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Mastercard launches Global Cyber Forward programm in Dubai

Timo Dreger0 comment
Mastercard today launched its Global Cyber Forward program in partnership with Dubai International Financial Centre (DIFC), the leading global financial center and largest fintech hub in the Middle East, Africa and South Asia (MEASA) region. Governments, financial institutions and businesses around the world have been facing an increase in cyber threats as people and businesses Read More
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Swedish insurtech Greater Than raises more than $16m

Timo Dreger, 0 comment
Swedish insurtech Greater Than has raised nearly SEK136m ($16.1m) through a directed share issue in a bid to support its growth. Cuarto, a subsidiary in the Nidoco group, subscribed the entire share issue. The insurtech plans to use the new proceeds to further scale-up its business and technology, and expedite revenue generation. Greater Than focuses Read More
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Global insurtech funding reached $7.12 billion across 377 deals, the most in any year to date

Timo Dreger, 0 comment
Insurtech raised more funding in 2020 than ever before. Late-stage mega-rounds helped global insurtech funding reach $7.12 billion across 377 deals this year, and Life & Health insurtechs will further accelerate funding in 2021. Global insurtech funding reached $7.12 billion across 377 deals, the most in any year to date, per Willis Towers Watson (WTS). Total Read More
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Insurance firms face pressure to improve the customer experience

Timo Dreger,
Big Tech companies are breathing down the necks of insurance companies. Giants like Amazon, Apple and Google have upped their innovation games in recent years, setting the customer experience bar higher than ever with their data-centric, consumer-focused business models. Now, they’re using their insights to venture into the financial services sector, competing with insurers at Read More
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The rising cost of international health insurance

Timo Dreger
Tatum Anderson assesses the many factors affecting the rise in health insurance premiums, including increasing treatment costs, higher incidence of chronic conditions, evolving and expanding regulatory requirements, and the accelerated use of insurtech The coronovirus might have caused an unusual blip, but health insurance premiums, say insurers, usually go up, not down. Willis Towers Watson, Read More
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COVID Accelerates Digital Disruption and Innovative Business Models in the Insurance sector

Timo Dreger,
Changing risk landscapes and worsening loss ratios are shifting the role of insurance companies from risk mitigation to risk prevention. Additionally, the pandemic has put new pressures on business models. Newer risks, evolving customer expectations, and increased competition combined with business continuity challenges have made digital transformation a top priority for insurance carriers. Insurance companies Read More