They support our InsurTech market watch
Become a sponsor: sourcing@astorya.vc
Reports

InsurTech weekly - Tesla insurance is up, big time

Explore three insurance innovation trends: Nsure bringing home insurance to ChatGPT, Floodbase turning parametric insurance into an API-driven product, and Tesla Insurance’s growth, profitability metrics, and expanding risk strategy.

1/ Another insurance player on ChatGPT

The first article, published in Coverager, details a recent initiative from Nsure to enable home insurance subscription on ChatGPT. This is another initiative from an insurance player to unlock new distribution streams through AI.

Subscribe to our newsletter:

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

2/ Parametric insurance via API

The second article is the announcement Floodbase made a few weeks ago. Its parametric insurance technology is now available through an API. Which should reduce the time to quote from weeks to minutes.

3/ How Tesla insurance is doing

The third article, published on S&P Global, details how Tesla insurance has been doing. Based on financial figures the company shares on 2025 FY, the article highlights how much GWP have grown from a year before. It also summarizes the dynamic in terms of market expansion and the switch to keeping more of the risk balance at home. It also shares the loss ratio !

You may like these articles: