DeFi Insurance Payouts Rose to $34.4M in 2022, Says New Report
Ninety percent of all DeFi insurance claims paid out since inception were distributed in 2022, according to OpenCover.
March 21, 2023
5:44 pm
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Ninety percent of all DeFi insurance claims paid out since inception were distributed in 2022, according to OpenCover.
Indonesian insurtech company Fuse announced Tuesday that it achieved more than 150 million policies in 2022, with gross written premium (GWP) exceeding $200 million.
Generali UK Branch has chosen to prepare and manage its reinsurance data with leading reinsurance software provider Supercede, including data cleansing, preparation, and validation. This will significantly speed up the process and reduce manual processing time.
Coalition’s new Active Cyber Risk Model simulates aggregate risk for 5,000 companies, extrapolated to an estimated $29.8 billion in total losses to the U.S. economy
Swiss Re’s experts have warned that pressure as a result of inflation is being placed on P&C reinsurers and insurers over the next 12 months and this will impact claims growth.
Netradyne, an SaaS provider of artificial intelligence (AI) and edge computing solutions focused on safety and driver coaching for commercial fleets, announced its partnership with Cover Whale Insurance Solutions, Inc., a commercial trucking insurance provider and fast-growing insurtech.
Insurtech company Guidewire has been named one of the country’s best midsize employers by Forbes.
Specialist insurer Hiscox UK has launched an underwriting academy after a successful pilot in the final quarter of 2022.
State Farm has reported that the company’s annual claims paid to help customers recover from hail damages increased more than $1 billion from 2021 to 2022.
AXA XL, the P&C and specialty risk division of AXA, has partnered with Intangic MGA to offer parametric cyber insurance solutions
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