Tuesday, July 30, 2024

Faye, which offers travel insurance and fintech services via a single smartphone app, raised a $31M Series B led by Portage; Faye raised a $10M Series A in 2023 (Mike Butcher/TechCrunch)

Mike Butcher / TechCrunch:
Faye, which offers travel insurance and fintech services via a single smartphone app, raised a $31M Series B led by Portage; Faye raised a $10M Series A in 2023  —  We've been covering US-based Insurtech startup FAYE way back since 2022 with its Seed round, and the Series A round in 2023 …



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...