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

Clearcover, a leading InsurTech, is set to elevate its customer service experience through a new partnership with Ada.

Clearcover taps Ada to elevate its customer service experience

Clearcover, a leading InsurTech, is set to elevate its customer service experience through a new partnership with Ada. The collaboration will see Ada's generative AI-powered...
Cover Genius, a leading embedded insurance provider, has raised $80m in a Series E funding round that was led by Spark Capital.

Cover Genius secures $80m in Series E Funding round led by Spark Capital

Cover Genius, a leading embedded insurance provider, has raised $80m in a Series E funding round that was led by Spark Capital.
Cortical.io, a pioneer in efficient artificial intelligence (AI) solutions, has partnered with Swiss Re to promote the adoption of intelligent document processing (IDP) among group insurance carriers, facilitating streamlined insurance processes.

Cortical.io and Swiss Re collaborate to transform insurance document processing

Cortical.io, a pioneer in efficient artificial intelligence (AI) solutions, has partnered with Swiss Re to promote the adoption of intelligent document processing (IDP) among group insurance carriers, facilitating streamlined insurance processes.
Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial services, has partnered with Exavalu to provide leading property and casualty insurance carriers with enhanced operational and analytical flexibility.

Earnix and Exavalu partner to revolutionise property & casualty insurance pricing

Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial services, has partnered with Exavalu to provide leading property and casualty insurance carriers with enhanced operational and analytical flexibility.
BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line.  BimaPay is...

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