/financeWithCoverage, an AI-enabled risk management platform positioning itself as a replacement for traditional insurance brokers for fast-growing companies, has closed a $42 mn Series B financing round. The round was led by Sequoia Capital and Khosla Ventures, with participation from
/financeSelectQuote, a U.S.-based, technology-enabled, direct-to-consumer insurance distribution and healthcare services company, has completed a new $415 mn credit facility, combining a $325 mn term loan provided by Pathlight Capital with an expanded $90 mn revolving credit facility fro
/cybersecuritySouth Korean e-commerce group Coupang says it will provide ₩1.69trn, about $1.17bn, in compensation to roughly 34mn users affected by a large-scale data breach disclosed last month. The package comes in the form of purchase vouchers and applies even to former customers who have s
/cybersecCyber incidents again rank as the leading global business risk heading into 2026, while artificial intelligence surged into second place, according to the latest Allianz Risk Barometer released by Allianz Commercial. Cyber risk held the top position for a fifth consecutive year,
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