Funding Rounds

Laka, the award-winning insurer for cyclists and green mobility users, has landed a 6.5m Venture Debt Facility from HSBC Innovation Banking, bringing the total Series B funding to £14.1m.

Laka secures £6.5m debt facility from HSBC Innovation Banking

Laka, the award-winning insurer for cyclists and green mobility users, has landed a 6.5m Venture Debt Facility from HSBC Innovation Banking, bringing the total...
Anzen, the AI-powered platform redefining how commercial insurance is distributed, has announced a $16m Series A funding round, bringing its total capital raised to $26m.

Anzen secures $16m to transform commercial insurance

Anzen, the AI-powered platform redefining how commercial insurance is distributed, has announced a $16m Series A funding round, bringing its total capital raised to...
District Cover raises $6m for new insurance products

District Cover raises $6m for new insurance products

District Cover, a tech-enabled insurance agency focused on expanding access to insurance for America’s urban business communities, has raised $6m in fresh funding. The company...
Fintary, an AI-powered revenue growth platform that helps insurance organisations streamline commission and financial operations, has raised $10m in a Series A funding round.

Fintary raises $10m to transform insurance operations

Fintary, an AI-powered revenue growth platform that helps insurance organisations streamline commission and financial operations, has raised $10m in a Series A funding round. The...
Healthcare FinTech Cylerity raises $4m to speed payments

Healthcare FinTech Cylerity raises $4m to speed payments

Madison-based Cylerity, a healthcare FinTech company that uses AI to accelerate payments to providers, has raised $4m in an oversubscribed seed round and secured...
Tunisian FinTech startup PAYDAY, a digital platform connecting insurers, banks, and employers, has secured $3m in its first pre-seed funding round, led by UGFS North Africa and supported by TALYS Group and BioProtection SA.

Tunisian InsurTech startup PAYDAY raises $3m funding

Tunisian FinTech startup PAYDAY, a digital platform connecting insurers, banks, and employers, has secured $3m in its first pre-seed funding round, led by UGFS...
Saudi-based InsurTech startup Najeeb.ai has secured an undisclosed pre-seed funding round from local and regional angel investors, the company announced.

Saudi InsurTech Najeeb.ai raises pre-seed for AI growth

Saudi-based InsurTech startup Najeeb.ai has secured an undisclosed pre-seed funding round from local and regional angel investors, the company announced. The funding will support the...
Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant step in its global growth ambitions.

Flood alert InsurTech Previsico lands Series A investment

Previsico, a live flood alert InsurTech based in the UK, has announced the successful close of its Series A funding round, marking a significant...
No-code InsurTech firm INSTANDA, a London-based technology company that enables insurers to build, configure and distribute insurance products without code, has secured a $20m investment round to accelerate its next phase of growth.

InsurTech INSTANDA secures $20m to drive AI expansion

No-code InsurTech firm INSTANDA, a London-based technology company that enables insurers to build, configure and distribute insurance products without code, has secured a $20m...
AI neo-insurer MGT secures $21.6m Series B funding

AI neo-insurer MGT secures $21.6m Series B funding

AI-driven commercial insurer MGT, a vertically AI-native neo-insurer focused on modernising property and casualty (P&C) coverage for small businesses, has closed an oversubscribed $21.6m...
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Latest Analysis

News Stories

InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of its platform and expand its team.

Pibit AI raises $7m to boost insurance platform

InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of...
HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to building voice-driven tools specifically for the insurance sector.

HawkSoft and Liberate bring Voice AI to insurance agencies

HawkSoft, a long-standing provider of agency management systems for insurance professionals, has formed a strategic partnership with Liberate, an AI automation firm dedicated to...
Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s first major expansion beyond the UK.

Staysure brings trusted travel insurance to Irish market

Staysure, a leading travel insurance provider, has officially launched its suite of tailored travel insurance products in the Republic of Ireland, marking the company’s...
openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free and open production-ready insurance data standard.

openIDL unveils first open insurance data standard

openIDL, an initiative of the Linux Foundation, dedicated to modernising and standardising insurance data across the global market, has launched the industry’s first free...
The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented systems, duplicated data entry, and email-based communication, leaving underwriters with limited time to properly assess risks. As carriers push for greater speed and accuracy, the industry is steadily turning to digital tools that reimagine how underwriting actually works, according to IntellectAI.

Inside the rise of digital underwriting workbenches

The insurance underwriting process has long been defined by complexity, delays, and manual tasks that slow decision-making. Traditional methods have relied heavily on fragmented...
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