State of Insurtech in Latin America: 2024 Funding & Ecosystem
Insurtech funding in Latin America hit a historic low of $26 mn in the first half of 2024, a 78% drop from the same period in 2023
“Digital Insurance” focuses on the transformation of the insurance industry through technology. This category explores how digital tools and platforms are reshaping traditional insurance practices. It covers topics such as the implementation of digital technologies in insurance processes, advancements in online insurance platforms, and the impact of data analytics and artificial intelligence on underwriting and claims management.
The category highlights innovations like automated claims processing, mobile insurance apps, and blockchain applications in insurance. By examining these developments, “Digital Insurance” provides insights into how technology enhances efficiency, improves customer experience, and drives the future of the insurance sector.
Insurtech funding in Latin America hit a historic low of $26 mn in the first half of 2024, a 78% drop from the same period in 2023
Insurance Digital Transformation refers to the comprehensive integration of digital technologies into all areas
For re/insurance industry, Digital Trust and Artificial Intelligence are vital for business since access to data is the key component behind risk analytics and automation capabilities
While the idea of full-funnel marketing in Insurance has been around for years, most insurers unable to overcome technological barriers
Legacy technology systems have long been a problem for insurance providers. The idea of moving customer data away from incumbent systems is a daunting prospect for most insurers
Planning out insurance marketing strategy is a great way to stay on track with your business goals and find success within your target market
The COVID-19 pandemic has prompted a widespread reprioritisation of tech
initiatives and will hasten the deployment of digital solutions across the world.
Insurtech companies need to keep pace with the demand they have created through sustainable unit economics and wise risk management