Tag: McKinsey & Company

CoverForce revolutionises commercial insurance with one-click buying and $5m seed funding

Emerging from stealth mode, InsurTech company CoverForce has introduced a dynamic suite of products tailored for agency networks, wholesalers, and software firms. The company's objective is to digitise an offline market, offering swift and accurate insurance comparisons and purchases with a single click.

The future of health insurance: Hyper-personalisation and AI advancements

Transitioning from a transaction-based model to a service-enabled platform economy is at the heart of the digital life and health insurance landscape.

Global dominance within reach: UK InsurTech value skyrockets to $21bn

The UK's InsurTech sector is displaying great strength in the global market with a substantial enterprise value of around $21bn.

CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns

A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).

Cybersecurity platform Praetorian secures $10m in its Series A

Cybersecurity firm Praetorian has secured $10m in a Series A round and formed a strategic partnership with round investor McKinsey & Company. The round was...

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