The proliferation of vertical SaaS applications for small and medium-sized firms creates openings for embedded insurance. KEY TAKEAWAYS: –While SMBs have long been seen as a growth opportunity for insurers, the insurance industry simply is not built to distribute products that meet both the needs of SMBs and the objectives of underwriters. Servicing SMB accounts …
Embedded insurance is one of the fastest-growing digital distribution methods in property and casualty insurance and is forecast to reach more than USD$722 billion in gross written premium worldwide by 2030. There is a fundamental reason for this tremendous growth. The embedded channel is an innovative way to reach a segment that has been notoriously challenging to …
Solving for ‘X’: The Why of Embedded Insurance in Vertical Industries Read More »
Cork, Ireland September 20th, 2023 – Kayna, the award-winning embedded insurance infrastructure platform, has closed a €1 million pre-seed funding round. Co-led by Delta Partners (Ireland) and MiddleGame Ventures (pan-European) with participation from Aperture (Switzerland) and InsurTech Fund – an affiliate of InsurTech NY (USA), the funding comes as the company accelerates market development efforts into the United Kingdom and United States. Providing technology and data orchestration …
Kayna, the InsurTech set to revolutionize small business insurance, raises €1 million Read More »
Cork, Ireland, 4th April 2023 – Kayna, an Irish InsurTech outfit that developed a unique embedded insurance infrastructure, enabling distribution through vertical SaaS, has won the Carrier/Broker Competition for Global Early-Stage Insurtech at InsurTech NY’s Spring Conference held in New York. The co-founding pair of Paul Prendergast, CEO and Peter Bermingham, CTO developed the solution to provide the …
Insurtech cracks solution to massive problem of over and underinsurance by harnessing SMB data to deliver real-time policy adjustments. Innovation enables SaaS platforms to ask SMBs “Do you want insurance with that?” Embedded Insurance market forecast to grow to $722bn in GWP by 2030 – more than six times its current size. Cork, Ireland 13th …
Kayna Launches Vertical SaaS Embedded Insurance Solution Read More »
