Neptune Flood
– Utilises advanced mapping technologies and aerial remote sensing to create sophisticated algorithms for the risk of flooding.– B2C and B2B product– Policies are currently backed by Lloyd’s of London, Markel and AXA
New unicorn in town: Paris-based Shift Technology raises $220M at a valuation of $1B+
Paris-based Shift Technology is a startup that provides AI-based fraud detection for the insurance industry. In a recent development, the SaaS provider announced that it has raised $220M (approx €182.58M) in its Series D round of funding.
NeuralMetrics
– InsurTech company and data provider using proprietary natural language processing (NLP) technology to power a real-time, alternative data engine which delivers classification, underwriting, know your customer (KYC), and intelligent prospecting for commercial lines general or property and casualty (P&C)…