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On Thursday, Janover Inc (NASDAQ: JNVR) announced the launch of new AI tools to accelerate business development activities within its Insurtech subsidiary, Janover Insurance Group. The new tools ...
In China, the insurtech industry is expected to grow significantly from approximately US$37 billion in 2015 to US$174 billion in 2020. [4] By the end of 2016, ZhongAn made up 0.9% of China's insurtech market and gained a competitive advantage by having a special digital insurance license before its competitors. [3]
Fintech applications span a wide range of financial services. These include digital banking, mobile payments and digital wallets, peer-to-peer lending platforms, robo-advisors and algorithmic trading, insurtech, blockchain and cryptocurrency, regulatory technology, and crowdfunding platforms.
Kin Insurance, Inc. was established in 2016 by Sean Harper, Lucas Ward, and Sebastian Villarreal, who had experience in financial technology, having built and sold businesses to Groupon, Insight Venture Partners, and Avant.
Lemonade, Inc. is an American insurance company. The company offers renters' insurance, homeowners' insurance, car insurance, pet insurance, and term life insurance in the United States, as well as contents and liability policies in Germany and the Netherlands and renters' insurance in France.
Sapiens International Corporation N.V. is a publicly traded company, [2] headquartered in Israel, that develops computer software for the insurance industry. [3]Sapiens' shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange.
Open (Open Insurance Pty Ltd) was founded in Australia during June 2016 by British expats Jonathan Buck and Jason Wilby. The pair initially launched a consumer brand Huddle with the aim of challenging traditional financial services in Australia and offering a transparent and technology driven model for consumers.
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.
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