, expanding its capabilities into regulated #financial services, including direct #brokerage, trade execution, and compliance-integrated solutions. ? https://lnkd.in/e856cmBJ #AIUnlimitedGroup #InvestmentStrategies #AIinFinance #FintechInnovation #SmartInvesting Trent McKendrick

Zala Insurtech News: Insurtech funding has seen a significant uptick in recent weeks with raises almost reminiscent in frequency of the 2021 digital transformation boom.? The post Insurtech Funding Round-Up: Top 12 Investment Raises of Q2 2024 appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech

Congratulations to Alkymi on being named in CB Insights' 2024 Fintech 100 list ?? Recognized as one of the top 100 most promising companies serving the financial services industry, Alkymi was featured for its data extraction capabilities and use of AI to improve private markets workflows and decision-making. Learn more about the recognition below. #Fintech #Fintech100 #AI

Artificial is a Deal of the Quarter in Gallagher Re's Q2 Global Insurtech report ???? We are honoured to be included in this report following our ￡8M Series A+ raise at the start of 2024. This year's reports take an in-depth look at AI and its role in the (re)insurance industry, with Q2 exploring AI's role in risk (pricing, underwriting and portfolio management). View the report to learn how we help brokers and insurers at every step of the insurance value chain: https://lnkd.in/eekMERVs Andrew Johnston David King Johnny Bridges Deana Murfitt Augmentum Fintech MS&AD Ventures #globalinsurtechreport #insurtech #funding #seriesaplus

?? Big News in RegTech! ?? Novatus Global, a startup founded by risk specialists Andrew Hedley and Matthew Ranson, has secured $40M in Series A funding led by Silversmith Capital Partners! ?? Their mission? To help financial institutions tackle complex data management and regulatory compliance challenges. ???? ?? Why it Matters: The 2007 banking crisis exposed a critical lack of transparency and the immense risk embedded in the global financial system. Today, institutions like MUFG, NatWest Group, and Revolut rely on Novatus' flagship product, En:ACT, to automate and streamline their reporting processes. Key Highlights: ? En:ACT is a SaaS platform designed to handle increasing regulatory demands. ? Novatus is expanding into North America, with existing offices in London and Sydney. ?? Ned Kingsley, Principal at Silversmith Capital, underscores the importance of technology: "Technology is the only way to solve the issue. The workforce reduction post-crisis made manual handling of regulatory requirements nearly impossible." Novatus is not just solving a company-specific issue but addressing an industry-wide challenge as financial regulations tighten globally. ?? As the demand for RegTech solutions grows, Novatus is at the forefront of ensuring transparency, compliance, and efficiency for financial institutions. Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! Source: TechCrunch #FutureTechly #Novatus #RegTech #SeriesAFunding #Compliance #FinancialInnovation #DataManagement #EnACT

Zala Insurtech News: Jetty, a fintech startup aiming to democratise the home renting space, has announced that it is partnering with Fortegra and Allianz. The post Jetty Announces Partnership with Fortegra and Allianz appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech

After a year of hard work, I'm happy to share the launch of our Simplyfi? Forecast tool. The team's dedication has been incredible, and I can't wait to see how Simplyfi? continues to grow. Simplyfi? Forecast is designed to simplify complex forecasting and valuation, giving you real-time insights for better decision-making. The intuitive drag-and-drop interface makes it easy to use. A beta version is available now – DM me for access. #Simplyfi #BusinessValuation #SimplyfiForecast