It is a financial and a moral imperative to make climate technology, together with medicine, the main priority of humanity.
ThreeFlow raises $45 million to scale its employee benefits placement software
ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding. New investor Accel led the round alongside existing investors Emergence Capital, Equal Ventures, and First Trust Capital Partners. The Chicago-based company, formerly known as WatchTower, raised $8 million for its Series A round in […]
The Guardian view on LV’s buyout: stop this terrible backroom deal | Editorial
In agreeing this private equity deal and keeping most of its details from their own members, LV= directors have shown a striking combination of high-handedness and cack-handednessIt was founded shortly after Victoria ascended the throne, and over the i…
South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe
Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however, this sector hasn’t raced to the stage as quickly as say, payments or lending. With the global insurtech market worth over $5 trillion, there […]
Gove looks at cutting insurance costs to tackle building safety crisis
Housing secretary may also push developers to pay for repairs in signs of renewed push to fix problemAnalysis: bolder moves required as Gove tackles crisisMichael Gove is exploring how to cut soaring insurance premiums for homeowners hit by the buildin…
YC-backed Amenli raises $2.3M to provide insurance to Egyptian consumers
The average penetration rate for insurance in Africa is between 3% to 5%. South Africa makes up a large bulk of it; without it, the continent is on a 1% to 2% rate even with other developed technology and financial markets like Kenya, Nigeria and Egypt. The insurance market is still one of the industries […]
Intimate data: can a person who tracks their steps, sleep and food ever truly be free?
Big tech now encourages us to monitor everything from our heart rate to our glucose levels via smartphones and watches. How much privacy have we lost to the promise of self improvement – and is it time to stop?First we counted our steps, then our heart…
Hedvig banks $45M to expand its millennial-focused insurance service in Europe
Millennial consumers are emerging as a key demographic in the insurance market, and today a Swedish startup that’s building a business catering specifically to their needs and priorities is announcing a round of funding to fuel its growth. Hedvig, a neo-insurer that provides property, travel, contents, and accident insurance geared to the lifestyles of younger […]
More Than’s refusal of our flooding insurance claim doesn’t hold water
Our home was damaged after torrential rain in July but the company says we are not coveredOne Sunday at the end of July our home, along with most of our neighbours’, was flooded after torrential rain. There was a foot of water in our kitchen. We were a…
Grow Therapy plants $15M into helping therapists start their own practices
The behavioral health startup helps therapists launch their own private practices that are covered by insurance.