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Deutsche Bank and UniCredit invest US$55 Million in wefox to Boost Insurtech’s $4.5 Billion Valuation
Editorial Team November 3, 2023 Funding, News, Partnerships

Deutsche Bank and UniCredit invest US$55 Million in wefox to Boost Insurtech’s $4.5 Billion Valuation

wefox has secured a substantial boost with $55 million in fresh funding from Deutsche Bank and UniCredit, according to reliable sources familiar with the deal as reported by CNBC.
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Federato Partners with Google Cloud to Empower Underwriting Platform through AI
Editorial Team November 2, 2023 AI, News, Partnerships, Technology

Federato Partners with Google Cloud to Empower Underwriting Platform through AI

Federato has unveiled a groundbreaking partnership with Google Cloud to integrate cutting-edge capabilities into its RiskOps underwriting platform.
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Lemonade Shows Resilience with Strong Growth and Reduced Net Loss in Q3’23
Editorial Team November 2, 2023 News, Reports

Lemonade Shows Resilience with Strong Growth and Reduced Net Loss in Q3’23

Lemonade has revealed robust performance in the third quarter of 2023. The insurtech's share price soared over 30% following the improved Q3 results and experts say the company will return to its long-term growth rate target of around 25% in…
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