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A New Approach: Florida Agents Association Makes Big Investment in Startup Insurer

Apr 4 2024 // The Florida Association of Insurance Agents, the largest agent group in the state, has taken the unprecedented step of investing in a startup insurance carrier, a move designed to help keep agents in the game and bring...

North Korean Hackers Stalk Crypto Startups Scrimping on Security

Mar 25 2024 // It’s every cryptocurrency project’s nightmare: Well-resourced hackers — perhaps backed by a rogue state like North Korea — strike out of nowhere, dismantling cyber defenses and making off with millions of...

Safepoint’s Florida Startup, Manatee Insurance Exchange, Gets COA, Financial Ratings

Feb 7 2024 // Florida regulators have approved another reciprocal property insurance company and it has received ratings from two financial rating firms. Manatee Insurance Exchange, a spinoff from Tampa-based Safepoint Insurance Co.,...

Startup AiDash Raises $50M for Tech Using AI, Satellites to Spot Wildfire Risk

Jan 26 2024 // A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported it had raised $50 million in new funding, reflecting Silicon Valley efforts to create...

Andreessen Horowitz Backs British Insurance Startup in $73M Funding Round

Jan 11 2024 // U.S. venture capital firm Andreessen Horowitz has backed London-based insurance startup Hyperexponential in a $73 million funding round, the insurance software company said on Thursday. Founded in 2017, Hyperexponential...

Palo Alto Acquires Israeli Cyber Startup Talon in M&A Push

Nov 7 2023 // Palo Alto Networks Inc. agreed to buy Talon Cyber Security Ltd., marking the second acquisition of an Israeli peer within a week. The deal is valued at about $625 million, according to a person familiar with the plans who...

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