Funding Rounds

Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance startups.

Alan hits €5bn valuation after €100m funding round

Parisian InsurTech Alan has reached a valuation of €5bn following a €100m funding round, strengthening its position as one of Europe’s most valuable insurance...
Embedded insurance platform Kayna has raised €1.5m ($1.7m) in a seed funding round to support expansion in the UK and US markets.

Kayna raises $1.7m seed for embedded insurance

Embedded insurance platform Kayna has raised €1.5m ($1.7m) in a seed funding round to support expansion in the UK and US markets. The round was...
Healthcare AI startup Delphyr has raised €1.75m to expand its platform for medical professionals, with backing from the founders of Hugging Face and DEGIRO.

Delphyr raises €1.75m for healthcare AI platform

Healthcare AI startup Delphyr has raised €1.75m to expand its platform for medical professionals, with backing from the founders of Hugging Face and DEGIRO. The...
Global investment in InsurTech firms surpassed $1bn in February, as investors swooned over artificial intelligence-driven platforms.

InsurTech funding tops $1bn in February as AI investment surges

Global investment in InsurTech firms surpassed $1bn in February, as investors swooned over artificial intelligence-driven platforms. The total was heavily influenced by a major capital...
CIBC backs AI-driven InsurTech Gradient AI's expansion

CIBC backs AI-driven InsurTech Gradient AI’s expansion

CIBC Innovation Banking, a specialist lender with over 25 years of experience in growth-stage technology companies, has provided growth capital financing to Gradient AI,...
AI insurer Harper secures $47m in seed and Series A

AI insurer Harper secures $47m in seed and Series A

Harper, an AI-powered commercial insurance brokerage, has raised $47m in combined seed and Series A funding. The round was led by Emergence Capital, with participation...

General Magic raises $7.2m to speed up insurance quotes

General Magic, an AI agent platform for the insurance industry, has raised a $7.2m seed funding round, bringing its total funding to $8.4m. The round...
Qumis, a commercial InsurTech specialising in attorney-trained artificial intelligence for insurance coverage intelligence, has announced a $4.3m injection of seed capital as it looks to accelerate growth in a rapidly evolving insurance technology market.

Insurance AI platform Qumis bags $4.3m seed investment

Qumis, a commercial InsurTech specialising in attorney-trained artificial intelligence for insurance coverage intelligence, has announced a $4.3m injection of seed capital as it looks...
mea, an AI-native InsurTech, has announced a significant minority growth equity investment as it looks to accelerate its global expansion and deepen engagement with customers across the (re)insurance market.

InsurTech firm mea secures $50m growth investment from SEP

mea, an AI-native InsurTech, has announced a significant minority growth equity investment as it looks to accelerate its global expansion and deepen engagement with...
Lassie, the prevention-first pet insurer, has raised $75m in Series C funding as it looks to scale across Europe and challenge traditional models of pet insurance with a stronger focus on preventive care and automation.

Lassie lands $75m Series C as it targets European expansion

Lassie, the prevention-first pet insurer, has raised $75m in Series C funding as it looks to scale across Europe and challenge traditional models of...

News Stories

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago, the sector was defined by the promise of disruption. Venture capital flowed into startups promising to rebuild insurance from the ground up. This swell of momentum saw surged to record levels, peaking at more than $15bn globally in 2021, according to CB Insights.

The next phase of InsurTech: From disruption to durability

Artificial intelligence may dominate the current conversation around insurance technology, but the story of InsurTech itself has followed a different trajectory. A decade ago,...
Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no longer adopting the technology. It is maintaining control over the pace and scope of the changes AI introduces.

AI and the future of consumer lending: what lenders need to know

Artificial intelligence is already transforming how lenders analyse risk, price products, and make credit decisions. Yet for many institutions, the real challenge is no...
WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its commercial lines pricing capabilities.

Thimble selects WTW Radar Live to scale pricing

WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its...
MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire.

MyChoice enters Guidewire’s Insurtech Vanguards community

MyChoice, a Canadian InsurTech focused on improving submission quality for insurers, has joined the Insurtech Vanguards programme run by Guidewire. The initiative connects insurers with...
Health In Tech, an AI-enabled InsurTech platform listed on Nasdaq, has partnered with software engineering firm Ciklum to expand the capabilities of its stop-loss health insurance marketplace.

Health In Tech taps Ciklum to enhance AI insurance marketplace

Health In Tech, an AI-enabled InsurTech platform listed on Nasdaq, has partnered with software engineering firm Ciklum to expand the capabilities of its stop-loss...
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