Technology/Science
While Funding Levels Rise, So Do InsurTech Death Rates
While the aggregate InsurTech funding level for the first-half of 2021 soared past the amount raised for InsurTech businesses for the entire year 2020, InsurTechs continued to quietly shut their ...
Within 80 Years, Global Warming Could Kill 83M
A population equivalent to that of Germany—83 million people—could be killed by 2100 because of rising temperatures caused by greenhouse gas emissions, according to a new study that might ...
Robo-Lawyer DoNotPay Valued at $210M; Expanding to Small Biz Customers
DoNotPay, a startup that describes itself as a robot lawyer striving to beat bureaucracy, has more than doubled its valuation to about $210 million, according to Chief Executive Officer Joshua ...
Zoom Settles ‘Zoombombing’ and Privacy Rights Lawsuit for $85M
Zoom Video Communications Inc. agreed to pay $85 million and bolster its security practices to settle a lawsuit claiming it violated users' privacy rights by sharing personal data with Facebook, ...
For Insurance Software Company Earnix, More Acquisition Targets Will Follow Its Driveway Deal
Earnix CEO Udi Ziv predicts his company will pursue more acquisitions in the coming months. News that the Israel-based software company focused on insurers and banks would seek more M&A targets ...
Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion
FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach. The company said it serves ...
Insurance Software Company Earnix Acquires Assets of Telematics InsurTech Driveway Software
Earnix, a software company focused on insurers and banks, has acquired the assets of Driveway Software Corp., a telematics provider that relies on artificial intelligence. Financial terms were not ...
More than 80% of Policyholders Want to Text Their Insurers
More than 80 percent of policyholders would prefer to communicate with their insurance company or agent via text, according to a new survey from communication platform Hi Marley. And the vast ...