Exits

Providence Equity Partners acquires Node4 from Bowmark Captial

UK-based private equity firm Bowmark Capital has sold its stake in IT infrastructure developer Node4 to US investor Providence Equity Partners.

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.

News Stories

Bdeo launches Vonage to improve AI claims assessment

Bdeo launches Vonage to improve AI claims assessment

Spanish InsurTech Bdeo has launched Vonage’s Quality on Demand (QoD) Network API in full commercial production, bringing network-prioritisation technology into insurance claims and underwriting...
CoverGo lands $6m as AI-native InsurTech hits breakeven

CoverGo lands $6m as AI-native InsurTech hits breakeven

CoverGo, an AI-native platform serving the insurance industry, has secured $6m from the first close of its Series B1 round as it aims to...
Verisk expands AI tools for insurance underwriting

Verisk expands AI tools for insurance underwriting

Verisk is broadening the availability of its insurance data through integrations with Amazon Quick and Microsoft Copilot, while adding new resources to its existing...
Avante raises $30m to expand AI benefits technology

Avante raises $30m to expand AI benefits technology

Employee benefits technology provider Avante has raised $30m in a Series A round to scale its artificial intelligence (AI) platform across international markets and...
How Vellum is tackling insurance’s AI-ready data problem

How Vellum is tackling insurance’s AI-ready data problem

The seed of Vellum traces back to challenges Julianna Muir, the company’s founder and CEO, identified consistently throughout her career. She began as a reinsurance...
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