Author: User

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Hong Kong insurtech startup OneDegree launches its first product, medical coverage for pets

OneDegree, the Hong Kong-based insurance technology startup, launched its first product today, a line of medical plans for pets called Pawfect Care. The company will introduce other products, including cyber insurance and medical coverage for humans, all available completely online, over the next 12 months. Founded in 2016, OneDegree raised $30 million in Series A…

funding insurtech, insurance funding, insurtechs, insurtech investment 3 0

Insurtech Funding Roundup, Q1 2020: Investors Reduce Risk As The COVID-19-Induced Downturn Settles In

Insurtechs have brought innovation across the insurance value chain. Incumbents can’t stand still, especially as these nimble, digitally conscious startups disrupt insurance or bring capabilities that drive business efficiency. Incumbents should stay informed on insurtech trends and vigorously monitor the insurtech marketplace to evaluate investment opportunities. To this end, Forrester regularly reviews startup funding through…

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How to choose the right mentor for your startup

CBI Insights’ grim sounding 2020 report entitled 339 Startup Failure Post-Mortems found that 70% of upstart tech companies fail. When it comes to consumer hardware startups, 97% eventually die or “become zombies.” And what were the top three reasons for startup failure? No market need  Ran out of cash  Not the right team (lack of…