Global insurtech funding hit a seven-year low of $4.25 billion in 2024, marking a challenging year for the sector, though AI-focused companies showed resilience by securing $2.01 billion across 119 deals, according to Gallagher Re’s Global Insurtech Report. Total insurtech funding in 2024 — down 5.6 percent from $4.51 billion in 2023 — represents the … Read more
Regardless of what else they might be doing, the indirect costs pay for various critical campus services, including at research hospitals. Suddenly having that amount slashed would create a major budgetary shortfall that will be hard to cover without shutting programs down. The resulting damage to research campuses in their states was one of the … Read more
Broadband program still in doubt As we’ve previously reported, US Senator Ted Cruz (R-Texas) and other Republicans want to overhaul the BEAD funding plans. Cruz accused the NTIA of “technology bias” because the agency decided that fiber networks should be prioritized over other types of technology, and Republicans objected to the Biden administration’s enforcement of … Read more
Prague, Czech Republic, Jan. 15, 2025, CyberNewswire — Quantum computing is set to revolutionize technology, but it also presents a significant security risk for financial institutions. Czech cybersecurity startup Wultra has raised €3 million from Tensor Ventures, Elevator Ventures, and J&T Ventures to accelerate the development of its post-quantum authentication technology, safeguarding banks and fintech … Read more
Through its corporate foundation, France-headquartered global reinsurance company SCOR is backing a climate prediction market initiative named CRUCIAL (The Climate Risk and Uncertainty Collective Intelligence Laboratory) that looks to produce collective expert forecasts of climate-related risks.The initiative is being led by Lancaster University Management School and, through the use of prediction markets, it aims to … Read more
