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Insureon’s journey began in 1997, when the company TechInsurance Group was founded as a way to give small technology firms a way to buy insurance online. [9] The company launched Insureon in 2011 as an Insurtech distributor and a fully online brokerage, offering small business insurance in more than 900 industries through its website.
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.
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 December 2024. Equitable transfer of the risk of a loss, from one entity to another in exchange for payment "Insure" redirects here. Not to be confused with Ensure. For other uses, see Insurance (disambiguation). An advertisement for a fire insurance company Norwich Union, showing the amount of assets ...
Financial technology (also called FinTech) is an industry composed of companies that use technology to offer financial services. These companies operate in insurance, asset management and payment, and numerous other industries.
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The company grows as insurtech technology innovations in insurance company with 200+ global customers, according to its annual report in 2020. [7] In March 2021, property developers Aurum Platz IT acquired the promoter's stake of 14.78 percent in Majesco. It extended an open offer to shareholders to acquire 26 percent more stake in the company. [8]
An insurance-linked security (ILS) is a financial instrument whose value is driven by insurance loss events. Those such instruments that are linked to property losses due to natural catastrophes represent a unique asset class, the return from which is uncorrelated with that of the general financial market.
Health Insurance Innovations (HII) is a product agnostic insurance technology platform.The firm has headquarters in Tampa, Florida and is listed on NASDAQ. [1] [2] The company uses a cloud-based platform for licensed independent agents to enroll customers in products provided by insurance companies which provide the actual coverage. [3]