As many as 50 % of businesses could be underinsured , according to reports . How well prepared do you think your business is for the level of risk it faces ?
BY THE NUMBERS
WE ASKED :
As many as 50 % of businesses could be underinsured , according to reports . How well prepared do you think your business is for the level of risk it faces ?
13 %
Overinsured
25 %
Slightly underinsured
13 %
Severely underinsured
50 %
Adequately insured
TRIO IN NEW APPROACH TO BUSINESS INSURANCE Technology provider Codat , insurance broker Capsule , and Aviva will test a new ' real-time ' approach to pricing business insurance policies , designed specifically for high-growth companies
POLICY EXPERT UNVEILS EXPANSION PLANS UK insurtech Policy Expert has unveiled expansion plans that include building out its team to 100 people by the end of 2022
BOXX SWOOPS FOR CYBER INTELLIGENCE PLATFORM BOXX Insurance is to acquire Templarbit , a cyberthreat intelligence platform that it claims “ makes it simpler for businesses to stay ahead of digital threats ”
� GLOW The US insurtech , which describes itself as “ the digital insurance agency for small businesses ”, has closed a US $ 22.5mn Series A funding round led by Cota Capital
� FLOODFLASH The parametric insurer has made good on its promise to expand internationally , announced as part of its Series A last February . It has made experienced exec Mark Hara its first US hire
u
� APOLLO
INSURANCE The Canadian insurtech is reportedly laying off around a quarter of its workforce – or about 30 people – which it says “ reflects a renewed focus for our organisation ”
� ALLSTATE The American insurance giant , which is one of the largest car and home insurers by volume , has announced quarterly losses for Q3 2022 of nearly US $ 700mn
GOOD TIMES BAD TIMES
JAN23
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