London-based insurtech start-up Digital Fineprint (DFP), a provider of commercial insurance analytics, has secured a $4 million investment from Eos Partners and Pentech Ventures to support its expansion plans, and formed a new partnership with RSA Insurance Group.
A better term for artificial intelligence (AI) is 'actionable insight', as it enables insurance companies to use better chosen data to find opportunities in the marketplace.
Insurers that embrace artificial intelligence and automation will gain a competitive edge that could help them swallow their rivals in the future, experts have said.
London-based insurtech start-up Digital Fineprint (DFP) has raised $2.7 million in its second funding round led by Pentech Ventures, a UK-based software-focused venture capital firm.
The pace of technological change is likely to continue accelerating in the re/insurance sector in 2018 and disruptive technology might open the doors to new entrants – that is according to many of the executives who we interviewed for our year-end questionnaire.
More puppies, better coffee, following the seven habits of highly effective people and embracing the Japanese productivity philosophy of ‘Kaizen’—these are just some of the more unusual New Year’s resolutions offered by executives who we interviewed for our year-end questionnaire.
While many of the respondents to our Christmas survey represent very large established companies, we also quizzed a few newer businesses, notably insurtech start-ups targeting the risk transfer space.
The way in which insurance companies operate is the polar opposite of Generation Y (millennials), a generation synonymous with technology and social media.
Specialist insurer Hiscox said on Aug. 21 has partnered with tech start-up Digital Fineprint to investigate how social media data can be used to better educate the smallest businesses on the risks they face and the insurance solutions available to help mitigate them.
Insurtech start-up Digital Fineprint has raised $400k seed investment from Eos Venture Partners and a group of angel investors.