InRisk Labs Raises $27 Mn To Scale AI-Led Reinsurance Platform EarthRe

by · Inc42

SUMMARY

  • InRisk Labs has raised $27 Mn in a Series A funding round, while its subsidiary EarthRe has secured an IFSCA reinsurance licence
  • The funding and licence position InRisk Labs to scale AI-led reinsurance offerings as demand for climate-risk and catastrophe coverage grows in India
  • InRisk Labs develops technology for parametric insurance and reinsurance, while EarthRe offers non-life reinsurance across climate risk, property, crop, marine, motor and other specialty segments