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Root shares drop 9% on Q3 results, CEO says insurtech ready to ‘accelerate our growth trajectory’

Root’s Q3 Results Impact Stock Performance Root, the auto insurtech company, saw its share price drop by 9% on Thursday following the release of its third-quarter earnings report. While CEO Alex Timm characterized the quarter as “very strong,” the...

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Natalie Neelan

Boston Mutual Life Insurance Appoints Natalie Neelan as Director of Innovation Boston Mutual Life Insurance has announced the appointment of Natalie...

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DUAL Strengthens Storm Risk Underwriting and Rating With ZestyAI

DUAL Partners with ZestyAI for Enhanced Storm Risk Assessment DUAL North America Inc. has announced its collaboration with ZestyAI, selecting the...

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Global insurtech funding slips as L&H deals plunge

Insurtech Funding Faces Challenges Recent data indicates that the global insurtech funding landscape is experiencing notable changes. Overall,...

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RegEd Introduces Eddie: The New Face of Its Ongoing Innovation in AI and Advanced Automation for Compliance and Producer Management

Introducing Eddie: A New AI Innovation by RegEd RegEd has announced the launch of Eddie, an advanced platform feature that merges automation and...

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Life insurer Brighthouse agrees to $4.1bn takeover by Aquarian

Brighthouse's $4.1 Billion Acquisition by Aquarian A recent announcement reveals that Brighthouse Financial, a prominent life insurer, has agreed to...

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Momentum Series Launches Second Book on Gen Y and Gen Z Builders Re-defining Technology, Leadership and Purpose for Insurance and Banking

New Book Highlights Young Innovators in Insurance and Banking The Momentum Series has announced the release of its second book, titled Super Ys and...

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AI-centred InsurTechs dominate as global funding hits $1.01bn in Q3: Gallagher Re

Global InsurTech Funding Drops Slightly to $1.01 Billion in Q3 2025 Funding Overview According to a report from Gallagher Re, global funding for...

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Global InsurTech investment dips to $1bn in Q3: Gallagher Re

InsurTech Investment Experiences a Decline in Q3 InsurTech funding has seen a decrease in the third quarter of 2023, dropping by 7.3% to $1 billion,...

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Nearly 75% of Q3 insurtech funding geared towards AI-driven companies, deal count falls: Gallagher Re

Shift in Insurtech Funding Trends The insurtech landscape is experiencing a notable change in funding patterns, highlighting a preference for...

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