Tag: insurance
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Qover raises $12M from CIBC as it celebrates 10 years of embedded insurance growth
Insurtech Qover today marks its 10th anniversary with a significant milestone: the extension of a $12 million growth capital facility from CIBC Innovation Banking, bringing total funding raised since inception to over $100 million. Founded in 2016 by Quentin Colmant and Jean-Charles Velge, Qover set out to make insurance simple, transparent, and accessible across borders read more
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Gulf businesses buy up political violence insurance as conflict spreads
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Data centres, energy projects, pipelines, ports and hotels across the Gulf are flooding insurers with requests for millions of dollars of cover against political violence, as asset owners move to limit their exposure to the read more
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Gulf insurance costs soar 12-fold despite Trump guarantee
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The cost of insuring a ship sailing through the Strait of Hormuz has soared 12-fold, even after Donald Trump vowed to backstop trade through the key oil chokepoint. Shipowners have been quoted millions read more
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Humbrela receives €161K to build a unified insurance intelligence layer
Swiss-based ICT startup Humbrela has received €161,000 (CHF 150,000) from Venture Kick to advance the development of its AI-driven platform, which unifies insurance and warranty data and helps brokers, wholesale brokers and Managing General Agents (MGAs) better support their customers. Today, insurance information is spread across emails, portals, PDFs, credit card benefits and embedded products. read more
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