Exits

Hippo snaps up another $350m as the InsurTech industry seems to be reaching new...

Hippo is having a great 2020, having officially secured its unicorn status this summer and it now bagging a $350m investment just as the InsurTech industry seems to be recovering from a previous slump.

Root launches its IPO with shares priced at $27 each

Root, the parent company of digital car insurance platform Root Insurance, launched its initial public offering and its shares exceeded expectations.

Root Insurance files for IPO

Hot on the heels of Lemonade's IPO this summer, Root has now added its name to the list of InsurTechs going public in 2020.

Private equity firm Clearlake Capital acquires InsurTech startup Zywave

Private equity firm Clearlake Capital has acquired software-as-a-service provider of front office insurance solutions Zywave from Aurora Capital Partners.

UK InsurTech Brolly has been acquired by Direct Line Group and will be shutting...

Having kicked off its journey four years ago, UK-based InsurTech startup Brolly is now closing its books after being acquired by Direct Line Group.

Lemonade’s shares soared more than 138% in its first day of trading publicly

InsurTech Lemonade has started trading after a much anticipated initial public offering (IPO) and the debut has so far proven a hit.

Why it matters that InsurTech unicorn Lemonade has raised the price range for its...

A lot of InsurTech stakeholders are watching Lemonade's upcoming initial public offering (IPO) with great interest, so they have no doubt noted that its upcoming listing will be more expensive than expected.

What does Lemonade’s upcoming IPO mean for the rest of the InsurTech industry?

Last week it was revealed that InsurTech scaleup Lemonade is planning to go public, but the question is what it will mean for its...

Lemonade releases IPO filing with $100m target

Online insurance company Lemonade postponed its initial public offering (IPO) last year after WeWork’s attempt imploded, but now it seems like the InsurTech has changed its mind.

The coronavirus represents a “return to chaos” that could benefit FinTech companies

COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.

News Stories

Azos, a Brazilian InsurTech focused on individual life insurance, has raised $25m in a Series C round to expand in a market still dominated by Bradesco and Prudential.

Brazilian InsurTech Azos raises $25m Series C

Azos, a Brazilian InsurTech focused on individual life insurance, has raised $25m in a Series C round to expand in a market still dominated...
Cytora, a digital risk processing platform for the insurance industry, has launched Cytora Autopilot, a new agentic AI capability designed to enable insurers to automate end-to-end risk workflows for the first time.

Cytora launches agentic AI to automate risk workflows

Cytora, a digital risk processing platform for the insurance industry, has launched Cytora Autopilot, a new agentic AI capability designed to enable insurers to...
ZestyAI, a risk and decision intelligence platform for the insurance industry, has secured partnerships with two US regional insurers, Harford Mutual Insurance Group and American European Insurance Group (AEIG), to strengthen property-level underwriting across their respective portfolios.

Harford Mutual and AEIG partner with ZestyAI

ZestyAI, a risk and decision intelligence platform for the insurance industry, has secured partnerships with two US regional insurers, Harford Mutual Insurance Group and...
AutoRek, a financial operations automation platform, has revealed that 82% of insurers believe AI will dominate the industry's future, yet just 14% have fully integrated it into their financial operations, exposing a stark divide between ambition and real-world adoption across the sector.

Insurance sector’s AI ambition outpaces action, report finds

AutoRek, a financial operations automation platform, has revealed that 82% of insurers believe AI will dominate the industry's future, yet just 14% have fully...
In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What remains is an uninsured black hole larger than the GDP of Bahrain.

How extreme weather is widening insurance protection gaps

In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What...
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